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. Marco Cables and Conductors's annualized ROCE % for the quarter that ended in Mar. 2026 was 20.37%.
Marco Cables and Conductors (NSE:MARCO) 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.
Marco Cables and Conductors ROCE % Related Terms
Marco Cables and Conductors ROCE % Historical 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.
(1) Note:
The EBIT data used here is two times the semi-annual (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.
Marco Cables and Conductors (NSE:MARCO) has a ROCE % of 20.37% as of Mar. 2026.
Is Marco Cables and Conductors' ROCE % too high?
Marco Cables and Conductors' current ROCE % is 20.37%. The Industrial Products industry median ROCE % is 7.04. Marco Cables and Conductors' value of 20.37% is 189.3% above this industry median. Overall, Marco Cables and Conductors has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Marco Cables and Conductors' ROCE % compare to VRT and BE?
Marco Cables and Conductors' ROCE % of 20.37% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.04. Marco Cables and Conductors' value of 20.37% is 189.3% 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 Products company?
The median ROCE % among Industrial Products companies is 7.04, based on 3,023 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. Marco Cables and Conductors's current ROCE % of 20.37% is 189.3% 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 Products industry, the median ROCE % is 7.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marco Cables and Conductors's current ROCE % is 20.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marco Cables and Conductors stock overvalued right now?
Based on GuruFocus' analysis, Marco Cables and Conductors (NSE:MARCO) is currently considered Possible Value Trap. The stock's GF Value™ is ₹66.44, compared to a current price of ₹33.60 — trading 49.4% below its estimated fair value. The current ROCE % is 20.37% and 189.3% above the Industrial Products industry median of 7.04. Marco Cables and Conductors' overall GF Score™ is 58/100 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 Marco Cables and Conductors (NSE:MARCO), the current ROCE % is 20.37% 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 Marco Cables and Conductors (NSE:MARCO) Overvalued in 2026?
Based on GuruFocus' analysis, Marco Cables and Conductors stock appears to be undervalued.
The current stock price of ₹33.60 is trading 49.4% below its estimated GF Value™ of ₹66.44.
GuruFocus considers Marco Cables and Conductors to be Possible Value Trap.
Key valuation signals for NSE:MARCO:
ROCE %: 20.37%
GF Value™: ₹66.44 vs. price of ₹33.60 (49.4% below fair value)
Industry Position: 189.3% above the Industrial Products median
No single metric tells the full story. See the NSE:MARCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marco Cables and Conductors Ltd is engaged in the business of manufacturing and selling wires, cables wires and conductors in India. The company commenced its operations with the manufacturing of wires (with aluminium/copper conductor), LT XLPE cables, LT PVC cables, and LT Aerial Bunched Cables, including AAAC (All Aluminium Alloy Conductor) and ACSR (Aluminium Conductor Steel Reinforced) Conductors. Geographically the company operates in India only. The company generates all of its revenue from the sale of finished products.
58GF Score
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