ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Jash Engineering's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 31.26%.
As of today (2026-06-26), Jash Engineering's WACC % is 12.57%. Jash Engineering's ROC % is 11.49% (calculated using TTM income statement data).
Jash Engineering earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Jash Engineering (NSE:JASH) 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, Jash Engineering's WACC % is 12.57%. Jash Engineering's ROC % is 11.49% (calculated using TTM income statement data).
Jash Engineering 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.
Jash Engineering ROC % Related Terms
Jash Engineering ROC % Historical Data
* Premium members only.
The historical data trend for Jash Engineering'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.
Jash Engineering (NSE:JASH) has a ROC % of 31.26% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Jash Engineering and its competitors.
Is Jash Engineering's ROC % too high?
Jash Engineering's current ROC % is 31.26%. The Industrial Products industry median ROC % is 5.23. Jash Engineering's value of 31.26% is 498.3% above this industry median. Overall, Jash Engineering has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jash Engineering's ROC % compare to GEV and ETN?
Jash Engineering's ROC % of 31.26% can be compared against companies in the Industrial Products industry. The industry median ROC % is 5.23. Jash Engineering's value of 31.26% is 498.3% 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 an Industrial Products company?
The median ROC % among Industrial Products companies is 5.23, based on 3,040 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. Jash Engineering's current ROC % of 31.26% is 498.3% 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 Jash Engineering and its competitors. For the Industrial Products industry, the median ROC % is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jash Engineering's current ROC % is 31.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jash Engineering stock overvalued right now?
Based on GuruFocus' analysis, Jash Engineering (NSE:JASH) is currently considered Fairly Valued. The stock's GF Value™ is ₹602.29, compared to a current price of ₹550.30 — trading 8.6% below its estimated fair value. The current ROC % is 31.26% and 498.3% above the Industrial Products industry median of 5.23. Jash Engineering's overall GF Score™ is 94/100 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 Jash Engineering (NSE:JASH), the current ROC % is 31.26% 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 Jash Engineering (NSE:JASH) Overvalued in 2026?
Based on GuruFocus' analysis, Jash Engineering stock appears to be undervalued.
The current stock price of ₹550.30 is trading 8.6% below its estimated GF Value™ of ₹602.29.
GuruFocus considers Jash Engineering to be Fairly Valued.
Key valuation signals for NSE:JASH:
ROC %: 31.26%
GF Value™: ₹602.29 vs. price of ₹550.30 (8.6% below fair value)
Industry Position: 498.3% above the Industrial Products median
No single metric tells the full story. See the NSE:JASH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jash Engineering Ltd is an Indian company engaged in the manufacturing and trading of varied engineering products for the general engineering industry, water and wastewater industry, power plants, and bulk solids handling industry. The products of the company include water control gates, mechanized screening systems, screening conveying and washing systems, knife gate valves, water hammer control valves, energy dissipating valves, Archimedes screw pumps, micro-hydro turbines, clarifiers, clarifloculators, flash mixers, and others. Geographically, the company generates maximum revenue from its business outside India through exports, and the rest from its customers within India.
94GF Score
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