Nu Tek India (NSE:NUTEK) ROCE %: 0.74% (As of Jun. 2017)


What is Nu Tek India ROCE %?

Nu Tek India NSE:NUTEK ROCE % is 0.74% as of Jun. 2017.

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. Nu Tek India's annualized ROCE % for the quarter that ended in Jun. 2017 was 0.74%.

Nu Tek India  (NSE:NUTEK) 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.

Nu Tek India ROCE % Related Terms

Nu Tek India ROCE % Historical Data

* Premium members only.

The historical data trend for Nu Tek India'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.

Nu Tek India ROCE % Chart

Nu Tek India Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 -4.48 -0.19 -1.57 -0.26

Nu Tek India Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 -0.88 -0.10 0.34 -0.39 0.74

Nu Tek India ROCE % Calculation

Nu Tek India's annualized ROCE % for the fiscal year that ended in Mar. 2017 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2017 )  (A: Mar. 2016 )(A: Mar. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2017 )  (A: Mar. 2016 )(A: Mar. 2017 )
=-16.2/( ( (6898.5 - 567.6) + (6777.5 - 558.7) )/ 2 )
=-16.2/( (6330.9+6218.8)/ 2 )
=-16.2/6274.85
=-0.26 %

Nu Tek India's ROCE % of for the quarter that ended in Jun. 2017 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2017 )  (Q: Mar. 2017 )(Q: Jun. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2017 )  (Q: Mar. 2017 )(Q: Jun. 2017 )
=45.788/( ( (6777.5 - 558.7) + (0 - 0) )/ 1 )
=45.788/( ( 6218.8 + 0 )/ 1 )
=45.788/6218.8
=0.74 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2017) 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 0.74% mean?
Nu Tek India (NSE:NUTEK) has a ROCE % of 0.74% as of Jun. 2017.
Is Nu Tek India's ROCE % too high?
Nu Tek India's current ROCE % is 0.74%. The Telecommunication Services industry median ROCE % is 7.67. Nu Tek India's value of 0.74% is 90.3% below this industry median.
How does Nu Tek India's ROCE % compare to TWER and FULO?
Nu Tek India's ROCE % of 0.74% can be compared against companies in the Telecommunication Services industry. The industry median ROCE % is 7.67. Nu Tek India's value of 0.74% is 90.3% below 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 Telecommunication Services company?
The median ROCE % among Telecommunication Services companies is 7.67, based on 354 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. Nu Tek India's current ROCE % of 0.74% is 90.3% below 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 Telecommunication Services industry, the median ROCE % is 7.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nu Tek India's current ROCE % is 0.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nu Tek India stock overvalued right now?
Nu Tek India (NSE:NUTEK) has a current ROCE % of 0.74%. The current ROCE % is 0.74% and 90.3% below the Telecommunication Services industry median of 7.67. 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 Nu Tek India (NSE:NUTEK), the current ROCE % is 0.74% as of Jun. 2017. 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.

Nu Tek India Business Description

Address B-27, Infocity, Sector - 34, Gurgaon, HR, IND, 122001
Nu Tek India Ltd is an India based company. It is a telecom infrastructure services company providing solutions for wireless and fixed telecom networks. The business operates in various segments that include Turnkey Site Build, which provides site identification and designing, to installation of towers and other ancillary passive equipment; Active Equipment Implementations, which provide services like installation, commissioning and integration of active telecom equipment for wireless, wire-line and optical technologies; Technical Support Services, which provide services in high-end telecom engineering; and Operations and Maintenance; which provide maintenance services for passive telecom infrastructure.