Astra Microwave Products (NSE:ASTRAMICRO) ROCE %: 42.33% (As of Mar. 2026)

What is Astra Microwave Products ROCE %?

Astra Microwave Products NSE:ASTRAMICRO +3.55% 77 ROCE % is 42.33% as of Mar. 2026. GuruFocus rates NSE:ASTRAMICRO with a GF Score™ of 77/100 and a GF Value™ of ₹1,014.41 (Significantly Overvalued). 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. Astra Microwave Products's annualized ROCE % for the quarter that ended in Mar. 2026 was 42.33%.

Astra Microwave Products (NSE:ASTRAMICRO) 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.

Astra Microwave Products ROCE % Related Terms

Astra Microwave Products ROCE % Historical Data

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The historical data trend for Astra Microwave Products'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.

Astra Microwave Products ROCE % Chart

Astra Microwave Products Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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10.73

17.59

20.60

23.22

23.64

Astra Microwave Products 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															39.22	11.82	14.11	24.41	42.33

77GF Score

Astra Microwave Products Ltd NSE:ASTRAMICRO

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Astra Microwave Products ROCE % Calculation

Astra Microwave Products'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 )
	=	3163.119	/	( ( (18512.244 - 6444.904)	+	(19879.592 - 5182.893) )	/ 2 )
	=	3163.119	/	( (12067.34	+	14696.699)	/ 2 )
	=	3163.119	/	13382.0195
	=	23.64 %

Astra Microwave Products'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 )
	=	6220.904	/	( ( (0 - 0)	+	(19879.592 - 5182.893) )	/ 1 )
	=	6220.904	/	( ( 0	+	14696.699 )	/ 1 )
	=	6220.904	/	14696.699
	=	42.33 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 42.33% mean?

Astra Microwave Products (NSE:ASTRAMICRO) has a ROCE % of 42.33% as of Mar. 2026.

Is Astra Microwave Products' ROCE % too high?

Astra Microwave Products' current ROCE % is 42.33%. The Hardware industry median ROCE % is 5.83. Astra Microwave Products' value of 42.33% is 626.1% above this industry median. Overall, Astra Microwave Products has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Astra Microwave Products' ROCE % compare to CSCO and CIEN?

Astra Microwave Products' ROCE % of 42.33% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.83. Astra Microwave Products' value of 42.33% is 626.1% 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 Hardware company?

The median ROCE % among Hardware companies is 5.83, based on 2,445 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. Astra Microwave Products's current ROCE % of 42.33% is 626.1% 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 Hardware industry, the median ROCE % is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astra Microwave Products's current ROCE % is 42.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Astra Microwave Products stock overvalued right now?

Based on GuruFocus' analysis, Astra Microwave Products (NSE:ASTRAMICRO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,014.41, compared to a current price of ₹1,721.70 — trading 69.7% above its estimated fair value. The current ROCE % is 42.33% and 626.1% above the Hardware industry median of 5.83. Astra Microwave Products' overall GF Score™ is 77/100 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 Astra Microwave Products (NSE:ASTRAMICRO), the current ROCE % is 42.33% 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 Astra Microwave Products (NSE:ASTRAMICRO) Overvalued in 2026?

Based on GuruFocus' analysis, Astra Microwave Products stock appears to be overvalued. The current stock price of ₹1,721.70 is trading 69.7% above its estimated GF Value™ of ₹1,014.41. GuruFocus considers Astra Microwave Products to be Significantly Overvalued.

Key valuation signals for NSE:ASTRAMICRO:

ROCE %: 42.33%
GF Value™: ₹1,014.41 vs. price of ₹1,721.70 (69.7% above fair value)
GF Score™: 77/100 with 7 warning signs
Industry Position: 626.1% above the Hardware median

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

Astra Microwave Products Business Description

Industry Technology Hardware

Comparable Companies BOM:540595 BOM:532406 NSE:PACEDIGITK BOM:530555 BOM:532775 BOM:533146 BOM:504112 BOM:526775 BOM:523411 BOM:500060 CSCO SHSE:601138 SZSE:300308 SZSE:300502 CIEN OHEL:NOKIA MSI LITE HPE SZSE:300394

Other Exchanges 532493:India

Address Astra Towers, Survey No.12 (Part), Kothaguda Post, Opp. CII Green Building, Kondapur, Hitech City, Hyderabad, TG, IND, 500038

Website https://www.astramwp.com

Astra Microwave Products Ltd is engaged in designing and manufacturing radio frequency (RF) and microwave super components and sub-systems finding applications in defense, space, telecom, meteorology, and civil communication systems. The principal activity of the company is to carry on the business to manufacture, produce, assemble, repair, maintain, importing, export, buy, sell, or otherwise deal in all kinds of electronic items and components.

77GF Score

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

₹1,721.70

Price

₹1,014.41

GF Value

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