TCFC Finance (BOM:532284) ROCE %: -29.70% (As of Mar. 2026)


BOM:532284 TCFC Finance Ltd BOM:532284
70 GF Score
Price ₹23.63
GF Value ₹38.60
Valuation Possible Value Trap
! 3 Warning Signs
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What is TCFC Finance ROCE %?

TCFC Finance BOM:532284 -4.87% 70 ROCE % is -29.70% as of Mar. 2026. GuruFocus rates BOM:532284 with a GF Score™ of 70/100 and a GF Value™ of ₹38.60 (Possible Value Trap). 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. TCFC Finance's annualized ROCE % for the quarter that ended in Mar. 2026 was -29.70%.

TCFC Finance  (BOM:532284) 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.

TCFC Finance ROCE % Related Terms

TCFC Finance ROCE % Historical Data

* Premium members only.

The historical data trend for TCFC Finance'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.

TCFC Finance ROCE % Chart

TCFC Finance 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 8.06 0.90 15.15 1.22 -3.08

TCFC Finance 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 -14.28 21.56 -7.56 3.19 -29.70
BOM:532284
70GF Score
TCFC Finance Ltd BOM:532284
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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TCFC Finance ROCE % Calculation

TCFC Finance'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 )
=-34.21/( ( (1134.136 - 3.175) + (1101.886 - 13.336) )/ 2 )
=-34.21/( (1130.961+1088.55)/ 2 )
=-34.21/1109.7555
=-3.08 %

TCFC Finance'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 )
=-335.64/( ( (1171.52 - 0) + (1101.886 - 13.336) )/ 2 )
=-335.64/( ( 1171.52 + 1088.55 )/ 2 )
=-335.64/1130.035
=-29.70 %

(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 -29.70% mean?
TCFC Finance (BOM:532284) has a ROCE % of -29.70% as of Mar. 2026.
Is TCFC Finance's ROCE % too high?
TCFC Finance's current ROCE % is -29.70%. Overall, TCFC Finance has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TCFC Finance's ROCE % compare to MS and GS?
TCFC Finance's ROCE % of -29.70% 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 690 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. TCFC Finance's current ROCE % is -29.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCFC Finance stock overvalued right now?
Based on GuruFocus' analysis, TCFC Finance (BOM:532284) is currently considered Possible Value Trap. The stock's GF Value™ is ₹38.60, compared to a current price of ₹23.63 — trading 38.8% below its estimated fair value. The current ROCE % is -29.70%. TCFC Finance's overall GF Score™ is 70/100 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 TCFC Finance (BOM:532284), the current ROCE % is -29.70% 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 TCFC Finance (BOM:532284) Overvalued in 2026?

Based on GuruFocus' analysis, TCFC Finance stock appears to be undervalued. The current stock price of ₹23.63 is trading 38.8% below its estimated GF Value™ of ₹38.60. GuruFocus considers TCFC Finance to be Possible Value Trap.

Key valuation signals for BOM:532284:

  • ROCE %: -29.70%
  • GF Value™: ₹38.60 vs. price of ₹23.63 (38.8% below fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the BOM:532284 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TCFC Finance Business Description

Address Free Press Journal Marg, 501-502, Raheja Chambers, Nariman Point, Mumbai, MH, IND, 400021
TCFC Finance Ltd operates as a non-banking financial company focused on investments and trading activities within India. The company invests in equity shares, debt instruments, mutual funds, and real estate to create a balanced portfolio aimed at generating returns with managed risk. It also engages in proprietary trading of securities in both cash and future segments and participates in initial public offerings. TCFC Finance generates revenue through dividends, interest income, and profits from the sale of its investments, serving investors and financial markets across India.
70GF Score

Get the complete analysis for BOM:532284

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

₹23.63
Price
₹38.60
GF Value