Marshall Machines (NSE:MARSHALL) ROCE %: -3.95% (As of Mar. 2024)


NSE:MARSHALL Marshall Machines Ltd NSE:MARSHALL
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What is Marshall Machines ROCE %?

Marshall Machines NSE:MARSHALL 4 ROCE % is -3.95% as of Mar. 2024. GuruFocus rates NSE:MARSHALL with a GF Score™ of 4/100.

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. Marshall Machines's annualized ROCE % for the quarter that ended in Mar. 2024 was -3.95%.

Marshall Machines  (NSE:MARSHALL) 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.

Marshall Machines ROCE % Related Terms

Marshall Machines ROCE % Historical Data

* Premium members only.

The historical data trend for Marshall Machines'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.

Marshall Machines ROCE % Chart

Marshall Machines Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.27 5.87 0.05 -8.37 -4.67

Marshall Machines Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 2.99 -7.31 -10.36 -7.07 -3.95
NSE:MARSHALL
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Marshall Machines Ltd NSE:MARSHALL
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Marshall Machines ROCE % Calculation

Marshall Machines's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=-35.508/( ( (1412.895 - 803.088) + (1563.156 - 651.792) )/ 2 )
=-35.508/( (609.807+911.364)/ 2 )
=-35.508/760.5855
=-4.67 %

Marshall Machines's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=-29.252/( ( (1392.746 - 821.372) + (1563.156 - 651.792) )/ 2 )
=-29.252/( ( 571.374 + 911.364 )/ 2 )
=-29.252/741.369
=-3.95 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2024) 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 -3.95% mean?
Marshall Machines (NSE:MARSHALL) has a ROCE % of -3.95% as of Mar. 2024.
Is Marshall Machines' ROCE % too high?
Marshall Machines' current ROCE % is -3.95%. Overall, Marshall Machines has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Marshall Machines' ROCE % compare to ETN and PH?
Marshall Machines' ROCE % of -3.95% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.00. 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 7.00, based on 3,029 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 Industrial Products industry, the median ROCE % is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marshall Machines's current ROCE % is -3.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marshall Machines stock overvalued right now?
Marshall Machines (NSE:MARSHALL) has a current ROCE % of -3.95%. The current ROCE % is -3.95%. Marshall Machines' overall GF Score™ is 4/100. 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 Marshall Machines (NSE:MARSHALL), the current ROCE % is -3.95% as of Mar. 2024. 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.

Marshall Machines Business Description

Address C 86, Phase-V, Focal Point, Ludhiana, PB, IND, 141010
Marshall Machines Ltd is an India based company is engaged in the business of developing, manufacturing and marketing of Machine Tool Equipment including wide range of single spindle, patented double and four spindle CNC machines, automated robotic solutions and patent pending IoTQ suite of intelligent equipment. Its products and services are offered to a wide range of industries including manufacturers of Axles, Crankshafts, Auto Parts, Fans, Pumps, Bearings, Gear Blanks, and Bushes among others. The company sells its products in India and also exports it to other countries, of which key revenue is generated from sales made within the country.
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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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