Gajra Bevel Gears (BOM:505711) ROCE %: -0.61% (As of Sep. 2021)

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BOM:505711 Gajra Bevel Gears Ltd BOM:505711
32 GF Score
Price ₹3.25
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What is Gajra Bevel Gears ROCE %?

Gajra Bevel Gears BOM:505711 32 ROCE % is -0.61% as of Sep. 2021. GuruFocus rates BOM:505711 with a GF Score™ of 32/100.

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. Gajra Bevel Gears's annualized ROCE % for the quarter that ended in Sep. 2021 was -0.61%.

Gajra Bevel Gears  (BOM:505711) 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.

Gajra Bevel Gears ROCE % Related Terms

Gajra Bevel Gears ROCE % Historical Data

* Premium members only.

The historical data trend for Gajra Bevel Gears'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.

Gajra Bevel Gears ROCE % Chart

Gajra Bevel Gears Annual Data
Trend Sep11 Sep12 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.39 -4.62 -4.61 -4.86 -6.43

Gajra Bevel Gears Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -1.88 -10.64 -13.27 -1.81 -0.61
BOM:505711
32GF Score
Gajra Bevel Gears Ltd BOM:505711
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gajra Bevel Gears ROCE % Calculation

Gajra Bevel Gears's annualized ROCE % for the fiscal year that ended in Mar. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2021 )  (A: Mar. 2020 )(A: Mar. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2021 )  (A: Mar. 2020 )(A: Mar. 2021 )
=-1.87/( ( (72.851 - 42.898) + (72.202 - 43.967) )/ 2 )
=-1.87/( (29.953+28.235)/ 2 )
=-1.87/29.094
=-6.43 %

Gajra Bevel Gears's ROCE % of for the quarter that ended in Sep. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=-0.172/( ( (0 - 0) + (72.203 - 44.174) )/ 1 )
=-0.172/( ( 0 + 28.029 )/ 1 )
=-0.172/28.029
=-0.61 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2021) 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 -0.61% mean?
Gajra Bevel Gears (BOM:505711) has a ROCE % of -0.61% as of Sep. 2021.
Is Gajra Bevel Gears' ROCE % too high?
Gajra Bevel Gears' current ROCE % is -0.61%. Overall, Gajra Bevel Gears has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Gajra Bevel Gears' ROCE % compare to OMTK?
Gajra Bevel Gears' ROCE % of -0.61% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 8.04. 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 8.04, 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. 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 8.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gajra Bevel Gears's current ROCE % is -0.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gajra Bevel Gears stock overvalued right now?
Gajra Bevel Gears (BOM:505711) has a current ROCE % of -0.61%. The current ROCE % is -0.61%. Gajra Bevel Gears' overall GF Score™ is 32/100. 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 Gajra Bevel Gears (BOM:505711), the current ROCE % is -0.61% as of Sep. 2021. 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.

Gajra Bevel Gears Business Description

Address A. B. Road, 395-A Village Lohar Pipliya, Near Kshipra, Dewas, MP, IND, 455001
Gajra Bevel Gears Ltd is engaged in the manufacture of automotive differential gears and other related products. The company offers products such as Crown wheel pinions, Spider kit assembly, Spider, Bevel gears, Bevel pinions, Transmission gears, and cutting tools.
32GF Score

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

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