Khoday India (BOM:507435) ROC %: 0.00% (As of Mar. 2017)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

What is Khoday India ROC %?

Khoday India BOM:507435 ROC % is 0.00% as of Mar. 2017.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Khoday India's annualized return on capital (ROC %) for the quarter that ended in Mar. 2017 was 0.00%.

As of today (2026-07-20), Khoday India's WACC % is 0.00%. Khoday India's ROC % is 0.00% (calculated using TTM income statement data). Khoday India earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Khoday India  (BOM:507435) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Khoday India's WACC % is 0.00%. Khoday India's ROC % is 0.00% (calculated using TTM income statement data). Khoday India earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Khoday India ROC % Related Terms

Khoday India ROC % Historical Data

* Premium members only.

The historical data trend for Khoday India's ROC % 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.

Khoday India ROC % Chart

Khoday India Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 9.06 -4.03 9.16 -1.50

Khoday India Quarterly Data
Mar10 Mar11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Mar17
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.56 50.89 4.88 -13.57 0.00

Khoday India ROC % Calculation

Khoday India's annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2017 is calculated as:

ROC % (A: Mar. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2016 ) + Invested Capital (A: Mar. 2017 ))/ count )
=-35.039 * ( 1 - 0% )/( (2394.278 + 2267.631)/ 2 )
=-35.039/2330.9545
=-1.50 %

where

Invested Capital(A: Mar. 2016 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3172.233 - 332.512 - ( 445.443 - max(0, 1493.853 - 2042.911+445.443))
=2394.278

Invested Capital(A: Mar. 2017 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2945.977 - 227.653 - ( 450.693 - max(0, 640.404 - 1873.713+450.693))
=2267.631

Khoday India's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2017 is calculated as:

ROC % (Q: Mar. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2016 ) + Invested Capital (Q: Mar. 2017 ))/ count )
=0 * ( 1 - 0% )/( (2394.278 + 2267.631)/ 2 )
=0/2330.9545
=0.00 %

where

Invested Capital(Q: Mar. 2016 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3172.233 - 332.512 - ( 445.443 - max(0, 1493.853 - 2042.911+445.443))
=2394.278

Invested Capital(Q: Mar. 2017 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2945.977 - 227.653 - ( 450.693 - max(0, 640.404 - 1873.713+450.693))
=2267.631

Note: The Operating Income data used here is four times the quarterly (Mar. 2017) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 0.00% mean?
Khoday India (BOM:507435) has a ROC % of 0.00% as of Mar. 2017. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Khoday India and its competitors.
Is Khoday India's ROC % too high?
Khoday India's current ROC % is 0.00%.
How does Khoday India's ROC % compare to EAST and WVVI?
Khoday India's ROC % of 0.00% can be compared against companies in the Beverages - Alcoholic industry. The industry median ROC % is 4.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Beverages - Alcoholic company?
The median ROC % among Beverages - Alcoholic companies is 4.85, based on 209 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Khoday India and its competitors. For the Beverages - Alcoholic industry, the median ROC % is 4.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khoday India's current ROC % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khoday India stock overvalued right now?
Khoday India (BOM:507435) has a current ROC % of 0.00%. The current ROC % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Khoday India (BOM:507435), the current ROC % is 0.00% as of Mar. 2017. 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.

Khoday India Business Description

Address Kanakapura Road, Brewery House, 7th Mile, Bangalore, KA, IND, 560062
Khoday India Ltd is engaged in wineries and distilleries business segment. The company's core business consists of distilling, brewing, malt sting, bottle manufacturing, and transportation. Its other activities include engineering, construction, hotelier, tours and travels, exports, agricultural products, chemicals, paper manufacture, diamonds and jewelry crafting, computer software, tissue culture, financial services, and pharmaceuticals. The company operates in various segments that include Liquor, Glass, Contract, Systems, and Realty. The Liquor segment generates the majority of the revenue for the company. Its Liquor segments consist of brandy, whiskey, malt whiskey, and white rum.