ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Asahi India Glass's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 9.43%.
As of today (2026-07-10), Asahi India Glass's WACC % is 12.58%. Asahi India Glass's ROC % is 7.91% (calculated using TTM income statement data).
Asahi India Glass earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Asahi India Glass (NSE:ASAHIINDIA) 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, Asahi India Glass's WACC % is 12.58%. Asahi India Glass's ROC % is 7.91% (calculated using TTM income statement data).
Asahi India Glass 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.
Asahi India Glass ROC % Related Terms
Asahi India Glass ROC % Historical Data
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The historical data trend for Asahi India Glass'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.
Asahi India Glass (NSE:ASAHIINDIA) has a ROC % of 9.43% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Asahi India Glass and its competitors.
Is Asahi India Glass' ROC % too high?
Asahi India Glass' current ROC % is 9.43%. The Vehicles & Parts industry median ROC % is 5.09. Asahi India Glass' value of 9.43% is 85.3% above this industry median. Overall, Asahi India Glass has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi India Glass' ROC % compare to ORLY and AZO?
Asahi India Glass' ROC % of 9.43% can be compared against companies in the Vehicles & Parts industry. The industry median ROC % is 5.09. Asahi India Glass' value of 9.43% is 85.3% above 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 Vehicles & Parts company?
The median ROC % among Vehicles & Parts companies is 5.09, based on 1,311 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. Asahi India Glass's current ROC % of 9.43% is 85.3% 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 % 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 Asahi India Glass and its competitors. For the Vehicles & Parts industry, the median ROC % is 5.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi India Glass's current ROC % is 9.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi India Glass stock overvalued right now?
Based on GuruFocus' analysis, Asahi India Glass (NSE:ASAHIINDIA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹746.93, compared to a current price of ₹914.90 — trading 22.5% above its estimated fair value. The current ROC % is 9.43% and 85.3% above the Vehicles & Parts industry median of 5.09. Asahi India Glass' overall GF Score™ is 78/100 with 5 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 Asahi India Glass (NSE:ASAHIINDIA), the current ROC % is 9.43% 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 Asahi India Glass (NSE:ASAHIINDIA) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi India Glass stock appears to be overvalued.
The current stock price of ₹914.90 is trading 22.5% above its estimated GF Value™ of ₹746.93.
GuruFocus considers Asahi India Glass to be Modestly Overvalued.
Key valuation signals for NSE:ASAHIINDIA:
ROC %: 9.43%
GF Value™: ₹746.93 vs. price of ₹914.90 (22.5% above fair value)
Industry Position: 85.3% above the Vehicles & Parts median
No single metric tells the full story. See the NSE:ASAHIINDIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahi India Glass Ltd is a manufacturer of glass products and solutions. The company offers automotive glass products, architectural glass products, windshield repair and replacement services in India, commercial and private-living glass solutions, glass integration and installation services, and special-purpose glass solutions such as noise-canceling windows, energy-saving windows, and safety glasses. The Group has three segments namely a) Automotive, b) Building and Construction (Architectural), and c) Consumer Glass. Asahi India Glass business segment by revenue, automotive glass products, produces various glass windshields and integrated products and solutions, such as rain-sensor windshields, heated windshields, and other related products.
78GF Score
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ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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