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Zenith ExportsNSE:ZENITHEXPO -1.00%71 ROC (Joel Greenblatt) % is 0.42% as of Mar. 2026, which is 77% below its 10-year median of 1.79. GuruFocus rates NSE:ZENITHEXPO with a GF Score™ of 71/100 and a GF Value™ of ₹191.90 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, Zenith Exports ranks worse than 52.26% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Zenith Exports's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.42%.
The historical rank and industry rank for Zenith Exports's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:ZENITHEXPO'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.45 Med: 1.79 Max: 7.9
Current: 7.73
During the past 13 years, Zenith Exports's highest ROC (Joel Greenblatt) % was 7.90%. The lowest was -10.45%. And the median was 1.79%.
NSE:ZENITHEXPO's ROC (Joel Greenblatt) % is ranked worse than 52.26% of 1062
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.54
vs NSE:ZENITHEXPO: 7.73
Zenith Exports's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Zenith Exports ROC (Joel Greenblatt) % Related Terms
Zenith Exports ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Zenith Exports's ROC (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Textile Manufacturing subindustry, Zenith Exports's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Zenith Exports ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zenith Exports's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Zenith Exports's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a ROC (Joel Greenblatt) % of 0.42% mean?
Zenith Exports (NSE:ZENITHEXPO) has a ROC (Joel Greenblatt) % of 0.42% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Zenith Exports and its competitors. This is 77% below median its historical median of 1.79. According to the industry distribution chart, Zenith Exports ranks #555 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 52.3%.
Is Zenith Exports' ROC (Joel Greenblatt) % too high?
Zenith Exports' current ROC (Joel Greenblatt) % of 0.42% is 77% below median its 10-year median of 1.79. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.54. Zenith Exports' value of 0.42% is 95.1% below this industry median. Based on the distribution chart, Zenith Exports ranks #555 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Zenith Exports has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zenith Exports' ROC (Joel Greenblatt) % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zenith Exports ranks #555 out of 1062 companies for ROC (Joel Greenblatt) %. This places Zenith Exports in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.54. Zenith Exports' value of 0.42% is 95.1% below this benchmark. While the company's 10-year median is 1.79 vs. the industry median of 8.54, Zenith Exports has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.54, based on 1,062 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zenith Exports's current ROC (Joel Greenblatt) % of 0.42% is 95.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Zenith Exports and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenith Exports's current ROC (Joel Greenblatt) % is 0.42%, which is 77% below median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Exports stock overvalued right now?
Based on GuruFocus' analysis, Zenith Exports (NSE:ZENITHEXPO) is currently considered Fairly Valued. The stock's GF Value™ is ₹191.90, compared to a current price of ₹198.89 — trading 3.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 0.42%, which is 77% below median its 10-year median of 1.79 and 95.1% below the Manufacturing - Apparel & Accessories industry median of 8.54. Zenith Exports' overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Zenith Exports (NSE:ZENITHEXPO), the current ROC (Joel Greenblatt) % is 0.42% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Zenith Exports (NSE:ZENITHEXPO) Overvalued in 2026?
Based on GuruFocus' analysis, Zenith Exports stock appears to be overvalued.
The current stock price of ₹198.89 is trading 3.6% above its estimated GF Value™ of ₹191.90.
GuruFocus considers Zenith Exports to be Fairly Valued.
Key valuation signals for NSE:ZENITHEXPO:
ROC (Joel Greenblatt) %: 0.42% (77% below median its 10-year median of 1.79)
GF Value™: ₹191.90 vs. price of ₹198.89 (3.6% above fair value)
Industry Position: 95.1% below the Manufacturing - Apparel & Accessories median (#555 of 1062)
No single metric tells the full story. See the NSE:ZENITHEXPO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zenith Exports Ltd is an India-based company engaged in the business of Leather Goods & Textile Fabrics. Its segment includes Silk Fabrics & Made-ups, Silk Fabrics & Made-ups, Yarns, and Weavings Silk Fabrics. It generates the majority of its revenue from the Industrial Leather H/Gloves & Made-ups. Geographically, it derives the majority of its revenue from Outside India.
71GF Score
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