MMTC (NSE:MMTC) ROCE %: 20.49% (As of Mar. 2026)


NSE:MMTC MMTC Ltd NSE:MMTC
67 GF Score
Price ₹67.14
GF Value ₹63.45
Valuation Fairly Valued
! 2 Warning Signs
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What is MMTC ROCE %?

MMTC NSE:MMTC -0.90% 67 ROCE % is 20.49% as of Mar. 2026. GuruFocus rates NSE:MMTC with a GF Score™ of 67/100 and a GF Value™ of ₹63.45 (Fairly Valued). The stock has 2 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. MMTC's annualized ROCE % for the quarter that ended in Mar. 2026 was 20.49%.

MMTC  (NSE:MMTC) 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.

MMTC ROCE % Related Terms

MMTC ROCE % Historical Data

* Premium members only.

The historical data trend for MMTC'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.

MMTC ROCE % Chart

MMTC 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 1,518.54 278.70 13.05 6.88 32.95

MMTC 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 3.37 12.40 87.72 9.40 20.49
NSE:MMTC
67GF Score
MMTC Ltd NSE:MMTC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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MMTC ROCE % Calculation

MMTC'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 )
=6393.9/( ( (34784.5 - 17467.6) + (27958.7 - 6463.4) )/ 2 )
=6393.9/( (17316.9+21495.3)/ 2 )
=6393.9/19406.1
=32.95 %

MMTC'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 )
=4404.4/( ( (0 - 0) + (27958.7 - 6463.4) )/ 1 )
=4404.4/( ( 0 + 21495.3 )/ 1 )
=4404.4/21495.3
=20.49 %

(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 20.49% mean?
MMTC (NSE:MMTC) has a ROCE % of 20.49% as of Mar. 2026.
Is MMTC's ROCE % too high?
MMTC's current ROCE % is 20.49%. The Conglomerates industry median ROCE % is 6.96. MMTC's value of 20.49% is 194.4% above this industry median. Overall, MMTC has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MMTC's ROCE % compare to HON and MMM?
MMTC's ROCE % of 20.49% can be compared against companies in the Conglomerates industry. The industry median ROCE % is 6.96. MMTC's value of 20.49% is 194.4% 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 Conglomerates company?
The median ROCE % among Conglomerates companies is 6.96, based on 556 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. MMTC's current ROCE % of 20.49% is 194.4% 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 Conglomerates industry, the median ROCE % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MMTC's current ROCE % is 20.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MMTC stock overvalued right now?
Based on GuruFocus' analysis, MMTC (NSE:MMTC) is currently considered Fairly Valued. The stock's GF Value™ is ₹63.45, compared to a current price of ₹67.14 — trading 5.8% above its estimated fair value. The current ROCE % is 20.49% and 194.4% above the Conglomerates industry median of 6.96. MMTC's overall GF Score™ is 67/100 with 2 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 MMTC (NSE:MMTC), the current ROCE % is 20.49% 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 MMTC (NSE:MMTC) Overvalued in 2026?

Based on GuruFocus' analysis, MMTC stock appears to be overvalued. The current stock price of ₹67.14 is trading 5.8% above its estimated GF Value™ of ₹63.45. GuruFocus considers MMTC to be Fairly Valued.

Key valuation signals for NSE:MMTC:

  • ROCE %: 20.49%
  • GF Value™: ₹63.45 vs. price of ₹67.14 (5.8% above fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 194.4% above the Conglomerates median

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

MMTC Business Description

Other Exchanges 513377:India
Address Lodi Road, Core-1, Scope Complex, 7 Institutional Area, New Delhi, IND, 110003
MMTC Ltd is an India-based trading company engaged in the export of Minerals and import of Precious Metals, Non-ferrous metals, Fertilizers, Agro Products, coal and hydrocarbon etc. The company's trade activities span across various countries in Asia, Europe, Africa, Middle East, Latin America and North America. Its primary business segments comprise Minerals, Precious Metals, Metals, Agro Products, Coal and Hydrocarbon, Fertilizers, and others.
67GF Score

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

₹67.14
Price
₹63.45
GF Value