ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Adani Enterprises's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 0.00%.
As of today (2026-06-30), Adani Enterprises's WACC % is 12.95%. Adani Enterprises's ROC % is 2.82% (calculated using TTM income statement data).
Adani Enterprises earns returns that do not match up to its cost of capital. It will destroy value as it grows.
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, Adani Enterprises's WACC % is 12.95%. Adani Enterprises's ROC % is 2.82% (calculated using TTM income statement data).
Adani Enterprises 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.
Adani Enterprises ROC % Related Terms
Adani Enterprises ROC % Historical Data
* Premium members only.
The historical data trend for Adani Enterprises'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.
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) 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.
Adani Enterprises (NSE:ADANIENT) has a ROC % of 0.00% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Adani Enterprises and its competitors.
Is Adani Enterprises' ROC % too high?
Adani Enterprises' current ROC % is 0.00%. Overall, Adani Enterprises has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adani Enterprises' ROC % compare to competitors?
Adani Enterprises' ROC % of 0.00% can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for an Other Energy Sources company?
A good ROC % depends on the Other Energy Sources industry context. 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 Adani Enterprises and its competitors. Adani Enterprises'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 Adani Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Adani Enterprises (NSE:ADANIENT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹2,513.85, compared to a current price of ₹2,962.50 — trading 17.8% above its estimated fair value. The current ROC % is 0.00%. Adani Enterprises' overall GF Score™ is 79/100 with 11 warning signs to review. 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 Adani Enterprises (NSE:ADANIENT), the current ROC % is 0.00% 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 Adani Enterprises (NSE:ADANIENT) Overvalued in 2026?
Based on GuruFocus' analysis, Adani Enterprises stock appears to be overvalued.
The current stock price of ₹2,962.50 is trading 17.8% above its estimated GF Value™ of ₹2,513.85.
GuruFocus considers Adani Enterprises to be Modestly Overvalued.
Key valuation signals for NSE:ADANIENT:
ROC %: 0.00%
GF Value™: ₹2,513.85 vs. price of ₹2,962.50 (17.8% above fair value)
No single metric tells the full story. See the NSE:ADANIENT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adani Enterprises Ltd is in the business of integrated resources management, mining services and other trading activities. The company operates as an incubator, establishing new businesses in various areas like new energy ecosystem, data center, airports, roads, copper, PVC and others. It is engaged inter-alia in the business of integrated resources management and provides end-toend procurement and logistics services. It purchases, handles and sells different products like coal, copper and its related products, and other materials as part of its business activities. It has eight segments Integrated Resources Management, Mining Services, Commercial Mining, New Energy Ecosystem, Airport, Road, Copper, and Others. It generates majority of revenue from Integrated Resources Management segment.
79GF Score
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