KEC International (NSE:KEC) ROCE %: 23.92% (As of Mar. 2026)


NSE:KEC KEC International Ltd NSE:KEC
81 GF Score
Price ₹528.15
GF Value ₹860.18
Valuation Possible Value Trap
! 6 Warning Signs
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What is KEC International ROCE %?

KEC International NSE:KEC -0.56% 81 ROCE % is 23.92% as of Mar. 2026. GuruFocus rates NSE:KEC with a GF Score™ of 81/100 and a GF Value™ of ₹860.18 (Possible Value Trap). The stock has 6 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. KEC International's annualized ROCE % for the quarter that ended in Mar. 2026 was 23.92%.

KEC International  (NSE:KEC) 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.

KEC International ROCE % Related Terms

KEC International ROCE % Historical Data

* Premium members only.

The historical data trend for KEC International'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.

KEC International ROCE % Chart

KEC International 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 17.76 15.98 24.04 26.62 22.17

KEC International 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 34.44 20.80 24.41 21.02 23.92
NSE:KEC
81GF Score
KEC International Ltd NSE:KEC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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KEC International ROCE % Calculation

KEC International'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 )
=14527.4/( ( (221799.2 - 162268.8) + (251580.6 - 180078.1) )/ 2 )
=14527.4/( (59530.4+71502.5)/ 2 )
=14527.4/65516.45
=22.17 %

KEC International'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 )
=17103.2/( ( (0 - 0) + (251580.6 - 180078.1) )/ 1 )
=17103.2/( ( 0 + 71502.5 )/ 1 )
=17103.2/71502.5
=23.92 %

(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 23.92% mean?
KEC International (NSE:KEC) has a ROCE % of 23.92% as of Mar. 2026.
Is KEC International's ROCE % too high?
KEC International's current ROCE % is 23.92%. The Construction industry median ROCE % is 8.22. KEC International's value of 23.92% is 191% above this industry median. Overall, KEC International has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KEC International's ROCE % compare to PWR and FIX?
KEC International's ROCE % of 23.92% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. KEC International's value of 23.92% is 191% 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 a Construction company?
The median ROCE % among Construction companies is 8.22, based on 1,754 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. KEC International's current ROCE % of 23.92% is 191% 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 Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KEC International's current ROCE % is 23.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KEC International stock overvalued right now?
Based on GuruFocus' analysis, KEC International (NSE:KEC) is currently considered Possible Value Trap. The stock's GF Value™ is ₹860.18, compared to a current price of ₹528.15 — trading 38.6% below its estimated fair value. The current ROCE % is 23.92% and 191% above the Construction industry median of 8.22. KEC International's overall GF Score™ is 81/100 with 6 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 KEC International (NSE:KEC), the current ROCE % is 23.92% 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 KEC International (NSE:KEC) Overvalued in 2026?

Based on GuruFocus' analysis, KEC International stock appears to be undervalued. The current stock price of ₹528.15 is trading 38.6% below its estimated GF Value™ of ₹860.18. GuruFocus considers KEC International to be Possible Value Trap.

Key valuation signals for NSE:KEC:

  • ROCE %: 23.92%
  • GF Value™: ₹860.18 vs. price of ₹528.15 (38.6% below fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 191% above the Construction median

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

KEC International Business Description

Other Exchanges 532714:India
Address 463, Dr. Annie Besant Road, RPG House, Worli, Mumbai, MH, IND, 400 030
KEC International Ltd is an infrastructure engineering, procurement, and construction company. It has a presence in power transmission and distribution, cable manufacturing, railway construction, water resource management, and renewable energy sectors. The company's business segments include EPC and Others. The company generates the majority of its revenue from the EPC segment. Geographically the company generates revenue from India, UAE, Brazil, Mexico & USA, and Others.
81GF Score

Get the complete analysis for NSE:KEC

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

₹528.15
Price
₹860.18
GF Value