CWD (BOM:543378) ROCE %: 24.90% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:543378 CWD Ltd BOM:543378
69 GF Score
Price ₹301.95
GF Value ₹4,309.66
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is CWD ROCE %?

CWD BOM:543378 -2.11% 69 ROCE % is 24.90% as of Mar. 2026. GuruFocus rates BOM:543378 with a GF Score™ of 69/100 and a GF Value™ of ₹4,309.66 (Possible Value Trap). The stock has 7 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. CWD's annualized ROCE % for the quarter that ended in Mar. 2026 was 24.90%.


CWD  (BOM:543378) 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.


CWD ROCE % Related Terms


CWD ROCE % Historical Data

* Premium members only.

The historical data trend for CWD'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.

CWD ROCE % Chart

CWD Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 36.45 14.61 9.06 13.29 24.25

CWD Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.52 -5.53 29.23 17.10 24.90
BOM:543378
69GF Score
CWD Ltd BOM:543378
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CWD ROCE % Calculation

CWD'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 )
=233.315/( ( (845.627 - 218.304) + (2387.86 - 1090.587) )/ 2 )
=233.315/( (627.323+1297.273)/ 2 )
=233.315/962.298
=24.25 %

CWD'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: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=308.772/( ( (1845.494 - 663.079) + (2387.86 - 1090.587) )/ 2 )
=308.772/( ( 1182.415 + 1297.273 )/ 2 )
=308.772/1239.844
=24.90 %

(1) Note: The EBIT data used here is two times the semi-annual (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 24.90% mean?
CWD (BOM:543378) has a ROCE % of 24.90% as of Mar. 2026.
Is CWD's ROCE % too high?
CWD's current ROCE % is 24.90%. The Hardware industry median ROCE % is 5.84. CWD's value of 24.90% is 326.4% above this industry median. Overall, CWD has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CWD's ROCE % compare to APH and GLW?
CWD's ROCE % of 24.90% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.84. CWD's value of 24.90% is 326.4% 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 Hardware company?
The median ROCE % among Hardware companies is 5.84, based on 2,452 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. CWD's current ROCE % of 24.90% is 326.4% 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 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. CWD's current ROCE % is 24.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CWD stock overvalued right now?
Based on GuruFocus' analysis, CWD (BOM:543378) is currently considered Possible Value Trap. The stock's GF Value™ is ₹4,309.66, compared to a current price of ₹301.95 — trading 93% below its estimated fair value. The current ROCE % is 24.90% and 326.4% above the Hardware industry median of 5.84. CWD's overall GF Score™ is 69/100 with 7 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 CWD (BOM:543378), the current ROCE % is 24.90% 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 CWD (BOM:543378) Overvalued in 2026?

Based on GuruFocus' analysis, CWD stock appears to be undervalued. The current stock price of ₹301.95 is trading 93% below its estimated GF Value™ of ₹4,309.66. GuruFocus considers CWD to be Possible Value Trap.

Key valuation signals for BOM:543378:

  • ROCE %: 24.90%
  • GF Value™: ₹4,309.66 vs. price of ₹301.95 (93% below fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 326.4% above the Hardware median

No single metric tells the full story. See the BOM:543378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CWD Business Description

Address Plot No. 439, Kalbadevi Road, Hasham Premji Building, 101, 1st Floor, Marine Lines, Mumbai, MH, IND, 400 002
CWD Ltd is an Information and Communication Technology (ICT) company specializing in designing, developing, manufacturing, and selling integrated wireless technology solutions. The company focuses on wireless communication technologies including NFC, Bluetooth BLE, Wi-Fi, Zigbee, LoRa, 5G LTE, NB-IoT, and LTE CAT M1. Its diversified product portfolio includes smart medical consumer electronics, vaccine tracking and delivery devices, farm cattle tracking systems, smart power meter electronics, employee safety and identity solutions, smart lighting components, and Bluetooth low energy modules. CWD also has subsidiaries and has expanded its footprint through acquisitions. CWD operates in two prominent segments, Consumer Electronics and Design and Development of Technology Solutions.
69GF Score

Get the complete analysis for BOM:543378

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

₹301.95
Price
₹4,309.66
GF Value