Master Trust (NSE:MASTERTR) ROCE %: 20.04% (As of Mar. 2026)


NSE:MASTERTR Master Trust Ltd NSE:MASTERTR
70 GF Score
Price ₹76.21
GF Value ₹146.66
Valuation Possible Value Trap
! 3 Warning Signs
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What is Master Trust ROCE %?

Master Trust NSE:MASTERTR -2.46% 70 ROCE % is 20.04% as of Mar. 2026. GuruFocus rates NSE:MASTERTR with a GF Score™ of 70/100 and a GF Value™ of ₹146.66 (Possible Value Trap). The stock has 3 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. Master Trust's annualized ROCE % for the quarter that ended in Mar. 2026 was 20.04%.

Master Trust  (NSE:MASTERTR) 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.

Master Trust ROCE % Related Terms

Master Trust ROCE % Historical Data

* Premium members only.

The historical data trend for Master Trust'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.

Master Trust ROCE % Chart

Master Trust 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 26.28 26.44 38.09 38.86 24.35

Master Trust 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 32.31 31.32 21.56 22.22 20.04
NSE:MASTERTR
70GF Score
Master Trust Ltd NSE:MASTERTR
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Master Trust ROCE % Calculation

Master Trust'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 )
=2318.5/( ( (19528.78 - 13060.69) + (22442.8 - 9868.7) )/ 2 )
=2318.5/( (6468.09+12574.1)/ 2 )
=2318.5/9521.095
=24.35 %

Master Trust'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 )
=2520/( ( (0 - 0) + (22442.8 - 9868.7) )/ 1 )
=2520/( ( 0 + 12574.1 )/ 1 )
=2520/12574.1
=20.04 %

(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 20.04% mean?
Master Trust (NSE:MASTERTR) has a ROCE % of 20.04% as of Mar. 2026.
Is Master Trust's ROCE % too high?
Master Trust's current ROCE % is 20.04%. The Capital Markets industry median ROCE % is 5.58. Master Trust's value of 20.04% is 259.5% above this industry median. Overall, Master Trust has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Master Trust's ROCE % compare to MS and GS?
Master Trust's ROCE % of 20.04% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.58. Master Trust's value of 20.04% is 259.5% 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 Capital Markets company?
The median ROCE % among Capital Markets companies is 5.58, based on 690 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. Master Trust's current ROCE % of 20.04% is 259.5% 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 Capital Markets industry, the median ROCE % is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Master Trust's current ROCE % is 20.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Master Trust stock overvalued right now?
Based on GuruFocus' analysis, Master Trust (NSE:MASTERTR) is currently considered Possible Value Trap. The stock's GF Value™ is ₹146.66, compared to a current price of ₹76.21 — trading 48% below its estimated fair value. The current ROCE % is 20.04% and 259.5% above the Capital Markets industry median of 5.58. Master Trust's overall GF Score™ is 70/100 with 3 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 Master Trust (NSE:MASTERTR), the current ROCE % is 20.04% 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 Master Trust (NSE:MASTERTR) Overvalued in 2026?

Based on GuruFocus' analysis, Master Trust stock appears to be undervalued. The current stock price of ₹76.21 is trading 48% below its estimated GF Value™ of ₹146.66. GuruFocus considers Master Trust to be Possible Value Trap.

Key valuation signals for NSE:MASTERTR:

  • ROCE %: 20.04%
  • GF Value™: ₹146.66 vs. price of ₹76.21 (48% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 259.5% above the Capital Markets median

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

Master Trust Business Description

Other Exchanges 511768:India
Address 19, Barakhamba Road, 1012, 10th Floor, Arunachal Building, New Delhi, IND, 110001
Master Trust Ltd is a non-banking financial company based in India. It is engaged in the business of lending, sales, and purchases of securities and lands. It offers services broker-assisted trade execution and automated online investing, commodity futures, clearing services for all securities transactions, and other related services. The company operates in two segments, which are Interest and Investment/Trading in Securities & others. The majority of revenue is derived from the Interest segment.
70GF Score

Get the complete analysis for NSE:MASTERTR

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

₹76.21
Price
₹146.66
GF Value