Automotive Axles (BOM:505010) ROCE %: 26.10% (As of Mar. 2026)

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BOM:505010 Automotive Axles Ltd BOM:505010
74 GF Score
Price ₹1,810.35
GF Value ₹1,908.89
Valuation Fairly Valued
! 1 Warning Sign
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What is Automotive Axles ROCE %?

Automotive Axles BOM:505010 -0.09% 74 ROCE % is 26.10% as of Mar. 2026. GuruFocus rates BOM:505010 with a GF Score™ of 74/100 and a GF Value™ of ₹1,908.89 (Fairly Valued). The stock has 1 warning sign investors should review.

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. Automotive Axles's annualized ROCE % for the quarter that ended in Mar. 2026 was 26.10%.

Automotive Axles  (BOM:505010) 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.

Automotive Axles ROCE % Related Terms

Automotive Axles ROCE % Historical Data

* Premium members only.

The historical data trend for Automotive Axles'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.

Automotive Axles ROCE % Chart

Automotive Axles Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.63 30.83 26.77 22.48 20.92

Automotive Axles Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 25.01 19.43 18.92 20.15 26.10
BOM:505010
74GF Score
Automotive Axles Ltd BOM:505010
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Automotive Axles ROCE % Calculation

Automotive Axles's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=2211.42/( ( (13569.92 - 3580.07) + (15203.33 - 4053.93) )/ 2 )
=2211.42/( (9989.85+11149.4)/ 2 )
=2211.42/10569.625
=20.92 %

Automotive Axles's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=2909.72/( ( (0 - 0) + (15203.33 - 4053.93) )/ 1 )
=2909.72/( ( 0 + 11149.4 )/ 1 )
=2909.72/11149.4
=26.10 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) 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 26.10% mean?
Automotive Axles (BOM:505010) has a ROCE % of 26.10% as of Mar. 2026.
Is Automotive Axles' ROCE % too high?
Automotive Axles' current ROCE % is 26.10%. The Vehicles & Parts industry median ROCE % is 7.96. Automotive Axles' value of 26.10% is 227.9% above this industry median. Overall, Automotive Axles has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Automotive Axles' ROCE % compare to ORLY and AZO?
Automotive Axles' ROCE % of 26.10% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.96. Automotive Axles' value of 26.10% is 227.9% 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 ROCE % for a Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.96, based on 1,316 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. Automotive Axles's current ROCE % of 26.10% is 227.9% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median ROCE % is 7.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Automotive Axles's current ROCE % is 26.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Automotive Axles stock overvalued right now?
Based on GuruFocus' analysis, Automotive Axles (BOM:505010) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,908.89, compared to a current price of ₹1,810.35 — trading 5.2% below its estimated fair value. The current ROCE % is 26.10% and 227.9% above the Vehicles & Parts industry median of 7.96. Automotive Axles' overall GF Score™ is 74/100 with 1 warning sign to review. 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 Automotive Axles (BOM:505010), the current ROCE % is 26.10% 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 Automotive Axles (BOM:505010) Overvalued in 2026?

Based on GuruFocus' analysis, Automotive Axles stock appears to be undervalued. The current stock price of ₹1,810.35 is trading 5.2% below its estimated GF Value™ of ₹1,908.89. GuruFocus considers Automotive Axles to be Fairly Valued.

Key valuation signals for BOM:505010:

  • ROCE %: 26.10%
  • GF Value™: ₹1,908.89 vs. price of ₹1,810.35 (5.2% below fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 227.9% above the Vehicles & Parts median

No single metric tells the full story. See the BOM:505010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Automotive Axles Business Description

Other Exchanges AUTOAXLES:India
Address Off Hunsur Road, Hootagalli Indsutrial Area, Mysore, KA, IND, 570 018
Automotive Axles Ltd is an India-based company engaged in the manufacturing and sale of automotive components. The company manufactures rear drive axle assemblies in India. It manufactures Drive axles, Non-drive axles, Front steer axles, Specialty and defense axles, and Drum and disc brakes. These products are provided to the domestic and global manufacturers of trucks and buses pertaining to segments such as light, medium, and heavy commercial vehicles, military and off-highway vehicles, aftermarket, and exports. The company operates in India.
74GF Score

Get the complete analysis for BOM:505010

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

₹1,810.35
Price
₹1,908.89
GF Value