Forge Auto International (NSE:FORGEAUTO) ROCE %: 30.95% (As of Mar. 2025)


NSE:FORGEAUTO Forge Auto International Ltd NSE:FORGEAUTO
16 GF Score
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What is Forge Auto International ROCE %?

Forge Auto International NSE:FORGEAUTO 16 ROCE % is 30.95% as of Mar. 2025. GuruFocus rates NSE:FORGEAUTO with a GF Score™ of 16/100. The stock has 3 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. Forge Auto International's annualized ROCE % for the quarter that ended in Mar. 2025 was 30.95%.

Forge Auto International  (NSE:FORGEAUTO) 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.

Forge Auto International ROCE % Related Terms

Forge Auto International ROCE % Historical Data

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The historical data trend for Forge Auto International'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.

Forge Auto International ROCE % Chart

Forge Auto International Annual Data
Trend Mar22 Mar23 Mar24 Mar25
ROCE %
33.08 47.58 40.65 30.95

Forge Auto International Semi-Annual Data
Mar22 Mar23 Mar24 Mar25
ROCE % 33.08 47.58 40.65 30.95
NSE:FORGEAUTO
16GF Score
Forge Auto International Ltd NSE:FORGEAUTO
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Forge Auto International ROCE % Calculation

Forge Auto International's annualized ROCE % for the fiscal year that ended in Mar. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=172.754/( ( (949.417 - 572.934) + (1349.938 - 610.203) )/ 2 )
=172.754/( (376.483+739.735)/ 2 )
=172.754/558.109
=30.95 %

Forge Auto International's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2025 )  (Q: Mar. 2024 )(Q: Mar. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2025 )  (Q: Mar. 2024 )(Q: Mar. 2025 )
=172.754/( ( (949.417 - 572.934) + (1349.938 - 610.203) )/ 2 )
=172.754/( ( 376.483 + 739.735 )/ 2 )
=172.754/558.109
=30.95 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2025) 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 30.95% mean?
Forge Auto International (NSE:FORGEAUTO) has a ROCE % of 30.95% as of Mar. 2025.
Is Forge Auto International's ROCE % too high?
Forge Auto International's current ROCE % is 30.95%. The Vehicles & Parts industry median ROCE % is 7.94. Forge Auto International's value of 30.95% is 289.8% above this industry median. Overall, Forge Auto International has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Forge Auto International's ROCE % compare to ORLY and AZO?
Forge Auto International's ROCE % of 30.95% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. Forge Auto International's value of 30.95% is 289.8% 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 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. Forge Auto International's current ROCE % of 30.95% is 289.8% 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 Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forge Auto International's current ROCE % is 30.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forge Auto International stock overvalued right now?
Forge Auto International (NSE:FORGEAUTO) has a current ROCE % of 30.95%. The current ROCE % is 30.95% and 289.8% above the Vehicles & Parts industry median of 7.94. Forge Auto International's overall GF Score™ is 16/100 with 3 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 Forge Auto International (NSE:FORGEAUTO), the current ROCE % is 30.95% as of Mar. 2025. 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.

Forge Auto International Business Description

Address Machhiwara Road, Village Mangarh, Kohara, Ludhiana, PB, IND, 141112
Forge Auto International Ltd is an engineering company engaged in forging and manufacturing of complex and safety-critical, forged and precision machined components such as big rings, small rings, big ball studs, gear blank with a broach, stub axle assembly, flange yoke 325 HS, catering to different industry sectors like auto industry including automobiles, tractors, railways etc. and non-auto sectors like agriculture parts, hydraulic parts, striking tools etc. It serves its customers comprising of domestic and global original equipment manufacturers (OEMs) engaged in manufacturing for both the automotive sector and other nonautomotive sector, used across industries by a diversified base of customers.
16GF Score

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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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