Chetana Education (NSE:CHETANA) ROC %: 20.30% (As of Mar. 2024)

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NSE:CHETANA Chetana Education Ltd NSE:CHETANA
19 GF Score
Price ₹43.35
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What is Chetana Education ROC %?

Chetana Education NSE:CHETANA 19 ROC % is 20.30% as of Mar. 2024. GuruFocus rates NSE:CHETANA with a GF Score™ of 19/100.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Chetana Education's annualized return on capital (ROC %) for the quarter that ended in Mar. 2024 was 20.30%.

As of today (2026-08-26), Chetana Education's WACC % is 0.00%. Chetana Education's ROC % is 0.00% (calculated using TTM income statement data). Chetana Education earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Chetana Education  (NSE:CHETANA) 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, Chetana Education's WACC % is 0.00%. Chetana Education's ROC % is 0.00% (calculated using TTM income statement data). Chetana Education 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.


Chetana Education ROC % Related Terms


Chetana Education ROC % Historical Data

* Premium members only.

The historical data trend for Chetana Education'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.

Chetana Education ROC % Chart

Chetana Education Annual Data
Trend Mar22 Mar23 Mar24
ROC %
5.82 13.41 20.30

Chetana Education Semi-Annual Data
Mar22 Mar23 Mar24
ROC % 5.82 13.41 20.30
NSE:CHETANA
19GF Score
Chetana Education Ltd NSE:CHETANA
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chetana Education ROC % Calculation

Chetana Education'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 )
=204.879 * ( 1 - 29.18% )/( (682.165 + 747.388)/ 2 )
=145.0953078/714.7765
=20.30 %

where

Invested Capital(A: Mar. 2023 )
=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))
=831.508 - 118.44 - ( 30.903 - max(0, 530.281 - 806.425+30.903))
=682.165

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))
=947.509 - 150.227 - ( 49.894 - max(0, 604.278 - 926.235+49.894))
=747.388

Chetana Education'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 )
=204.879 * ( 1 - 29.18% )/( (682.165 + 747.388)/ 2 )
=145.0953078/714.7765
=20.30 %

where

Invested Capital(Q: Mar. 2023 )
=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))
=831.508 - 118.44 - ( 30.903 - max(0, 530.281 - 806.425+30.903))
=682.165

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))
=947.509 - 150.227 - ( 49.894 - max(0, 604.278 - 926.235+49.894))
=747.388

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 20.30% mean?
Chetana Education (NSE:CHETANA) has a ROC % of 20.30% as of Mar. 2024. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Chetana Education and its competitors.
Is Chetana Education's ROC % too high?
Chetana Education's current ROC % is 20.30%. The Media - Diversified industry median ROC % is 1.90. Chetana Education's value of 20.30% is 968.4% above this industry median. Overall, Chetana Education has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Chetana Education's ROC % compare to NYT?
Chetana Education's ROC % of 20.30% can be compared against companies in the Media - Diversified industry. The industry median ROC % is 1.90. Chetana Education's value of 20.30% is 968.4% 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 Media - Diversified company?
The median ROC % among Media - Diversified companies is 1.90, based on 1,007 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. Chetana Education's current ROC % of 20.30% is 968.4% 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 Chetana Education and its competitors. For the Media - Diversified industry, the median ROC % is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chetana Education's current ROC % is 20.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chetana Education stock overvalued right now?
Chetana Education (NSE:CHETANA) has a current ROC % of 20.30%. The current ROC % is 20.30% and 968.4% above the Media - Diversified industry median of 1.90. Chetana Education's overall GF Score™ is 19/100. 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 Chetana Education (NSE:CHETANA), the current ROC % is 20.30% 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.

Chetana Education Business Description

Address Delisle Road, 401, E-Wing, B & C Block, Trade Link, Kamala Mill, Mumbai, MH, IND, 400013
Chetana Education Ltd is a content-based company, engaged in educational book publishing for the CBSE/State Board curriculum catering to the K-12 segment. It provide access to educational software for learning videos (for teachers and Students) accessible through QR (Quick Response) codes. The company is focus on serving the Maharashtra State Board and Central Board of Secondary Education (CBSE), covering the spectrum of education books from early pre-primary learning to K12 course.
19GF Score

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