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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. Shanti Spintex's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.02%.
Shanti Spintex (BOM:544059) 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.
Shanti Spintex ROCE % Related Terms
Shanti Spintex ROCE % Historical Data
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The historical data trend for Shanti Spintex'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.
(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.
Shanti Spintex (BOM:544059) has a ROCE % of 9.02% as of Mar. 2026.
Is Shanti Spintex's ROCE % too high?
Shanti Spintex's current ROCE % is 9.02%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.14. Shanti Spintex's value of 9.02% is 46.9% above this industry median. Overall, Shanti Spintex has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Shanti Spintex's ROCE % compare to competitors?
Shanti Spintex's ROCE % of 9.02% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.14. Shanti Spintex's value of 9.02% is 46.9% 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 Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.14, based on 1,041 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. Shanti Spintex's current ROCE % of 9.02% is 46.9% 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 Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanti Spintex's current ROCE % is 9.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanti Spintex stock overvalued right now?
Shanti Spintex (BOM:544059) has a current ROCE % of 9.02%. The current ROCE % is 9.02% and 46.9% above the Manufacturing - Apparel & Accessories industry median of 6.14. Shanti Spintex's overall GF Score™ is 44/100 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 Shanti Spintex (BOM:544059), the current ROCE % is 9.02% 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.
Shanti Spintex Ltd is engaged in the Manufacturing and selling of Cotton Yarn and Fabrics. It manufactures various types of denim fabrics such as power stretch spandex denim, knit denim, lightweight denim, rigid denim, over-dyed denim, and flat finish 3/1 denim and also offers denim fabrics in a diverse spectrum of shades such as indigo blue, IBST, sulphur black, sulphur grey, etc. The Company's operations encompass the utilization of diverse types of yarns such as cotton yarn, ring yarn, viscose yarn, slub yarn, cotton spandex, polyester spandex, tencel, lyocell, etc. The Company is currently organized into two operating activities - 1. Textile Manufacturing and 2. Windmill Operations. The company generates the majority of its revenue from the Textile segment.
44GF Score
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