Fine-Line Circuits (BOM:517264) ROCE %: -4.51% (As of Mar. 2026)

What is Fine-Line Circuits ROCE %?

Fine-Line Circuits BOM:517264 +5.00% 53 ROCE % is -4.51% as of Mar. 2026. GuruFocus rates BOM:517264 with a GF Score™ of 53/100 and a GF Value™ of ₹94.41 (Modestly Undervalued). 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. Fine-Line Circuits's annualized ROCE % for the quarter that ended in Mar. 2026 was -4.51%.

Fine-Line Circuits (BOM:517264) 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.

Fine-Line Circuits ROCE % Related Terms

Fine-Line Circuits ROCE % Historical Data

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The historical data trend for Fine-Line Circuits'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.

Fine-Line Circuits ROCE % Chart

Fine-Line Circuits Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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16.96

6.08

6.31

5.92

3.64

Fine-Line Circuits 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															2.98	5.59	5.98	8.38	-4.51

53GF Score

Fine-Line Circuits Ltd BOM:517264

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

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Fine-Line Circuits ROCE % Calculation

Fine-Line Circuits'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 )
	=	4.123	/	( ( (178.508 - 70.302)	+	(217.37 - 99.268) )	/ 2 )
	=	4.123	/	( (108.206	+	118.102)	/ 2 )
	=	4.123	/	113.154
	=	3.64 %

Fine-Line Circuits'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 )
	=	-5.324	/	( ( (0 - 0)	+	(217.37 - 99.268) )	/ 1 )
	=	-5.324	/	( ( 0	+	118.102 )	/ 1 )
	=	-5.324	/	118.102
	=	-4.51 %

(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 -4.51% mean?

Fine-Line Circuits (BOM:517264) has a ROCE % of -4.51% as of Mar. 2026.

Is Fine-Line Circuits' ROCE % too high?

Fine-Line Circuits' current ROCE % is -4.51%. Overall, Fine-Line Circuits has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Fine-Line Circuits' ROCE % compare to APH and GLW?

Fine-Line Circuits' ROCE % of -4.51% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.84. 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 Hardware company?

The median ROCE % among Hardware companies is 5.84, based on 2,448 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 Hardware industry, the median ROCE % is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fine-Line Circuits's current ROCE % is -4.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Fine-Line Circuits stock overvalued right now?

Based on GuruFocus' analysis, Fine-Line Circuits (BOM:517264) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹94.41, compared to a current price of ₹66.61 — trading 29.4% below its estimated fair value. The current ROCE % is -4.51%. Fine-Line Circuits' overall GF Score™ is 53/100 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 Fine-Line Circuits (BOM:517264), the current ROCE % is -4.51% 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 Fine-Line Circuits (BOM:517264) Overvalued in 2026?

Based on GuruFocus' analysis, Fine-Line Circuits stock appears to be undervalued. The current stock price of ₹66.61 is trading 29.4% below its estimated GF Value™ of ₹94.41. GuruFocus considers Fine-Line Circuits to be Modestly Undervalued.

Key valuation signals for BOM:517264:

ROCE %: -4.51%
GF Value™: ₹94.41 vs. price of ₹66.61 (29.4% below fair value)
GF Score™: 53/100 with 2 warning signs

No single metric tells the full story. See the BOM:517264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fine-Line Circuits Business Description

Industry Technology Hardware

Comparable Companies BOM:526477 BOM:517397 BOM:517423 BOM:517370 BOM:517288 NSE:KEL BOM:544741 NSE:EEPL APH GLW TPE:2308 TSE:6981 TPE:2317 XKRX:009150 SZSE:002475 SZSE:002384 TPE:2327 SHSE:600183 TPE:2383 TEL

Address 145, SDF-V, Seepz (Special Economic Zone), Andheri (East), Mumbai, MH, IND, 400096

Website https://www.finelineindia.com

Fine-Line Circuits Ltd is engaged in the production and distribution of electrical components and related products. The company's product portfolio includes products like Printed circuit boards (PCBs) which also contribute maximum revenue. Its products comprise High-frequency microwave PCBs, Multilayer PCBs, High copper PCBs, Backplane PCBs, and Impedance-controlled PCBs. Geographically company generates revenue from the sale of PCBs from both India as well as exports outside India.

53GF Score

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

₹66.61

Price

₹94.41

GF Value

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