Frog Innovations (NSE:FROG) ROCE %: 1.15% (As of Sep. 2025)


NSE:FROG Frog Innovations Ltd NSE:FROG
70 GF Score
Price ₹168.05
GF Value ₹344.02
Valuation Possible Value Trap
! 3 Warning Signs
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What is Frog Innovations ROCE %?

Frog Innovations NSE:FROG +4.97% 70 ROCE % is 1.15% as of Sep. 2025. GuruFocus rates NSE:FROG with a GF Score™ of 70/100 and a GF Value™ of ₹344.02 (Possible Value Trap). 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. Frog Innovations's annualized ROCE % for the quarter that ended in Sep. 2025 was 1.15%.

Frog Innovations  (NSE:FROG) 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.

Frog Innovations ROCE % Related Terms

Frog Innovations ROCE % Historical Data

* Premium members only.

The historical data trend for Frog Innovations'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.

Frog Innovations ROCE % Chart

Frog Innovations Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROCE %
Get a 7-Day Free Trial 27.41 31.06 22.03 16.17 22.78

Frog Innovations Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.75 19.75 9.89 35.44 1.15
NSE:FROG
70GF Score
Frog Innovations Ltd NSE:FROG
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Frog Innovations ROCE % Calculation

Frog Innovations'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 )
=338.68/( ( (1581.486 - 228.867) + (2199.14 - 578.157) )/ 2 )
=338.68/( (1352.619+1620.983)/ 2 )
=338.68/1486.801
=22.78 %

Frog Innovations's ROCE % of for the quarter that ended in Sep. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=19.112/( ( (2199.14 - 578.157) + (2007.329 - 317.846) )/ 2 )
=19.112/( ( 1620.983 + 1689.483 )/ 2 )
=19.112/1655.233
=1.15 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 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 1.15% mean?
Frog Innovations (NSE:FROG) has a ROCE % of 1.15% as of Sep. 2025.
Is Frog Innovations' ROCE % too high?
Frog Innovations' current ROCE % is 1.15%. The Hardware industry median ROCE % is 5.83. Frog Innovations' value of 1.15% is 80.3% below this industry median. Overall, Frog Innovations has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Frog Innovations' ROCE % compare to CSCO and CIEN?
Frog Innovations' ROCE % of 1.15% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.83. Frog Innovations' value of 1.15% is 80.3% below 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. Frog Innovations's current ROCE % of 1.15% is 80.3% below 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. Frog Innovations's current ROCE % is 1.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frog Innovations stock overvalued right now?
Based on GuruFocus' analysis, Frog Innovations (NSE:FROG) is currently considered Possible Value Trap. The stock's GF Value™ is ₹344.02, compared to a current price of ₹168.05 — trading 51.2% below its estimated fair value. The current ROCE % is 1.15% and 80.3% below the Hardware industry median of 5.83. Frog Innovations' overall GF Score™ is 70/100 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 Frog Innovations (NSE:FROG), the current ROCE % is 1.15% as of Sep. 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.

Is Frog Innovations (NSE:FROG) Overvalued in 2026?

Based on GuruFocus' analysis, Frog Innovations stock appears to be undervalued. The current stock price of ₹168.05 is trading 51.2% below its estimated GF Value™ of ₹344.02. GuruFocus considers Frog Innovations to be Possible Value Trap.

Key valuation signals for NSE:FROG:

  • ROCE %: 1.15%
  • GF Value™: ₹344.02 vs. price of ₹168.05 (51.2% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 80.3% below the Hardware median

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

Frog Innovations Business Description

Address C-23, Sector 80, 2nd Floor, Phase 2, Noida, UP, IND, 201305
Frog Innovations Ltd is a company engaged in manufacturing telecom equipment used by telecom operators, especially in Telecom Towers. The company manufactures 2G/3G/4G/5G Multi-band Digital RF Repeaters, Multi-band Frequency Shift Repeaters, Multi-band Optical DAS systems, relative software, and accessories. The company also offers In-Building Coverage Planning and Design services along with Radio Access Network (RAN) and Backhaul Network installation services. The company collectively operates only in one business segment manufacturing and installation of in-building coverage solutions and mobile network accessories for mobile service providers and operators. It provides its products and services across Asia, Europe, Africa, and the Middle East.
70GF Score

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

₹168.05
Price
₹344.02
GF Value