Eicher Motors (BOM:505200) ROCE %: 28.84% (As of Mar. 2026)

What is Eicher Motors ROCE %?

Eicher Motors BOM:505200 +1.21% 96 ROCE % is 28.84% as of Mar. 2026. GuruFocus rates BOM:505200 with a GF Score™ of 96/100 and a GF Value™ of ₹7,010.17 (Fairly Valued). The stock has 2 warning signs 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. Eicher Motors's annualized ROCE % for the quarter that ended in Mar. 2026 was 28.84%.

Eicher Motors (BOM:505200) 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.

Eicher Motors ROCE % Related Terms

Eicher Motors ROCE % Historical Data

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The historical data trend for Eicher Motors'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.

Eicher Motors ROCE % Chart

Eicher Motors Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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17.67

26.23

29.60

28.22

28.67

Eicher Motors 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															29.42	28.07	30.10	30.31	28.84

96GF Score

Eicher Motors Ltd BOM:505200

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Eicher Motors ROCE % Calculation

Eicher Motors'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 )
	=	71735.9	/	( ( (271744.1 - 42657.8)	+	(321635.6 - 50239.8) )	/ 2 )
	=	71735.9	/	( (229086.3	+	271395.8)	/ 2 )
	=	71735.9	/	250241.05
	=	28.67 %

Eicher Motors'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 )
	=	78282.4	/	( ( (0 - 0)	+	(321635.6 - 50239.8) )	/ 1 )
	=	78282.4	/	( ( 0	+	271395.8 )	/ 1 )
	=	78282.4	/	271395.8
	=	28.84 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 28.84% mean?

Eicher Motors (BOM:505200) has a ROCE % of 28.84% as of Mar. 2026.

Is Eicher Motors' ROCE % too high?

Eicher Motors' current ROCE % is 28.84%. The Vehicles & Parts industry median ROCE % is 7.94. Eicher Motors' value of 28.84% is 263.2% above this industry median. Overall, Eicher Motors has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Eicher Motors' ROCE % compare to TSLA and GM?

Eicher Motors' ROCE % of 28.84% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. Eicher Motors' value of 28.84% is 263.2% 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 7.94, based on 1,318 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. Eicher Motors's current ROCE % of 28.84% is 263.2% 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 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eicher Motors's current ROCE % is 28.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Eicher Motors stock overvalued right now?

Based on GuruFocus' analysis, Eicher Motors (BOM:505200) is currently considered Fairly Valued. The stock's GF Value™ is ₹7,010.17, compared to a current price of ₹7,340.10 — trading 4.7% above its estimated fair value. The current ROCE % is 28.84% and 263.2% above the Vehicles & Parts industry median of 7.94. Eicher Motors' overall GF Score™ is 96/100 with 2 warning signs 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 Eicher Motors (BOM:505200), the current ROCE % is 28.84% 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 Eicher Motors (BOM:505200) Overvalued in 2026?

Based on GuruFocus' analysis, Eicher Motors stock appears to be overvalued. The current stock price of ₹7,340.10 is trading 4.7% above its estimated GF Value™ of ₹7,010.17. GuruFocus considers Eicher Motors to be Fairly Valued.

Key valuation signals for BOM:505200:

ROCE %: 28.84%
GF Value™: ₹7,010.17 vs. price of ₹7,340.10 (4.7% above fair value)
GF Score™: 96/100 with 2 warning signs
Industry Position: 263.2% above the Vehicles & Parts median

No single metric tells the full story. See the BOM:505200 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Eicher Motors Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies BOM:532343 NSE:HYUNDAI BOM:544569 BOM:532977 NSE:TMPV NSE:HEROMOTOCO NSE:ATHERENERG NSE:M&M BOM:500033 NSE:OLAELEC TSLA TSE:7203 SZSE:002594 XKRX:005380 GM MIL:RACE F XTER:MBG XTER:P911 NSE:MARUTI

Other Exchanges EICHERMOT:India

Address No. 96, Sector 32, Gurugram, HR, IND, 122001

Website https://www.eicher.in

Eicher Motors Ltd is an Indian automobile manufacturer and is also engaged in the retail of related components and accessories. The company manufactures two-wheeler motorcycles and commercial vehicles. The Motorcycles division, which derives its key revenue, produces motorcycles through the Royal Enfield brand. The Commercial Vehicles division, through a joint venture with Volvo, produces trucks and buses for sale in India and other developing markets. The company derives the vast majority of its revenue within India and also has a presence in overseas markets.

96GF Score

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

₹7,340.10

Price

₹7,010.17

GF Value

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