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Upper Tamakoshi HydropowerXNEP:UPPER 57 ROC (Joel Greenblatt) % is 2.99% as of Apr. 2026, which is 65% above its 10-year median of 1.81. GuruFocus rates XNEP:UPPER with a GF Score™ of 57/100 and a GF Value™ of NPR238.51 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 444 Utilities - Independent Power Producers companies, Upper Tamakoshi Hydropower ranks better than 52.48% 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. Upper Tamakoshi Hydropower's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 2.99%.
The historical rank and industry rank for Upper Tamakoshi Hydropower's ROC (Joel Greenblatt) % or its related term are showing as below:
XNEP:UPPER'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.1 Med: 1.81 Max: 7.01
Current: 7.01
During the past 8 years, Upper Tamakoshi Hydropower's highest ROC (Joel Greenblatt) % was 7.01%. The lowest was -0.10%. And the median was 1.81%.
XNEP:UPPER's ROC (Joel Greenblatt) % is ranked better than 52.48% of 444
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.15
vs XNEP:UPPER: 7.01
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.
For the Utilities - Renewable subindustry, Upper Tamakoshi Hydropower'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.
Upper Tamakoshi Hydropower ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Upper Tamakoshi Hydropower's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Upper Tamakoshi Hydropower'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 (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 2.99% mean?
Upper Tamakoshi Hydropower (XNEP:UPPER) has a ROC (Joel Greenblatt) % of 2.99% 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 Upper Tamakoshi Hydropower and its competitors. This is 65% above median its historical median of 1.81. According to the industry distribution chart, Upper Tamakoshi Hydropower ranks #211 out of 444 companies in the Utilities - Independent Power Producers industry, placing it in the top 47.5%.
Is Upper Tamakoshi Hydropower's ROC (Joel Greenblatt) % too high?
Upper Tamakoshi Hydropower's current ROC (Joel Greenblatt) % of 2.99% is 65% above median its 10-year median of 1.81. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.15. Upper Tamakoshi Hydropower's value of 2.99% is 51.4% below this industry median. Based on the distribution chart, Upper Tamakoshi Hydropower ranks #211 out of 444 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Upper Tamakoshi Hydropower has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Upper Tamakoshi Hydropower's ROC (Joel Greenblatt) % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Upper Tamakoshi Hydropower ranks #211 out of 444 companies for ROC (Joel Greenblatt) %. This puts Upper Tamakoshi Hydropower in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 6.15. Upper Tamakoshi Hydropower's value of 2.99% is 51.4% below this benchmark. While the company's 10-year median is 1.81 vs. the industry median of 6.15, Upper Tamakoshi Hydropower 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 an Utilities - Independent Power Producers company?
The median ROC (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 6.15, based on 444 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. Upper Tamakoshi Hydropower's current ROC (Joel Greenblatt) % of 2.99% is 51.4% 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 Upper Tamakoshi Hydropower and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Upper Tamakoshi Hydropower's current ROC (Joel Greenblatt) % is 2.99%, which is 65% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Upper Tamakoshi Hydropower stock overvalued right now?
Based on GuruFocus' analysis, Upper Tamakoshi Hydropower (XNEP:UPPER) is currently considered Modestly Undervalued. The stock's GF Value™ is NPR238.51, compared to a current price of NPR193.50 — trading 18.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 2.99%, which is 65% above median its 10-year median of 1.81 and 51.4% below the Utilities - Independent Power Producers industry median of 6.15. Upper Tamakoshi Hydropower's overall GF Score™ is 57/100 with 4 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 Upper Tamakoshi Hydropower (XNEP:UPPER), the current ROC (Joel Greenblatt) % is 2.99% 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 Upper Tamakoshi Hydropower (XNEP:UPPER) Overvalued in 2026?
Based on GuruFocus' analysis, Upper Tamakoshi Hydropower stock appears to be undervalued.
The current stock price of NPR193.50 is trading 18.9% below its estimated GF Value™ of NPR238.51.
GuruFocus considers Upper Tamakoshi Hydropower to be Modestly Undervalued.
Key valuation signals for XNEP:UPPER:
ROC (Joel Greenblatt) %: 2.99% (65% above median its 10-year median of 1.81)
GF Value™: NPR238.51 vs. price of NPR193.50 (18.9% below fair value)
Industry Position: 51.4% below the Utilities - Independent Power Producers median (#211 of 444)
No single metric tells the full story. See the XNEP:UPPER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Upper Tamakoshi Hydropower Ltd operates in the utilities sector in Nepal. Its main line of business involves the development of hydropower projects, including detailed feasibility, construction, and operation. The company has developed and is developing the following hydropower projects in the Tamakoshi River basin as follows: the Upper Tamakoshi Hydroelectric Project (UTKHEP), a 456 MW plant already under operation; the Rolwaling Khola Hydroelectric Project; and the diversion of the Rolwaling River to the UTKHEP intake pond. It is engaged in only one business activity: the generation and sale of electricity.
57GF Score
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