Modern Shares & Stockbrokers (BOM:509760) ROCE %: -2.24% (As of Mar. 2026)

What is Modern Shares & Stockbrokers ROCE %?

Modern Shares & Stockbrokers BOM:509760 -5.47% 58 ROCE % is -2.24% as of Mar. 2026. GuruFocus rates BOM:509760 with a GF Score™ of 58/100 and a GF Value™ of ₹40.86 (Modestly Undervalued). The stock has 5 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. Modern Shares & Stockbrokers's annualized ROCE % for the quarter that ended in Mar. 2026 was -2.24%.

Modern Shares & Stockbrokers (BOM:509760) 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.

Modern Shares & Stockbrokers ROCE % Related Terms

Modern Shares & Stockbrokers ROCE % Historical Data

* Premium members only.

The historical data trend for Modern Shares & Stockbrokers'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.

Modern Shares & Stockbrokers ROCE % Chart

Modern Shares & Stockbrokers Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

Get a 7-Day Free Trial

3.18

2.01

4.46

3.28

2.42

Modern Shares & Stockbrokers 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															-3.18	6.16	6.92	-0.98	-2.24

58GF Score

Modern Shares & Stockbrokers Ltd BOM:509760

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

View Full Analysis

Modern Shares & Stockbrokers ROCE % Calculation

Modern Shares & Stockbrokers'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 )
	=	3.314	/	( ( (166.23 - 38.857)	+	(168.902 - 21.982) )	/ 2 )
	=	3.314	/	( (127.373	+	146.92)	/ 2 )
	=	3.314	/	137.1465
	=	2.42 %

Modern Shares & Stockbrokers'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 )
	=	-3.296	/	( ( (0 - 0)	+	(168.902 - 21.982) )	/ 1 )
	=	-3.296	/	( ( 0	+	146.92 )	/ 1 )
	=	-3.296	/	146.92
	=	-2.24 %

(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 -2.24% mean?

Modern Shares & Stockbrokers (BOM:509760) has a ROCE % of -2.24% as of Mar. 2026.

Is Modern Shares & Stockbrokers' ROCE % too high?

Modern Shares & Stockbrokers' current ROCE % is -2.24%. Overall, Modern Shares & Stockbrokers has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Modern Shares & Stockbrokers' ROCE % compare to MS and GS?

Modern Shares & Stockbrokers' ROCE % of -2.24% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.67. 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 Capital Markets company?

The median ROCE % among Capital Markets companies is 5.67, based on 692 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 Capital Markets industry, the median ROCE % is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Shares & Stockbrokers's current ROCE % is -2.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Modern Shares & Stockbrokers stock overvalued right now?

Based on GuruFocus' analysis, Modern Shares & Stockbrokers (BOM:509760) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹40.86, compared to a current price of ₹34.02 — trading 16.7% below its estimated fair value. The current ROCE % is -2.24%. Modern Shares & Stockbrokers' overall GF Score™ is 58/100 with 5 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 Modern Shares & Stockbrokers (BOM:509760), the current ROCE % is -2.24% 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 Modern Shares & Stockbrokers (BOM:509760) Overvalued in 2026?

Based on GuruFocus' analysis, Modern Shares & Stockbrokers stock appears to be undervalued. The current stock price of ₹34.02 is trading 16.7% below its estimated GF Value™ of ₹40.86. GuruFocus considers Modern Shares & Stockbrokers to be Modestly Undervalued.

Key valuation signals for BOM:509760:

ROCE %: -2.24%
GF Value™: ₹40.86 vs. price of ₹34.02 (16.7% below fair value)
GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the BOM:509760 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Modern Shares & Stockbrokers Business Description

Industry Financial Services Capital Markets

Comparable Companies BOM:533149 BOM:511122 BOM:539117 BOM:530993 BOM:531027 BOM:538568 BOM:539123 BOM:539692 BOM:531274 BOM:531672 MS GS SCHW HOOD ASX:MQG SHSE:600030 BSP:BPAC3 SZSE:300059 SHSE:601211 IBKR

Address D Road, Staircase No.13, Wankhede Stadium, North Stand, Churchgate, Mumbai, MH, IND, 400020

Website https://www.modernshares.com

Modern Shares & Stockbrokers Ltd mainly provides stock broking services in India. It offers a range of services covering retail broking, mutual fund distribution, and research and advisory services.

58GF Score

Get the complete analysis for BOM:509760

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

₹34.02

Price

₹40.86

GF Value

View BOM:509760 Analysis

See ROCE % data for all stocks →