Jupiter Wagons (NSE:JWL) ROC %: 4.22% (As of Mar. 2026)


NSE:JWL Jupiter Wagons Ltd NSE:JWL
82 GF Score
Price ₹269.10
GF Value ₹304.18
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Jupiter Wagons ROC %?

Jupiter Wagons NSE:JWL +2.34% 82 ROC % is 4.22% as of Mar. 2026. GuruFocus rates NSE:JWL with a GF Score™ of 82/100 and a GF Value™ of ₹304.18 (Modestly Undervalued). The stock has 7 warning signs 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 %. Jupiter Wagons's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 4.22%.

As of today (2026-06-30), Jupiter Wagons's WACC % is 12.04%. Jupiter Wagons's ROC % is 6.29% (calculated using TTM income statement data). Jupiter Wagons earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Jupiter Wagons  (NSE:JWL) 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, Jupiter Wagons's WACC % is 12.04%. Jupiter Wagons's ROC % is 6.29% (calculated using TTM income statement data). Jupiter Wagons 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.


Jupiter Wagons ROC % Related Terms


Jupiter Wagons ROC % Historical Data

* Premium members only.

The historical data trend for Jupiter Wagons'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.

Jupiter Wagons ROC % Chart

Jupiter Wagons Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.23 12.48 20.30 16.39 6.21

Jupiter Wagons Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.79 4.39 7.53 9.23 4.22
NSE:JWL
82GF Score
Jupiter Wagons Ltd NSE:JWL
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Jupiter Wagons ROC % Calculation

Jupiter Wagons'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 )
=2955.171 * ( 1 - 32.26% )/( (28104.338 + 36412.597)/ 2 )
=2001.8328354/32258.4675
=6.21 %

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))
=39991.117 - 4649.004 - ( 7237.775 - max(0, 11606.296 - 25578.712+7237.775))
=28104.338

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))
=47124.6 - 3979.237 - ( 6732.766 - max(0, 13545.993 - 27090.268+6732.766))
=36412.597

Jupiter Wagons'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: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=2619.444 * ( 1 - 41.29% )/( (0 + 36412.597)/ 1 )
=1537.8755724/36412.597
=4.22 %

where

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))
=47124.6 - 3979.237 - ( 6732.766 - max(0, 13545.993 - 27090.268+6732.766))
=36412.597

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 4.22% mean?
Jupiter Wagons (NSE:JWL) has a ROC % of 4.22% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Jupiter Wagons and its competitors.
Is Jupiter Wagons' ROC % too high?
Jupiter Wagons' current ROC % is 4.22%. The Transportation industry median ROC % is 4.69. Jupiter Wagons' value of 4.22% is 10% below this industry median. Overall, Jupiter Wagons has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jupiter Wagons' ROC % compare to UNP and CSX?
Jupiter Wagons' ROC % of 4.22% can be compared against companies in the Transportation industry. The industry median ROC % is 4.69. Jupiter Wagons' value of 4.22% is 10% below 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 Transportation company?
The median ROC % among Transportation companies is 4.69, based on 986 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. Jupiter Wagons's current ROC % of 4.22% is 10% below 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 Jupiter Wagons and its competitors. For the Transportation industry, the median ROC % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jupiter Wagons's current ROC % is 4.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jupiter Wagons stock overvalued right now?
Based on GuruFocus' analysis, Jupiter Wagons (NSE:JWL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹304.18, compared to a current price of ₹269.10 — trading 11.5% below its estimated fair value. The current ROC % is 4.22% and 10% below the Transportation industry median of 4.69. Jupiter Wagons' overall GF Score™ is 82/100 with 7 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 Jupiter Wagons (NSE:JWL), the current ROC % is 4.22% 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 Jupiter Wagons (NSE:JWL) Overvalued in 2026?

Based on GuruFocus' analysis, Jupiter Wagons stock appears to be undervalued. The current stock price of ₹269.10 is trading 11.5% below its estimated GF Value™ of ₹304.18. GuruFocus considers Jupiter Wagons to be Modestly Undervalued.

Key valuation signals for NSE:JWL:

  • ROC %: 4.22%
  • GF Value™: ₹304.18 vs. price of ₹269.10 (11.5% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 10% below the Transportation median

No single metric tells the full story. See the NSE:JWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jupiter Wagons Business Description

Other Exchanges 533272:India
Address 4/2 Middleton Street, Kolkata, WB, IND, 700071
Jupiter Wagons Ltd is a manufacturer of railway wagons, passenger coaches, wagon components, and castings in India and is counted among the respected manufacturers of advanced railway transportation equipment across the world. Geographically, it generates the majority of its revenue from India.
82GF Score

Get the complete analysis for NSE:JWL

ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹269.10
Price
₹304.18
GF Value