Jio Financial Services (NSE:JIOFIN) ROCE %: 1.56% (As of Mar. 2026)

What is Jio Financial Services ROCE %?

Jio Financial Services NSE:JIOFIN +0.23% 61 ROCE % is 1.56% as of Mar. 2026. GuruFocus rates NSE:JIOFIN with a GF Score™ of 61/100 and a GF Value™ of ₹788.96 (Possible Value Trap). The stock has 4 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. Jio Financial Services's annualized ROCE % for the quarter that ended in Mar. 2026 was 1.56%.

Jio Financial Services (NSE:JIOFIN) 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.

Jio Financial Services ROCE % Related Terms

Jio Financial Services ROCE % Historical Data

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The historical data trend for Jio Financial Services'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.

Jio Financial Services ROCE % Chart

Jio Financial Services Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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8.25

0.09

1.52

1.42

1.80

Jio Financial Services Quarterly Data
	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															1.23	1.58	2.41	1.53	1.56

61GF Score

Jio Financial Services Ltd NSE:JIOFIN

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Jio Financial Services ROCE % Calculation

Jio Financial Services'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 )
	=	26567.5	/	( ( (1335099.4 - 24466.5)	+	(1634970.8 - 971.1) )	/ 2 )
	=	26567.5	/	( (1310632.9	+	1633999.7)	/ 2 )
	=	26567.5	/	1472316.3
	=	1.80 %

Jio Financial Services'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 )
	=	25464.8	/	( ( (0 - 0)	+	(1634970.8 - 971.1) )	/ 1 )
	=	25464.8	/	( ( 0	+	1633999.7 )	/ 1 )
	=	25464.8	/	1633999.7
	=	1.56 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 1.56% mean?

Jio Financial Services (NSE:JIOFIN) has a ROCE % of 1.56% as of Mar. 2026.

Is Jio Financial Services' ROCE % too high?

Jio Financial Services' current ROCE % is 1.56%. The Asset Management industry median ROCE % is 4.39. Jio Financial Services' value of 1.56% is 64.5% below this industry median. Overall, Jio Financial Services has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Jio Financial Services' ROCE % compare to BLK and BX?

Jio Financial Services' ROCE % of 1.56% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.39. Jio Financial Services' value of 1.56% is 64.5% 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 an Asset Management company?

The median ROCE % among Asset Management companies is 4.39, based on 707 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. Jio Financial Services's current ROCE % of 1.56% is 64.5% 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 Asset Management industry, the median ROCE % is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jio Financial Services's current ROCE % is 1.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Jio Financial Services stock overvalued right now?

Based on GuruFocus' analysis, Jio Financial Services (NSE:JIOFIN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹788.96, compared to a current price of ₹239.43 — trading 69.7% below its estimated fair value. The current ROCE % is 1.56% and 64.5% below the Asset Management industry median of 4.39. Jio Financial Services' overall GF Score™ is 61/100 with 4 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 Jio Financial Services (NSE:JIOFIN), the current ROCE % is 1.56% 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 Jio Financial Services (NSE:JIOFIN) Overvalued in 2026?

Based on GuruFocus' analysis, Jio Financial Services stock appears to be undervalued. The current stock price of ₹239.43 is trading 69.7% below its estimated GF Value™ of ₹788.96. GuruFocus considers Jio Financial Services to be Possible Value Trap.

Key valuation signals for NSE:JIOFIN:

ROCE %: 1.56%
GF Value™: ₹788.96 vs. price of ₹239.43 (69.7% below fair value)
GF Score™: 61/100 with 4 warning signs
Industry Position: 64.5% below the Asset Management median

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

Jio Financial Services Business Description

Industry Financial Services Asset Management

Comparable Companies NSE:ICICIAMC BOM:541729 BOM:500490 BOM:540767 BOM:542772 BOM:501301 BOM:543374 BOM:543415 BOM:543988 BOM:500266 BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT OSTO:EQT AMP

Other Exchanges 543940:India

Address Bandra Kurla Complex, 1st Floor, Building 4NA, Maker Maxity, Bandra East, Mumbai, MH, IND, 400051

Website https://www.jfs.in

Jio Financial Services Ltd is a core investment company, non-deposit taking, systemically important (CIC-ND-SI). Along with its subsidiaries, joint ventures, and associates, it is engaged in the business of Investing and Financing, mainly Leasing, Insurance broking, Payment Bank, Payment Aggregator, and Payment Gateway services.

61GF Score

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

₹239.43

Price

₹788.96

GF Value

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