Marshall Machines (NSE:MARSHALL) ROC %: -6.24% (As of Mar. 2024)


NSE:MARSHALL Marshall Machines Ltd NSE:MARSHALL
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What is Marshall Machines ROC %?

Marshall Machines NSE:MARSHALL 4 ROC % is -6.24% as of Mar. 2024. GuruFocus rates NSE:MARSHALL with a GF Score™ of 4/100.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Marshall Machines's annualized return on capital (ROC %) for the quarter that ended in Mar. 2024 was -6.24%.

As of today (2026-07-12), Marshall Machines's WACC % is 0.00%. Marshall Machines's ROC % is 0.00% (calculated using TTM income statement data). Marshall Machines earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Marshall Machines  (NSE:MARSHALL) 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, Marshall Machines's WACC % is 0.00%. Marshall Machines's ROC % is 0.00% (calculated using TTM income statement data). Marshall Machines 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.


Marshall Machines ROC % Related Terms


Marshall Machines ROC % Historical Data

* Premium members only.

The historical data trend for Marshall Machines'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.

Marshall Machines ROC % Chart

Marshall Machines Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.30 2.63 0.52 -6.77 -4.72

Marshall Machines Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 3.09 -4.77 -8.58 -3.35 -6.24
NSE:MARSHALL
4GF Score
Marshall Machines Ltd NSE:MARSHALL
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Marshall Machines ROC % Calculation

Marshall Machines'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 )
=-70.243 * ( 1 - 24.72% )/( (1017.8 + 1221.102)/ 2 )
=-52.8789304/1119.451
=-4.72 %

where

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))
=1563.156 - 337.839 - ( 4.215 - max(0, 651.792 - 941.885+4.215))
=1221.102

Marshall Machines'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: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-97.364 * ( 1 - 29.45% )/( (981.761 + 1221.102)/ 2 )
=-68.690302/1101.4315
=-6.24 %

where

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))
=1563.156 - 337.839 - ( 4.215 - max(0, 651.792 - 941.885+4.215))
=1221.102

Note: The Operating Income data used here is two times the semi-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 -6.24% mean?
Marshall Machines (NSE:MARSHALL) has a ROC % of -6.24% as of Mar. 2024. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Marshall Machines and its competitors.
Is Marshall Machines' ROC % too high?
Marshall Machines' current ROC % is -6.24%. Overall, Marshall Machines has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Marshall Machines' ROC % compare to ETN and PH?
Marshall Machines' ROC % of -6.24% can be compared against companies in the Industrial Products industry. The industry median ROC % is 5.17. 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 5.17, based on 3,034 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 Marshall Machines and its competitors. For the Industrial Products industry, the median ROC % is 5.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marshall Machines's current ROC % is -6.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marshall Machines stock overvalued right now?
Marshall Machines (NSE:MARSHALL) has a current ROC % of -6.24%. The current ROC % is -6.24%. Marshall Machines' overall GF Score™ is 4/100. 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 Marshall Machines (NSE:MARSHALL), the current ROC % is -6.24% 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.

Marshall Machines Business Description

Address C 86, Phase-V, Focal Point, Ludhiana, PB, IND, 141010
Marshall Machines Ltd is an India based company is engaged in the business of developing, manufacturing and marketing of Machine Tool Equipment including wide range of single spindle, patented double and four spindle CNC machines, automated robotic solutions and patent pending IoTQ suite of intelligent equipment. Its products and services are offered to a wide range of industries including manufacturers of Axles, Crankshafts, Auto Parts, Fans, Pumps, Bearings, Gear Blanks, and Bushes among others. The company sells its products in India and also exports it to other countries, of which key revenue is generated from sales made within the country.
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