Den Networks (NSE:DEN) ROCE %: 5.15% (As of Mar. 2026)

What is Den Networks ROCE %?

Den Networks NSE:DEN -4.00% 66 ROCE % is 5.15% as of Mar. 2026. GuruFocus rates NSE:DEN with a GF Score™ of 66/100 and a GF Value™ of ₹37.19 (Modestly Undervalued). 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. Den Networks's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.15%.

Den Networks (NSE:DEN) 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.

Den Networks ROCE % Related Terms

Den Networks ROCE % Historical Data

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The historical data trend for Den Networks'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.

Den Networks ROCE % Chart

Den Networks Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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5.75

4.51

7.23

6.95

5.56

Den Networks 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															7.49	7.09	4.90	5.11	5.15

66GF Score

Den Networks Ltd NSE:DEN

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

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Den Networks ROCE % Calculation

Den Networks'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 )
	=	2100.35	/	( ( (41421.91 - 4448.41)	+	(42833.24 - 4243.45) )	/ 2 )
	=	2100.35	/	( (36973.5	+	38589.79)	/ 2 )
	=	2100.35	/	37781.645
	=	5.56 %

Den Networks'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 )
	=	1986.6	/	( ( (0 - 0)	+	(42833.24 - 4243.45) )	/ 1 )
	=	1986.6	/	( ( 0	+	38589.79 )	/ 1 )
	=	1986.6	/	38589.79
	=	5.15 %

(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 5.15% mean?

Den Networks (NSE:DEN) has a ROCE % of 5.15% as of Mar. 2026.

Is Den Networks' ROCE % too high?

Den Networks' current ROCE % is 5.15%. The Media - Diversified industry median ROCE % is 3.10. Den Networks' value of 5.15% is 66.1% above this industry median. Overall, Den Networks has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Den Networks' ROCE % compare to NFLX and DIS?

Den Networks' ROCE % of 5.15% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.10. Den Networks' value of 5.15% is 66.1% 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 Media - Diversified company?

The median ROCE % among Media - Diversified companies is 3.10, based on 988 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. Den Networks's current ROCE % of 5.15% is 66.1% 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 Media - Diversified industry, the median ROCE % is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Den Networks's current ROCE % is 5.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Den Networks stock overvalued right now?

Based on GuruFocus' analysis, Den Networks (NSE:DEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹37.19, compared to a current price of ₹31.24 — trading 16% below its estimated fair value. The current ROCE % is 5.15% and 66.1% above the Media - Diversified industry median of 3.10. Den Networks' overall GF Score™ is 66/100 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 Den Networks (NSE:DEN), the current ROCE % is 5.15% 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 Den Networks (NSE:DEN) Overvalued in 2026?

Based on GuruFocus' analysis, Den Networks stock appears to be undervalued. The current stock price of ₹31.24 is trading 16% below its estimated GF Value™ of ₹37.19. GuruFocus considers Den Networks to be Modestly Undervalued.

Key valuation signals for NSE:DEN:

ROCE %: 5.15%
GF Value™: ₹37.19 vs. price of ₹31.24 (16% below fair value)
GF Score™: 66/100 with 4 warning signs
Industry Position: 66.1% above the Media - Diversified median

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

Den Networks Business Description

Industry Communication Services Media - Diversified

Comparable Companies BOM:539469 BOM:532382 BOM:512267 NSE:GTPL BOM:531910 NSE:HATHWAY BOM:532839 NSE:BASILIC BOM:532011 NSE:CONNPLEX NFLX DIS WBD XAMS:UMG LYV FOXA FWONA ROKU XPAR:BOL WMG

Other Exchanges 533137:India

Address 236, Okhla Industrial Estate, Phase-Ill, New Delhi, IND, 110 020

Website https://www.dennetworks.com

Den Networks Ltd is a cable television company in India that distributes analog and digital cable television services. It provides visual entertainment to its customers through cable TV, over-the-top entertainment, telecommerce, and broadband services. The business segments of the company consist mainly of Cable and Broadband. Its Cable segment includes the distribution and promotion of television channels and the Broadband segment consists of providing internet services. The company generates the majority of its revenue from its cable segment. Geographically, it derives revenue from India.

66GF Score

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

₹31.24

Price

₹37.19

GF Value

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