Aatmaj Healthcare (NSE:AATMAJ) ROC %: 3.09% (As of Mar. 2024)

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.

NSE:AATMAJ Aatmaj Healthcare Ltd NSE:AATMAJ
24 GF Score
Price ₹18.50
View Full Analysis

What is Aatmaj Healthcare ROC %?

Aatmaj Healthcare NSE:AATMAJ 24 ROC % is 3.09% as of Mar. 2024. GuruFocus rates NSE:AATMAJ with a GF Score™ of 24/100.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Aatmaj Healthcare's annualized return on capital (ROC %) for the quarter that ended in Mar. 2024 was 3.09%.

As of today (2026-07-30), Aatmaj Healthcare's WACC % is 0.00%. Aatmaj Healthcare's ROC % is 0.00% (calculated using TTM income statement data). Aatmaj Healthcare earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Aatmaj Healthcare  (NSE:AATMAJ) 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, Aatmaj Healthcare's WACC % is 0.00%. Aatmaj Healthcare's ROC % is 0.00% (calculated using TTM income statement data). Aatmaj Healthcare 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.


Aatmaj Healthcare ROC % Related Terms


Aatmaj Healthcare ROC % Historical Data

* Premium members only.

The historical data trend for Aatmaj Healthcare'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.

Aatmaj Healthcare ROC % Chart

Aatmaj Healthcare Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROC %
3.11 46.13 38.20 29.38 3.09

Aatmaj Healthcare Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
ROC % 3.11 46.13 38.20 29.38 3.09
NSE:AATMAJ
24GF Score
Aatmaj Healthcare Ltd NSE:AATMAJ
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aatmaj Healthcare ROC % Calculation

Aatmaj Healthcare's annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2024 is calculated as:

ROC % (A: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2023 ) + Invested Capital (A: Mar. 2024 ))/ count )
=17.45 * ( 1 - 34.4% )/( (285.708 + 455.547)/ 2 )
=11.4472/370.6275
=3.09 %

where

Invested Capital(A: Mar. 2024 )
=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))
=576.84 - 13.201 - ( 108.092 - max(0, 61.483 - 395.052+108.092))
=455.547

Aatmaj Healthcare's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=17.45 * ( 1 - 34.4% )/( (285.708 + 455.547)/ 2 )
=11.4472/370.6275
=3.09 %

where

Invested Capital(Q: Mar. 2024 )
=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))
=576.84 - 13.201 - ( 108.092 - max(0, 61.483 - 395.052+108.092))
=455.547

Note: The Operating Income data used here is one times the annual (Mar. 2024) 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 3.09% mean?
Aatmaj Healthcare (NSE:AATMAJ) has a ROC % of 3.09% as of Mar. 2024. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Aatmaj Healthcare and its competitors.
Is Aatmaj Healthcare's ROC % too high?
Aatmaj Healthcare's current ROC % is 3.09%. The Healthcare Providers & Services industry median ROC % is 3.15. Aatmaj Healthcare's value of 3.09% is 1.9% below this industry median. Overall, Aatmaj Healthcare has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Aatmaj Healthcare's ROC % compare to HCA and THC?
Aatmaj Healthcare's ROC % of 3.09% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROC % is 3.15. Aatmaj Healthcare's value of 3.09% is 1.9% below this benchmark. 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 Healthcare Providers & Services company?
The median ROC % among Healthcare Providers & Services companies is 3.15, based on 667 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. Aatmaj Healthcare's current ROC % of 3.09% is 1.9% 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 % 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 Aatmaj Healthcare and its competitors. For the Healthcare Providers & Services industry, the median ROC % is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aatmaj Healthcare's current ROC % is 3.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aatmaj Healthcare stock overvalued right now?
Aatmaj Healthcare (NSE:AATMAJ) has a current ROC % of 3.09%. The current ROC % is 3.09% and 1.9% below the Healthcare Providers & Services industry median of 3.15. Aatmaj Healthcare's overall GF Score™ is 24/100. 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 Aatmaj Healthcare (NSE:AATMAJ), the current ROC % is 3.09% as of Mar. 2024. 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.

Aatmaj Healthcare Business Description

Address Sunpharma Ataladra Road, Jupiter Hospital, Opposite ICAI Bhavan, Vadodara, GJ, IND, 390012
Aatmaj Healthcare Ltd is engaged in healthcare services and running a multi-specialty hospital at various places. It has a team of medical practitioners who ensure that patients get quality healthcare services. It offers services such as Trauma Center, Ambulance, and Others.
24GF Score

Get the complete analysis for NSE:AATMAJ

ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹18.50
Price