Harig Crankshafts (BOM:500178) ROCE %: 0.00% (As of . 20)

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BOM:500178 Harig Crankshafts Ltd BOM:500178
19 GF Score
Price ₹12.16
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What is Harig Crankshafts ROCE %?

Harig Crankshafts BOM:500178 19 ROCE % is 0.00% as of . 20. GuruFocus rates BOM:500178 with a GF Score™ of 19/100.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Harig Crankshafts's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Harig Crankshafts  (BOM:500178) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Harig Crankshafts ROCE % Related Terms

Harig Crankshafts ROCE % Historical Data

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The historical data trend for Harig Crankshafts's ROCE % 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.

Harig Crankshafts ROCE % Chart

Harig Crankshafts Annual Data
Trend
ROCE %

Harig Crankshafts Semi-Annual Data
ROCE %
BOM:500178
19GF Score
Harig Crankshafts Ltd BOM:500178
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Harig Crankshafts ROCE % Calculation

Harig Crankshafts's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Harig Crankshafts's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( ( + )/ )
=/
= %

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.00% mean?
Harig Crankshafts (BOM:500178) has a ROCE % of 0.00% as of . 20.
Is Harig Crankshafts' ROCE % too high?
Harig Crankshafts' current ROCE % is 0.00%. Overall, Harig Crankshafts has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Harig Crankshafts' ROCE % compare to CRS and ATI?
Harig Crankshafts' ROCE % of 0.00% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.08. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.08, based on 3,028 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harig Crankshafts's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harig Crankshafts stock overvalued right now?
Harig Crankshafts (BOM:500178) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Harig Crankshafts' overall GF Score™ is 19/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Harig Crankshafts (BOM:500178), the current ROCE % is 0.00% as of . 20. 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.

Harig Crankshafts Business Description

Address Plot No. 66, Udyog Vihar, Gautam Budh Nagar, Greater Noida, Noida, UP, IND, 201305
Harig Crankshafts Ltd is engaged in the manufacturing and sale of auto ancillary products in India. It mainly manufactures forged and machined crankshafts, stub axles, and other automotive parts.
19GF Score

Get the complete analysis for BOM:500178

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

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