Maitreya Medicare (NSE:MAITREYA) ROCE %: 36.40% (As of Sep. 2023)


NSE:MAITREYA Maitreya Medicare Ltd NSE:MAITREYA
18 GF Score
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What is Maitreya Medicare ROCE %?

Maitreya Medicare NSE:MAITREYA -0.11% 18 ROCE % is 36.40% as of Sep. 2023. GuruFocus rates NSE:MAITREYA with a GF Score™ of 18/100.

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. Maitreya Medicare's annualized ROCE % for the quarter that ended in Sep. 2023 was 36.40%.

Maitreya Medicare  (NSE:MAITREYA) 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.

Maitreya Medicare ROCE % Related Terms

Maitreya Medicare ROCE % Historical Data

* Premium members only.

The historical data trend for Maitreya Medicare'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.

Maitreya Medicare ROCE % Chart

Maitreya Medicare Annual Data
Trend Mar21 Mar22 Mar23
ROCE %
35.42 12.29 33.72

Maitreya Medicare Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
ROCE % 0.00 0.00 0.00 36.40
NSE:MAITREYA
18GF Score
Maitreya Medicare Ltd NSE:MAITREYA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Maitreya Medicare ROCE % Calculation

Maitreya Medicare's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=64.719/( ( (244.879 - 67.612) + (274.989 - 68.428) )/ 2 )
=64.719/( (177.267+206.561)/ 2 )
=64.719/191.914
=33.72 %

Maitreya Medicare's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=78.58/( ( (274.989 - 68.428) + (312.231 - 87.038) )/ 2 )
=78.58/( ( 206.561 + 225.193 )/ 2 )
=78.58/215.877
=36.40 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) 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 36.40% mean?
Maitreya Medicare (NSE:MAITREYA) has a ROCE % of 36.40% as of Sep. 2023.
Is Maitreya Medicare's ROCE % too high?
Maitreya Medicare's current ROCE % is 36.40%. The Healthcare Providers & Services industry median ROCE % is 6.43. Maitreya Medicare's value of 36.40% is 466.1% above this industry median. Overall, Maitreya Medicare has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Maitreya Medicare's ROCE % compare to HCA and DVA?
Maitreya Medicare's ROCE % of 36.40% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROCE % is 6.43. Maitreya Medicare's value of 36.40% is 466.1% 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 Healthcare Providers & Services company?
The median ROCE % among Healthcare Providers & Services companies is 6.43, based on 645 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. Maitreya Medicare's current ROCE % of 36.40% is 466.1% 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 Healthcare Providers & Services industry, the median ROCE % is 6.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maitreya Medicare's current ROCE % is 36.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maitreya Medicare stock overvalued right now?
Maitreya Medicare (NSE:MAITREYA) has a current ROCE % of 36.40%. The current ROCE % is 36.40% and 466.1% above the Healthcare Providers & Services industry median of 6.43. Maitreya Medicare's overall GF Score™ is 18/100. 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 Maitreya Medicare (NSE:MAITREYA), the current ROCE % is 36.40% as of Sep. 2023. 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.

Maitreya Medicare Business Description

Address Nr. Someshwara Char Rasta, Udhana - Magdalla Road, Surat, GJ, IND, 395007
Maitreya Medicare Ltd is Multi Superspeciality hospital. It is a 125 bedded hospital that provides multi-disciplinary integrated healthcare services, with a focus on primary secondary & tertiary care, and also offers a comprehensive range of healthcare services across over 18 specialties and super specialties, including Cardiology, Urology, Oncology, Laparoscopic Surgery, Neurology, Neurosurgery, Spine Surgery, Nephrology including Dialysis, Gastroenterology, Gastrointestinal surgery, Cardiothoracic Surgery, Oncosurgery, Orthopedic Surgery including joint replacements and Arthroscopic surgeries, Gynecology & High-Risk Obstetrics, Hepatocellular Billary Surgery, Critical Care Medicine etc.
18GF Score

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

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