Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Hydroelectricity Investment and Development Company's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 4,911.47%.
XNEP:HIDCL's ROC (Joel Greenblatt) % is ranked better than 84.82% of 626
companies
in the Asset Management industry
Industry Median: 66.175
vs XNEP:HIDCL: 1344.59
Hydroelectricity Investment and Development Company (XNEP:HIDCL) ROC (Joel Greenblatt) % Explanation
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.
* 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.
Hydroelectricity Investment and Development Company ROC (Joel Greenblatt) % Chart
Hydroelectricity Investment and Development Company Annual Data
XNEP:HIDCL vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison
For the Asset Management subindustry, Hydroelectricity Investment and Development Company'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.
Hydroelectricity Investment and Development Company ROC (Joel Greenblatt) % vs Asset Management Industry
Hydroelectricity Investment and Development Company ROC (Joel Greenblatt) % Calculation
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 (Apr. 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 4,911.47% mean?
Hydroelectricity Investment and Development Company (XNEP:HIDCL) has a ROC (Joel Greenblatt) % of 4,911.47% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Hydroelectricity Investment and Development Company and its competitors. This is 3095% above median its historical median of 153.73. According to the industry distribution chart, Hydroelectricity Investment and Development Company ranks #95 out of 626 companies in the Asset Management industry, placing it in the top 15.2%.
Is Hydroelectricity Investment and Development Company's ROC (Joel Greenblatt) % too high?
Hydroelectricity Investment and Development Company's current ROC (Joel Greenblatt) % of 4,911.47% is 3095% above median its 10-year median of 153.73. The Asset Management industry median ROC (Joel Greenblatt) % is 66.18. Hydroelectricity Investment and Development Company's value of 4,911.47% is 7321.9% above this industry median. Based on the distribution chart, Hydroelectricity Investment and Development Company ranks #95 out of 626 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Hydroelectricity Investment and Development Company has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hydroelectricity Investment and Development Company's ROC (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Hydroelectricity Investment and Development Company ranks #95 out of 626 companies for ROC (Joel Greenblatt) %. This places Hydroelectricity Investment and Development Company in the top 15% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 66.18. Hydroelectricity Investment and Development Company's value of 4,911.47% is 7321.9% above this benchmark. While the company's 10-year median is 153.73 vs. the industry median of 66.18, Hydroelectricity Investment and Development Company has consistently been above 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 an Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 66.18, based on 626 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. Hydroelectricity Investment and Development Company's current ROC (Joel Greenblatt) % of 4,911.47% is 7321.9% above 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 Hydroelectricity Investment and Development Company and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 66.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hydroelectricity Investment and Development Company's current ROC (Joel Greenblatt) % is 4,911.47%, which is 3095% above median its own 10-year median of 153.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydroelectricity Investment and Development Company stock overvalued right now?
Based on GuruFocus' analysis, Hydroelectricity Investment and Development Company (XNEP:HIDCL) is currently considered Modestly Undervalued. The stock's GF Value™ is NPR305.67, compared to a current price of NPR242.00 — trading 20.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 4,911.47%, which is 3095% above median its 10-year median of 153.73 and 7321.9% above the Asset Management industry median of 66.18. Hydroelectricity Investment and Development Company's overall GF Score™ is 79/100 with 1 warning sign 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 Hydroelectricity Investment and Development Company (XNEP:HIDCL), the current ROC (Joel Greenblatt) % is 4,911.47% as of Apr. 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 Hydroelectricity Investment and Development Company (XNEP:HIDCL) Overvalued in 2026?
Based on GuruFocus' analysis, Hydroelectricity Investment and Development Company stock appears to be undervalued.
The current stock price of NPR242.00 is trading 20.8% below its estimated GF Value™ of NPR305.67.
GuruFocus considers Hydroelectricity Investment and Development Company to be Modestly Undervalued.
Key valuation signals for XNEP:HIDCL:
ROC (Joel Greenblatt) %: 4,911.47% (3095% above median its 10-year median of 153.73)
GF Value™: NPR305.67 vs. price of NPR242.00 (20.8% below fair value)
Industry Position: 7321.9% above the Asset Management median (#95 of 626)
No single metric tells the full story. See the XNEP:HIDCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hydroelectricity Investment and Development Company Ltd mobilizes funds from domestic and international resource base to cater to the needs of investments in the middle to mega hydroelectricity generation, transmission, and distribution projects. The company operates and generates revenue within Nepal.
79GF Score
Get the complete analysis for XNEP:HIDCL
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XNEP:HIDCL has been successfully added to your 
