Honeywell Automation India (NSE:HONAUT) ROCE %: 18.92% (As of Mar. 2026)


NSE:HONAUT Honeywell Automation India Ltd NSE:HONAUT
87 GF Score
Price ₹39,545.00
GF Value ₹46,492.18
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Honeywell Automation India ROCE %?

Honeywell Automation India NSE:HONAUT -0.28% 87 ROCE % is 18.92% as of Mar. 2026. GuruFocus rates NSE:HONAUT with a GF Score™ of 87/100 and a GF Value™ of ₹46,492.18 (Modestly Undervalued). The stock has 8 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. Honeywell Automation India's annualized ROCE % for the quarter that ended in Mar. 2026 was 18.92%.

Honeywell Automation India  (NSE:HONAUT) 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.

Honeywell Automation India ROCE % Related Terms

Honeywell Automation India ROCE % Historical Data

* Premium members only.

The historical data trend for Honeywell Automation India'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.

Honeywell Automation India ROCE % Chart

Honeywell Automation India 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 16.60 19.44 19.67 18.21 16.46

Honeywell Automation India 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 18.53 16.39 15.19 15.76 18.92
NSE:HONAUT
87GF Score
Honeywell Automation India Ltd NSE:HONAUT
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honeywell Automation India ROCE % Calculation

Honeywell Automation India'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 )
=7185/( ( (56046 - 14577) + (62290 - 16477) )/ 2 )
=7185/( (41469+45813)/ 2 )
=7185/43641
=16.46 %

Honeywell Automation India'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 )
=8668/( ( (0 - 0) + (62290 - 16477) )/ 1 )
=8668/( ( 0 + 45813 )/ 1 )
=8668/45813
=18.92 %

(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 18.92% mean?
Honeywell Automation India (NSE:HONAUT) has a ROCE % of 18.92% as of Mar. 2026.
Is Honeywell Automation India's ROCE % too high?
Honeywell Automation India's current ROCE % is 18.92%. The Industrial Products industry median ROCE % is 7.05. Honeywell Automation India's value of 18.92% is 168.6% above this industry median. Overall, Honeywell Automation India has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell Automation India's ROCE % compare to VRT and BE?
Honeywell Automation India's ROCE % of 18.92% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.05. Honeywell Automation India's value of 18.92% is 168.6% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.05, based on 3,026 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. Honeywell Automation India's current ROCE % of 18.92% is 168.6% 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 Industrial Products industry, the median ROCE % is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Automation India's current ROCE % is 18.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Automation India stock overvalued right now?
Based on GuruFocus' analysis, Honeywell Automation India (NSE:HONAUT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹46,492.18, compared to a current price of ₹39,545.00 — trading 14.9% below its estimated fair value. The current ROCE % is 18.92% and 168.6% above the Industrial Products industry median of 7.05. Honeywell Automation India's overall GF Score™ is 87/100 with 8 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 Honeywell Automation India (NSE:HONAUT), the current ROCE % is 18.92% 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 Honeywell Automation India (NSE:HONAUT) Overvalued in 2026?

Based on GuruFocus' analysis, Honeywell Automation India stock appears to be undervalued. The current stock price of ₹39,545.00 is trading 14.9% below its estimated GF Value™ of ₹46,492.18. GuruFocus considers Honeywell Automation India to be Modestly Undervalued.

Key valuation signals for NSE:HONAUT:

  • ROCE %: 18.92%
  • GF Value™: ₹46,492.18 vs. price of ₹39,545.00 (14.9% below fair value)
  • GF Score™: 87/100 with 8 warning signs
  • Industry Position: 168.6% above the Industrial Products median

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

Honeywell Automation India Business Description

Other Exchanges 517174:India
Address 56 and 57, Hadapsar Industrial Estate, Pune, MH, IND, 411013
Honeywell Automation India Ltd provides automation and control systems in India and internationally. The company offers distributed control systems, transmitters, programmable logic controllers, emergency shutdown systems, quality control systems, software solutions, industrial Internet of Things solutions, and comprehensive life cycle services. It also provides building management systems, fire detection and alarm systems, access control systems, video surveillance systems, integrated security systems, and integrated building management systems. The company operates in a single segment, Automation and Control Systems, and derives a majority of its revenue from India.
87GF Score

Get the complete analysis for NSE:HONAUT

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

₹39,545.00
Price
₹46,492.18
GF Value