ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Sportking India's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 11.52%.
As of today (2026-06-29), Sportking India's WACC % is 13.22%. Sportking India's ROC % is 8.72% (calculated using TTM income statement data).
Sportking India earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Sportking India (NSE:SPORTKING) 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, Sportking India's WACC % is 13.22%. Sportking India's ROC % is 8.72% (calculated using TTM income statement data).
Sportking India 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.
Sportking India ROC % Related Terms
Sportking India ROC % Historical Data
* Premium members only.
The historical data trend for Sportking India'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.
Sportking India (NSE:SPORTKING) has a ROC % of 11.52% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Sportking India and its competitors.
Is Sportking India's ROC % too high?
Sportking India's current ROC % is 11.52%. The Manufacturing - Apparel & Accessories industry median ROC % is 2.91. Sportking India's value of 11.52% is 295.9% above this industry median. Overall, Sportking India has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sportking India's ROC % compare to competitors?
Sportking India's ROC % of 11.52% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROC % is 2.91. Sportking India's value of 11.52% is 295.9% 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 Manufacturing - Apparel & Accessories company?
The median ROC % among Manufacturing - Apparel & Accessories companies is 2.91, based on 1,047 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. Sportking India's current ROC % of 11.52% is 295.9% 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 Sportking India and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC % is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sportking India's current ROC % is 11.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sportking India stock overvalued right now?
Based on GuruFocus' analysis, Sportking India (NSE:SPORTKING) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹101.18, compared to a current price of ₹178.09 — trading 76% above its estimated fair value. The current ROC % is 11.52% and 295.9% above the Manufacturing - Apparel & Accessories industry median of 2.91. Sportking India's overall GF Score™ is 64/100 with 8 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 Sportking India (NSE:SPORTKING), the current ROC % is 11.52% 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 Sportking India (NSE:SPORTKING) Overvalued in 2026?
Based on GuruFocus' analysis, Sportking India stock appears to be overvalued.
The current stock price of ₹178.09 is trading 76% above its estimated GF Value™ of ₹101.18.
GuruFocus considers Sportking India to be Significantly Overvalued.
Key valuation signals for NSE:SPORTKING:
ROC %: 11.52%
GF Value™: ₹101.18 vs. price of ₹178.09 (76% above fair value)
Industry Position: 295.9% above the Manufacturing - Apparel & Accessories median
No single metric tells the full story. See the NSE:SPORTKING stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sportking India Ltd is an India-based firm. The company is engaged in manufacturing, trading, and distribution of cotton fabrics, synthetic, blended yarns, and other related products. The company also offers knitted fabrics. The company provides its products through multi-brand channel outlets, through company-owned retail stores, as well as e-commerce stores. It operates in India as well as Outside India.
64GF Score
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ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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