North Eastern Carrying (BOM:534615) ROCE %: 5.01% (As of Mar. 2026)

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BOM:534615 North Eastern Carrying Corp Ltd BOM:534615
68 GF Score
Price ₹15.48
GF Value ₹18.27
Valuation Modestly Undervalued
! 5 Warning Signs
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What is North Eastern Carrying ROCE %?

North Eastern Carrying BOM:534615 -0.77% 68 ROCE % is 5.01% as of Mar. 2026. GuruFocus rates BOM:534615 with a GF Score™ of 68/100 and a GF Value™ of ₹18.27 (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. North Eastern Carrying's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.01%.

North Eastern Carrying  (BOM:534615) 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.

North Eastern Carrying ROCE % Related Terms

North Eastern Carrying ROCE % Historical Data

* Premium members only.

The historical data trend for North Eastern Carrying'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.

North Eastern Carrying ROCE % Chart

North Eastern Carrying 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 11.38 14.59 11.19 9.32 8.53

North Eastern Carrying 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 3.86 8.62 8.47 12.09 5.01
BOM:534615
68GF Score
North Eastern Carrying Corp Ltd BOM:534615
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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North Eastern Carrying ROCE % Calculation

North Eastern Carrying'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 )
=199.75/( ( (3448.938 - 1196.802) + (3723.379 - 1293.686) )/ 2 )
=199.75/( (2252.136+2429.693)/ 2 )
=199.75/2340.9145
=8.53 %

North Eastern Carrying'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 )
=120.768/( ( (3659.672 - 1268.7) + (3723.379 - 1293.686) )/ 2 )
=120.768/( ( 2390.972 + 2429.693 )/ 2 )
=120.768/2410.3325
=5.01 %

(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 5.01% mean?
North Eastern Carrying (BOM:534615) has a ROCE % of 5.01% as of Mar. 2026.
Is North Eastern Carrying's ROCE % too high?
North Eastern Carrying's current ROCE % is 5.01%. The Transportation industry median ROCE % is 7.73. North Eastern Carrying's value of 5.01% is 35.2% below this industry median. Overall, North Eastern Carrying has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does North Eastern Carrying's ROCE % compare to ODFL and XPO?
North Eastern Carrying's ROCE % of 5.01% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.73. North Eastern Carrying's value of 5.01% is 35.2% below 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 Transportation company?
The median ROCE % among Transportation companies is 7.73, based on 991 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. North Eastern Carrying's current ROCE % of 5.01% is 35.2% below 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 Transportation industry, the median ROCE % is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Eastern Carrying's current ROCE % is 5.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Eastern Carrying stock overvalued right now?
Based on GuruFocus' analysis, North Eastern Carrying (BOM:534615) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹18.27, compared to a current price of ₹15.48 — trading 15.3% below its estimated fair value. The current ROCE % is 5.01% and 35.2% below the Transportation industry median of 7.73. North Eastern Carrying's overall GF Score™ is 68/100 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 North Eastern Carrying (BOM:534615), the current ROCE % is 5.01% 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 North Eastern Carrying (BOM:534615) Overvalued in 2026?

Based on GuruFocus' analysis, North Eastern Carrying stock appears to be undervalued. The current stock price of ₹15.48 is trading 15.3% below its estimated GF Value™ of ₹18.27. GuruFocus considers North Eastern Carrying to be Modestly Undervalued.

Key valuation signals for BOM:534615:

  • ROCE %: 5.01%
  • GF Value™: ₹18.27 vs. price of ₹15.48 (15.3% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 35.2% below the Transportation median

No single metric tells the full story. See the BOM:534615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

North Eastern Carrying Business Description

Other Exchanges NECCLTD:India
Address Ram Bagh Road, Azad Market, NECC House, 9062/47, Delhi, IND, 110006
North Eastern Carrying Corp Ltd is engaged in the business of transportation. The Company offers freight management and customized logistics solutions. the company also offers Parcel load movement, Full truckload services, containerized movement of cargo, ODC Movement, Bulk Movement: Storage facility, and other transport-related services. Geographically, the company has a presence in Nepal and operational setups in Bhutan and Bangladesh. It generates substantial revenue from Freight.
68GF Score

Get the complete analysis for BOM:534615

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

₹15.48
Price
₹18.27
GF Value