eClerx Services (NSE:ECLERX) ROCE %: 35.27% (As of Mar. 2026)


NSE:ECLERX eClerx Services Ltd NSE:ECLERX
88 GF Score
Price ₹1,404.50
GF Value ₹1,992.73
Valuation Significantly Undervalued
! 2 Warning Signs
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What is eClerx Services ROCE %?

eClerx Services NSE:ECLERX +0.75% 88 ROCE % is 35.27% as of Mar. 2026. GuruFocus rates NSE:ECLERX with a GF Score™ of 88/100 and a GF Value™ of ₹1,992.73 (Significantly Undervalued). The stock has 2 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. eClerx Services's annualized ROCE % for the quarter that ended in Mar. 2026 was 35.27%.

eClerx Services  (NSE:ECLERX) 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.

eClerx Services ROCE % Related Terms

eClerx Services ROCE % Historical Data

* Premium members only.

The historical data trend for eClerx Services'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.

eClerx Services ROCE % Chart

eClerx Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.35 36.39 31.75 28.66 34.32

eClerx Services 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.99 29.24 33.65 34.20 35.27
NSE:ECLERX
88GF Score
eClerx Services Ltd NSE:ECLERX
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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eClerx Services ROCE % Calculation

eClerx Services'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 )
=9772.6/( ( (31456.73 - 4407.17) + (36970.16 - 7067.77) )/ 2 )
=9772.6/( (27049.56+29902.39)/ 2 )
=9772.6/28475.975
=34.32 %

eClerx Services'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 )
=10547.6/( ( (0 - 0) + (36970.16 - 7067.77) )/ 1 )
=10547.6/( ( 0 + 29902.39 )/ 1 )
=10547.6/29902.39
=35.27 %

(1) Note: The EBIT data used here is four times the quarterly (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 35.27% mean?
eClerx Services (NSE:ECLERX) has a ROCE % of 35.27% as of Mar. 2026.
Is eClerx Services' ROCE % too high?
eClerx Services' current ROCE % is 35.27%. The Software industry median ROCE % is 5.27. eClerx Services' value of 35.27% is 569.3% above this industry median. Overall, eClerx Services has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does eClerx Services' ROCE % compare to IBM and ACN?
eClerx Services' ROCE % of 35.27% can be compared against companies in the Software industry. The industry median ROCE % is 5.27. eClerx Services' value of 35.27% is 569.3% 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 5.27, based on 2,713 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. eClerx Services's current ROCE % of 35.27% is 569.3% 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 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. eClerx Services's current ROCE % is 35.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eClerx Services stock overvalued right now?
Based on GuruFocus' analysis, eClerx Services (NSE:ECLERX) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,992.73, compared to a current price of ₹1,404.50 — trading 29.5% below its estimated fair value. The current ROCE % is 35.27% and 569.3% above the Software industry median of 5.27. eClerx Services' overall GF Score™ is 88/100 with 2 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 eClerx Services (NSE:ECLERX), the current ROCE % is 35.27% 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 eClerx Services (NSE:ECLERX) Overvalued in 2026?

Based on GuruFocus' analysis, eClerx Services stock appears to be undervalued. The current stock price of ₹1,404.50 is trading 29.5% below its estimated GF Value™ of ₹1,992.73. GuruFocus considers eClerx Services to be Significantly Undervalued.

Key valuation signals for NSE:ECLERX:

  • ROCE %: 35.27%
  • GF Value™: ₹1,992.73 vs. price of ₹1,404.50 (29.5% below fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 569.3% above the Software median

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

eClerx Services Business Description

Other Exchanges 532927:India
Address Nariman Point, 4th Floor, Express Towers, Mumbai, MH, IND, 400 021
eClerx Services Ltd provides a variety of information technology, or IT, and knowledge and business process outsourcing services. The firm's financial services include expense management and accounting and finance, digital marketing services that include customer relationship management and business intelligence, market intelligence, financial market operations, finance and accounting, and other services. The geographical segments of the company are North America, United Kingdom, Europe, and Asia Pacific.
88GF Score

Get the complete analysis for NSE:ECLERX

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

₹1,404.50
Price
₹1,992.73
GF Value