Icodex Publishing Solutions (BOM:544483) ROCE %: 11.10% (As of Mar. 2026)

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BOM:544483 Icodex Publishing Solutions Ltd BOM:544483
22 GF Score
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What is Icodex Publishing Solutions ROCE %?

Icodex Publishing Solutions BOM:544483 -5.17% 22 ROCE % is 11.10% as of Mar. 2026. GuruFocus rates BOM:544483 with a GF Score™ of 22/100. The stock has 4 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. Icodex Publishing Solutions's annualized ROCE % for the quarter that ended in Mar. 2026 was 11.10%.

Icodex Publishing Solutions  (BOM:544483) 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.

Icodex Publishing Solutions ROCE % Related Terms

Icodex Publishing Solutions ROCE % Historical Data

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The historical data trend for Icodex Publishing Solutions'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.

Icodex Publishing Solutions ROCE % Chart

Icodex Publishing Solutions Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
66.90 54.38 68.34 92.06 27.86

Icodex Publishing Solutions Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial 0.00 104.34 81.28 40.13 11.10
BOM:544483
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Icodex Publishing Solutions Ltd BOM:544483
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Icodex Publishing Solutions ROCE % Calculation

Icodex Publishing Solutions'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 )
=106.254/( ( (247.487 - 51.878) + (661.889 - 94.596) )/ 2 )
=106.254/( (195.609+567.293)/ 2 )
=106.254/381.451
=27.86 %

Icodex Publishing Solutions'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 )
=62.202/( ( (627.118 - 73.715) + (661.889 - 94.596) )/ 2 )
=62.202/( ( 553.403 + 567.293 )/ 2 )
=62.202/560.348
=11.10 %

(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 11.10% mean?
Icodex Publishing Solutions (BOM:544483) has a ROCE % of 11.10% as of Mar. 2026.
Is Icodex Publishing Solutions' ROCE % too high?
Icodex Publishing Solutions' current ROCE % is 11.10%. The Software industry median ROCE % is 5.52. Icodex Publishing Solutions' value of 11.10% is 101.1% above this industry median. Overall, Icodex Publishing Solutions has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Icodex Publishing Solutions' ROCE % compare to QH and SHOP?
Icodex Publishing Solutions' ROCE % of 11.10% can be compared against companies in the Software industry. The industry median ROCE % is 5.52. Icodex Publishing Solutions' value of 11.10% is 101.1% 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 Software company?
The median ROCE % among Software companies is 5.52, based on 2,725 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. Icodex Publishing Solutions's current ROCE % of 11.10% is 101.1% 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 Software industry, the median ROCE % is 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icodex Publishing Solutions's current ROCE % is 11.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icodex Publishing Solutions stock overvalued right now?
Icodex Publishing Solutions (BOM:544483) has a current ROCE % of 11.10%. The current ROCE % is 11.10% and 101.1% above the Software industry median of 5.52. Icodex Publishing Solutions' overall GF Score™ is 22/100 with 4 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 Icodex Publishing Solutions (BOM:544483), the current ROCE % is 11.10% 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.

Icodex Publishing Solutions Business Description

Address 102, First Floor, Suman Business Park, Kalyani Nagar, Viman Nagar, Pune, MH, IND, 411014
Icodex Publishing Solutions Ltd is engaged in the business of Software Product Development for Scholarly Publishing. Its Software products help in publication of research papers, studies and academic articles; that help researchers, academicians, and scholars in their field of work. The company specializes in a developing and providing publishing products and software, which support the publishing process, i.e., from manuscript preparation till print and digital content distribution. It also provides Business Process Management services that support the publishing process with activities like Quality assurance checks, editorial services and back-end support to its Global Publishing Client.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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