Cox & Kings Financial Service (NSE:CKFSL) ROC %: -2,450.24% (As of Mar. 2021)

What is Cox & Kings Financial Service ROC %?

Cox & Kings Financial Service NSE:CKFSL ROC % is -2,450.24% as of Mar. 2021.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Cox & Kings Financial Service's annualized return on capital (ROC %) for the quarter that ended in Mar. 2021 was -2,450.24%.

As of today (2026-06-27), Cox & Kings Financial Service's WACC % is 0.00%. Cox & Kings Financial Service's ROC % is 0.00% (calculated using TTM income statement data). Cox & Kings Financial Service earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Cox & Kings Financial Service (NSE:CKFSL) 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, Cox & Kings Financial Service's WACC % is 0.00%. Cox & Kings Financial Service's ROC % is 0.00% (calculated using TTM income statement data). Cox & Kings Financial Service 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.

Cox & Kings Financial Service ROC % Related Terms

Cox & Kings Financial Service ROC % Historical Data

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The historical data trend for Cox & Kings Financial Service'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.

Cox & Kings Financial Service ROC % Chart

Cox & Kings Financial Service Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

ROC %

4.92

0.77

-225.98

-2,605.26

Cox & Kings Financial Service Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
ROC %	Get a 7-Day Free Trial								-84,618.01	-2,756.40	-37,626.67	-35,013.33	-2,450.24

Cox & Kings Financial Service ROC % Calculation

Cox & Kings Financial Service's annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2021 is calculated as:

	ROC % (A: Mar. 2021 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Mar. 2020 )	+	Invested Capital (A: Mar. 2021 ))	/ count )
=	-544.5 * ( 1 - 0% )	/	( (21.1	+	20.7)	/ 2 )
=	-544.5	/	20.9
=	-2,605.26 %

where

	Invested Capital		(A: Mar. 2020 )
=	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	))
=	2.4	-	293.1	-	( 0.5	-	max(0, 312.5	-	0.7	+	0.5	))
=	21.1

	Invested Capital		(A: Mar. 2021 )
=	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	))
=	1.9	-	293.1	-	( 0.6	-	max(0, 312.5	-	0.6	+	0.6	))
=	20.7

Cox & Kings Financial Service's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2021 is calculated as:

	ROC % (Q: Mar. 2021 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2020 )	+	Invested Capital (Q: Mar. 2021 ))	/ count )
=	-507.2 * ( 1 - 0% )	/	( (0	+	20.7)	/ 1 )
=	-507.2	/	20.7
=	-2,450.24 %

where

	Invested Capital		(Q: Dec. 2020 )
=	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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	Invested Capital		(Q: Mar. 2021 )
=	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	))
=	1.9	-	293.1	-	( 0.6	-	max(0, 312.5	-	0.6	+	0.6	))
=	20.7

Note: The Operating Income data used here is four times the quarterly (Mar. 2021) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -2,450.24% mean?

Cox & Kings Financial Service (NSE:CKFSL) has a ROC % of -2,450.24% as of Mar. 2021. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Cox & Kings Financial Service and its competitors.

Is Cox & Kings Financial Service's ROC % too high?

Cox & Kings Financial Service's current ROC % is -2,450.24%.

How does Cox & Kings Financial Service's ROC % compare to competitors?

Cox & Kings Financial Service's ROC % of -2,450.24% can be compared against companies in the Credit Services industry. The industry median ROC % is 1.98. 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 Credit Services company?

The median ROC % among Credit Services companies is 1.98, based on 417 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 Cox & Kings Financial Service and its competitors. For the Credit Services industry, the median ROC % is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cox & Kings Financial Service's current ROC % is -2,450.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Cox & Kings Financial Service stock overvalued right now?

Cox & Kings Financial Service (NSE:CKFSL) has a current ROC % of -2,450.24%. The current ROC % is -2,450.24%. 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 Cox & Kings Financial Service (NSE:CKFSL), the current ROC % is -2,450.24% as of Mar. 2021. 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.

Cox & Kings Financial Service Business Description

Industry Financial Services Credit Services

Comparable Companies BOM:539495 BOM:530469 BOM:539266 BOM:511756 BOM:531509 BOM:523209 BOM:530765 BOM:539486 WAR:MRK BOM:531051

Address Off. Andheri Kurla Link Road, Marol Makwana Road, 1st Floor, Vaman Centre, Andheri (East), Mumbai, MH, IND, 400001

Website https://www.ckfsl.com

Cox & Kings Financial Service Ltd is an Indian based company proposes to carry on Foreign Exchange Business, Holiday Financing, Student Loan Financing and Other Non-Banking Financial Service Activities.