Hvax Technologies (NSE:HVAX) ROCE %: 31.49% (As of Mar. 2025)

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NSE:HVAX Hvax Technologies Ltd NSE:HVAX
18 GF Score
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What is Hvax Technologies ROCE %?

Hvax Technologies NSE:HVAX 18 ROCE % is 31.49% as of Mar. 2025. GuruFocus rates NSE:HVAX with a GF Score™ of 18/100. 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. Hvax Technologies's annualized ROCE % for the quarter that ended in Mar. 2025 was 31.49%.

Hvax Technologies  (NSE:HVAX) 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.

Hvax Technologies ROCE % Related Terms

Hvax Technologies ROCE % Historical Data

* Premium members only.

The historical data trend for Hvax Technologies'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.

Hvax Technologies ROCE % Chart

Hvax Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
ROCE %
43.23 41.58 43.44 46.96 31.49

Hvax Technologies Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
ROCE % 43.23 41.58 43.44 46.96 31.49
NSE:HVAX
18GF Score
Hvax Technologies Ltd NSE:HVAX
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hvax Technologies ROCE % Calculation

Hvax Technologies'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 )
=172.998/( ( (636.632 - 292.182) + (1215.608 - 461.222) )/ 2 )
=172.998/( (344.45+754.386)/ 2 )
=172.998/549.418
=31.49 %

Hvax Technologies'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 )
=172.998/( ( (636.632 - 292.182) + (1215.608 - 461.222) )/ 2 )
=172.998/( ( 344.45 + 754.386 )/ 2 )
=172.998/549.418
=31.49 %

(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 31.49% mean?
Hvax Technologies (NSE:HVAX) has a ROCE % of 31.49% as of Mar. 2025.
Is Hvax Technologies' ROCE % too high?
Hvax Technologies' current ROCE % is 31.49%. The Industrial Distribution industry median ROCE % is 9.50. Hvax Technologies' value of 31.49% is 231.5% above this industry median. Overall, Hvax Technologies has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Hvax Technologies' ROCE % compare to GWW and FAST?
Hvax Technologies' ROCE % of 31.49% can be compared against companies in the Industrial Distribution industry. The industry median ROCE % is 9.50. Hvax Technologies' value of 31.49% is 231.5% 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 Distribution company?
The median ROCE % among Industrial Distribution companies is 9.50, based on 158 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. Hvax Technologies's current ROCE % of 31.49% is 231.5% 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 Distribution industry, the median ROCE % is 9.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hvax Technologies's current ROCE % is 31.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hvax Technologies stock overvalued right now?
Hvax Technologies (NSE:HVAX) has a current ROCE % of 31.49%. The current ROCE % is 31.49% and 231.5% above the Industrial Distribution industry median of 9.50. Hvax Technologies' overall GF Score™ is 18/100 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 Hvax Technologies (NSE:HVAX), the current ROCE % is 31.49% 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.

Hvax Technologies Business Description

Address I-Think Techno Campus, 601, 6th Floor, Lodha Supremus, Nehru Nagar, Kanjurmarg (East), Mumbai, MH, IND, 400042
Hvax Technologies Ltd is engaged in the business of turnkey projects on engineering, procurement, and execution of controlled environment infrastructure and cleanrooms; design, engineering, and consultancy services for pharma and healthcare companies. As a part of turnkey projects, the company supplies the following third-party manufactured products: Cleanroom wall panels, Cleanroom ceiling panels, Covings, riser panels, cleanroom doors, flooring systems, pass boxes, air showers, LT/HT electrical panels, pre-fabricated galvanized iron (GI) ducts, air handling units, chillers, Building Management Systems (BMS) Equipment, and Utility generation and distribution equipment.
18GF Score

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