TVS Holdings (BOM:520056) ROCE %: 15.96% (As of Mar. 2026)


BOM:520056 TVS Holdings Ltd BOM:520056
85 GF Score
Price ₹14,090.55
GF Value ₹15,146.62
Valuation Fairly Valued
! 3 Warning Signs
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What is TVS Holdings ROCE %?

TVS Holdings BOM:520056 -0.53% 85 ROCE % is 15.96% as of Mar. 2026. GuruFocus rates BOM:520056 with a GF Score™ of 85/100 and a GF Value™ of ₹15,146.62 (Fairly Valued). The stock has 3 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. TVS Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was 15.96%.

TVS Holdings  (BOM:520056) 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.

TVS Holdings ROCE % Related Terms

TVS Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for TVS Holdings'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.

TVS Holdings ROCE % Chart

TVS Holdings 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 15.12 14.02 14.12 14.62 16.04

TVS Holdings 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 14.21 15.02 15.82 16.90 15.96
BOM:520056
85GF Score
TVS Holdings Ltd BOM:520056
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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TVS Holdings ROCE % Calculation

TVS Holdings'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 )
=77242.5/( ( (541812.1 - 94176.8) + (640076.7 - 124498.3) )/ 2 )
=77242.5/( (447635.3+515578.4)/ 2 )
=77242.5/481606.85
=16.04 %

TVS Holdings'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 )
=82278.4/( ( (0 - 0) + (640076.7 - 124498.3) )/ 1 )
=82278.4/( ( 0 + 515578.4 )/ 1 )
=82278.4/515578.4
=15.96 %

(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 15.96% mean?
TVS Holdings (BOM:520056) has a ROCE % of 15.96% as of Mar. 2026.
Is TVS Holdings' ROCE % too high?
TVS Holdings' current ROCE % is 15.96%. The Vehicles & Parts industry median ROCE % is 7.94. TVS Holdings' value of 15.96% is 101% above this industry median. Overall, TVS Holdings has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TVS Holdings' ROCE % compare to ORLY and AZO?
TVS Holdings' ROCE % of 15.96% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. TVS Holdings' value of 15.96% is 101% 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 1,319 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. TVS Holdings's current ROCE % of 15.96% is 101% 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. TVS Holdings's current ROCE % is 15.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVS Holdings stock overvalued right now?
Based on GuruFocus' analysis, TVS Holdings (BOM:520056) is currently considered Fairly Valued. The stock's GF Value™ is ₹15,146.62, compared to a current price of ₹14,090.55 — trading 7% below its estimated fair value. The current ROCE % is 15.96% and 101% above the Vehicles & Parts industry median of 7.94. TVS Holdings' overall GF Score™ is 85/100 with 3 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 TVS Holdings (BOM:520056), the current ROCE % is 15.96% 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 TVS Holdings (BOM:520056) Overvalued in 2026?

Based on GuruFocus' analysis, TVS Holdings stock appears to be undervalued. The current stock price of ₹14,090.55 is trading 7% below its estimated GF Value™ of ₹15,146.62. GuruFocus considers TVS Holdings to be Fairly Valued.

Key valuation signals for BOM:520056:

  • ROCE %: 15.96%
  • GF Value™: ₹15,146.62 vs. price of ₹14,090.55 (7% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 101% above the Vehicles & Parts median

No single metric tells the full story. See the BOM:520056 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TVS Holdings Business Description

Other Exchanges TVSHLTD:India
Address No. 12, Khader Nawaz Khan Road, Nungambakkam, Chennai, TN, IND, 600006
TVS Holdings Ltd is an auto component manufacturing company. It manufactures aluminum pressure die castings for heavy commercial vehicles, passenger cars, and two-wheelers. The product range includes flywheel housing, gear housing, clutch housing, filter heads, air connectors, lube oil cooler cover assembly, filtration module casting, turbochargers, and others. The company has the following reportable operating segments; Automotive components, Financial services, Automotive vehicles and parts, and others. Maximum revenue is generated from its Automotive vehicles and parts segment. Geographically, the company derives its key revenue from the domestic markets and the rest through exports.
85GF Score

Get the complete analysis for BOM:520056

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

₹14,090.55
Price
₹15,146.62
GF Value