ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Sandur Manganese And Iron Ores's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 24.02%.
As of today (2026-06-29), Sandur Manganese And Iron Ores's WACC % is 20.93%. Sandur Manganese And Iron Ores's ROC % is 17.37% (calculated using TTM income statement data).
Sandur Manganese And Iron Ores earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Sandur Manganese And Iron Ores (NSE:SANDUMA) 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, Sandur Manganese And Iron Ores's WACC % is 20.93%. Sandur Manganese And Iron Ores's ROC % is 17.37% (calculated using TTM income statement data).
Sandur Manganese And Iron Ores 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.
Sandur Manganese And Iron Ores ROC % Related Terms
Sandur Manganese And Iron Ores ROC % Historical Data
* 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.
Sandur Manganese And Iron Ores (NSE:SANDUMA) has a ROC % of 24.02% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Sandur Manganese And Iron Ores and its competitors.
Is Sandur Manganese And Iron Ores' ROC % too high?
Sandur Manganese And Iron Ores' current ROC % is 24.02%. The Steel industry median ROC % is 2.51. Sandur Manganese And Iron Ores' value of 24.02% is 858.9% above this industry median. Overall, Sandur Manganese And Iron Ores has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sandur Manganese And Iron Ores' ROC % compare to NUE and STLD?
Sandur Manganese And Iron Ores' ROC % of 24.02% can be compared against companies in the Steel industry. The industry median ROC % is 2.51. Sandur Manganese And Iron Ores' value of 24.02% is 858.9% 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 a Steel company?
The median ROC % among Steel companies is 2.51, based on 622 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. Sandur Manganese And Iron Ores's current ROC % of 24.02% is 858.9% 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 Sandur Manganese And Iron Ores and its competitors. For the Steel industry, the median ROC % is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sandur Manganese And Iron Ores's current ROC % is 24.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandur Manganese And Iron Ores stock overvalued right now?
Based on GuruFocus' analysis, Sandur Manganese And Iron Ores (NSE:SANDUMA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹300.34, compared to a current price of ₹207.03 — trading 31.1% below its estimated fair value. The current ROC % is 24.02% and 858.9% above the Steel industry median of 2.51. Sandur Manganese And Iron Ores' overall GF Score™ is 74/100 with 3 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 Sandur Manganese And Iron Ores (NSE:SANDUMA), the current ROC % is 24.02% 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 Sandur Manganese And Iron Ores (NSE:SANDUMA) Overvalued in 2026?
Based on GuruFocus' analysis, Sandur Manganese And Iron Ores stock appears to be undervalued.
The current stock price of ₹207.03 is trading 31.1% below its estimated GF Value™ of ₹300.34.
GuruFocus considers Sandur Manganese And Iron Ores to be Significantly Undervalued.
Key valuation signals for NSE:SANDUMA:
ROC %: 24.02%
GF Value™: ₹300.34 vs. price of ₹207.03 (31.1% below fair value)
No single metric tells the full story. See the NSE:SANDUMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sandur Manganese And Iron Ores Business Description
Sandur Manganese And Iron Ores Ltd is a mining company. It is engaged in the mining of manganese and iron ores in Deogiri village of Sandur taluk, Ballari District, Karnataka. The Company is also engaged in the manufacture of ferroalloys, and coke and energy at Vyasanakere, Hosapete. Its operating segment includes Mining and Ferroalloys, and Coke and Energy. The company generates maximum revenue from the Mining segment. Geographically, it derives all of its revenue from within India.
74GF Score
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