Maithan Alloys (NSE:MAITHANALL) ROCE %: -5.35% (As of Mar. 2026)


NSE:MAITHANALL Maithan Alloys Ltd NSE:MAITHANALL
81 GF Score
Price ₹1,013.20
GF Value ₹1,156.55
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Maithan Alloys ROCE %?

Maithan Alloys NSE:MAITHANALL -0.22% 81 ROCE % is -5.35% as of Mar. 2026. GuruFocus rates NSE:MAITHANALL with a GF Score™ of 81/100 and a GF Value™ of ₹1,156.55 (Modestly Undervalued). The stock has 5 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. Maithan Alloys's annualized ROCE % for the quarter that ended in Mar. 2026 was -5.35%.

Maithan Alloys  (NSE:MAITHANALL) 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.

Maithan Alloys ROCE % Related Terms

Maithan Alloys ROCE % Historical Data

* Premium members only.

The historical data trend for Maithan Alloys'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.

Maithan Alloys ROCE % Chart

Maithan Alloys 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 55.32 24.56 14.88 24.22 15.50

Maithan Alloys 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 -4.62 70.81 -11.42 11.23 -5.35
NSE:MAITHANALL
81GF Score
Maithan Alloys Ltd NSE:MAITHANALL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Maithan Alloys ROCE % Calculation

Maithan Alloys'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 )
=6480/( ( (48489.4 - 8476.9) + (48936.5 - 5341.8) )/ 2 )
=6480/( (40012.5+43594.7)/ 2 )
=6480/41803.6
=15.50 %

Maithan Alloys'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 )
=-2331.6/( ( (0 - 0) + (48936.5 - 5341.8) )/ 1 )
=-2331.6/( ( 0 + 43594.7 )/ 1 )
=-2331.6/43594.7
=-5.35 %

(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 -5.35% mean?
Maithan Alloys (NSE:MAITHANALL) has a ROCE % of -5.35% as of Mar. 2026.
Is Maithan Alloys' ROCE % too high?
Maithan Alloys' current ROCE % is -5.35%. Overall, Maithan Alloys has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maithan Alloys' ROCE % compare to NUE and STLD?
Maithan Alloys' ROCE % of -5.35% can be compared against companies in the Steel industry. The industry median ROCE % is 5.52. 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 Steel company?
The median ROCE % among Steel companies is 5.52, based on 619 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. 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 Steel industry, the median ROCE % is 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maithan Alloys's current ROCE % is -5.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maithan Alloys stock overvalued right now?
Based on GuruFocus' analysis, Maithan Alloys (NSE:MAITHANALL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,156.55, compared to a current price of ₹1,013.20 — trading 12.4% below its estimated fair value. The current ROCE % is -5.35%. Maithan Alloys' overall GF Score™ is 81/100 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 Maithan Alloys (NSE:MAITHANALL), the current ROCE % is -5.35% 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 Maithan Alloys (NSE:MAITHANALL) Overvalued in 2026?

Based on GuruFocus' analysis, Maithan Alloys stock appears to be undervalued. The current stock price of ₹1,013.20 is trading 12.4% below its estimated GF Value™ of ₹1,156.55. GuruFocus considers Maithan Alloys to be Modestly Undervalued.

Key valuation signals for NSE:MAITHANALL:

  • ROCE %: -5.35%
  • GF Value™: ₹1,156.55 vs. price of ₹1,013.20 (12.4% below fair value)
  • GF Score™: 81/100 with 5 warning signs

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

Maithan Alloys Business Description

Other Exchanges 590078:India
Address Village Debipur, P.O. Kalyaneshwari, District Paschim Bardhaman, Burdwan, WB, IND, 713369
Maithan Alloys Ltd is an India-based company engaged in the business of manufacturing and exporting all three bulk Ferroalloys- Ferro Manganese, Silico Manganese, and Ferro Silicon. It is also involved in the generation and supply of Wind Power and has a Captive Power Plant. Geographically the group has a business presence in India and Outside India, of which key revenue is derived from Outside India.
81GF Score

Get the complete analysis for NSE:MAITHANALL

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

₹1,013.20
Price
₹1,156.55
GF Value