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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. HI-Green Carbon's annualized ROCE % for the quarter that ended in Mar. 2026 was 3.47%.
HI-Green Carbon (NSE:HIGREEN) 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.
HI-Green Carbon ROCE % Related Terms
HI-Green Carbon ROCE % Historical Data
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The historical data trend for HI-Green Carbon'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.
(1) Note:
The EBIT data used here is two times the semi-annual (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.
HI-Green Carbon (NSE:HIGREEN) has a ROCE % of 3.47% as of Mar. 2026.
Is HI-Green Carbon's ROCE % too high?
HI-Green Carbon's current ROCE % is 3.47%. The Chemicals industry median ROCE % is 6.54. HI-Green Carbon's value of 3.47% is 46.9% below this industry median. Overall, HI-Green Carbon has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HI-Green Carbon's ROCE % compare to LIN and SHW?
HI-Green Carbon's ROCE % of 3.47% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.54. HI-Green Carbon's value of 3.47% is 46.9% 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 Chemicals company?
The median ROCE % among Chemicals companies is 6.54, based on 1,590 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. HI-Green Carbon's current ROCE % of 3.47% is 46.9% 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 Chemicals industry, the median ROCE % is 6.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HI-Green Carbon's current ROCE % is 3.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HI-Green Carbon stock overvalued right now?
Based on GuruFocus' analysis, HI-Green Carbon (NSE:HIGREEN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹332.16, compared to a current price of ₹137.50 — trading 58.6% below its estimated fair value. The current ROCE % is 3.47% and 46.9% below the Chemicals industry median of 6.54. HI-Green Carbon's overall GF Score™ is 58/100 with 5 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 HI-Green Carbon (NSE:HIGREEN), the current ROCE % is 3.47% 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 HI-Green Carbon (NSE:HIGREEN) Overvalued in 2026?
Based on GuruFocus' analysis, HI-Green Carbon stock appears to be undervalued.
The current stock price of ₹137.50 is trading 58.6% below its estimated GF Value™ of ₹332.16.
GuruFocus considers HI-Green Carbon to be Possible Value Trap.
Key valuation signals for NSE:HIGREEN:
ROCE %: 3.47%
GF Value™: ₹332.16 vs. price of ₹137.50 (58.6% below fair value)
Industry Position: 46.9% below the Chemicals median
No single metric tells the full story. See the NSE:HIGREEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hi-Green Carbon Ltd is engaged in the business of recycling waste tires using a continuous pyrolysis process at its manufacturing plant in Rajasthan, India. The process produces energy components and raw materials such as Recovered Carbon Black (rCB), steel wires, fuel oil, and synthesis gas. The company operates an integrated, automated plant with a capacity to recycle tons of waste tires per day and adheres to various environmental, health, safety, and quality certifications. Hi-Green Carbon is expanding its production capacity with plans for new manufacturing units to enhance production and sustainability efforts. Revenue comes from the sale of these recycled products and by-products.
58GF Score
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