Credent Connect N Care (NSE:CREDENT) ROC %: 0.00% (As of Mar. 2026)

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NSE:CREDENT Credent Connect N Care Ltd NSE:CREDENT
14 GF Score
Price ₹349.10
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What is Credent Connect N Care ROC %?

Credent Connect N Care NSE:CREDENT -2.25% 14 ROC % is 0.00% as of Mar. 2026. GuruFocus rates NSE:CREDENT with a GF Score™ of 14/100. The stock has 1 warning sign investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Credent Connect N Care's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 0.00%.

As of today (2026-08-31), Credent Connect N Care's WACC % is 12.56%. Credent Connect N Care's ROC % is 0.00% (calculated using TTM income statement data). Credent Connect N Care earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Credent Connect N Care  (NSE:CREDENT) 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, Credent Connect N Care's WACC % is 12.56%. Credent Connect N Care's ROC % is 0.00% (calculated using TTM income statement data). Credent Connect N Care 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.


Credent Connect N Care ROC % Related Terms


Credent Connect N Care ROC % Historical Data

* Premium members only.

The historical data trend for Credent Connect N Care'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.

Credent Connect N Care ROC % Chart

Credent Connect N Care Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROC %
17.45 16.48 14.56 42.79

Credent Connect N Care Quarterly Data
Mar23 Mar24 Mar25 Sep25 Mar26
ROC % 0.00 0.00 0.00 0.00 0.00
NSE:CREDENT
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Credent Connect N Care Ltd NSE:CREDENT
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Credent Connect N Care ROC % Calculation

Credent Connect N Care's annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=257.4 * ( 1 - 24.99% )/( (233.639 + 668.736)/ 2 )
=193.07574/451.1875
=42.79 %

where

Invested Capital(A: Mar. 2025 )
=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))
=294.951 - 49.665 - ( 11.647 - max(0, 123.224 - 193.558+11.647))
=233.639

Invested Capital(A: Mar. 2026 )
=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))
=815.682 - 124.844 - ( 22.102 - max(0, 306.307 - 630.513+22.102))
=668.736

Credent Connect N Care's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=0 * ( 1 - % )/( (464.134 + 668.736)/ 2 )
=0/566.435
=0.00 %

where

Invested Capital(Q: Sep. 2025 )
=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))
=613.208 - 134.353 - ( 14.721 - max(0, 348.541 - 461.404+14.721))
=464.134

Invested Capital(Q: Mar. 2026 )
=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))
=815.682 - 124.844 - ( 22.102 - max(0, 306.307 - 630.513+22.102))
=668.736

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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 0.00% mean?
Credent Connect N Care (NSE:CREDENT) 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 Credent Connect N Care and its competitors.
Is Credent Connect N Care's ROC % too high?
Credent Connect N Care's current ROC % is 0.00%. Overall, Credent Connect N Care has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Credent Connect N Care's ROC % compare to MCK and COR?
Credent Connect N Care's ROC % of 0.00% can be compared against companies in the Medical Distribution industry. The industry median ROC % is 5.37. 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 Medical Distribution company?
The median ROC % among Medical Distribution companies is 5.37, based on 118 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 Credent Connect N Care and its competitors. For the Medical Distribution industry, the median ROC % is 5.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Credent Connect N Care'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 Credent Connect N Care stock overvalued right now?
Credent Connect N Care (NSE:CREDENT) has a current ROC % of 0.00%. The current ROC % is 0.00%. Credent Connect N Care's overall GF Score™ is 14/100 with 1 warning sign 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 Credent Connect N Care (NSE:CREDENT), 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.

Credent Connect N Care Business Description

Address Nimri Commercial Complex, B-3, Second Floor, Ashok Vihar, Phase-4, New Delhi, IND, 110 052
Credent Connect N Care Ltd is a healthcare services provider engaged in delivering integrated logistics, workforce solutions, and technology-enabled support to healthcare institutions across India. It provides comprehensive operational and logistics services to diagnostic laboratories, In Vitro Diagnostics (IVD) companies, pharmaceutical companies, clinics, and other healthcare enterprises. The company's offerings include home sample collection through trained phlebotomists; Operations & Supply Chain Services through stationed phlebotomy teams at laboratories and hospitals; deployment of skilled laboratory technicians and paramedical staff for internal operations; and specialized inter-state and intra-state logistics services. The majority of revenue is derived from Healthcare services.
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