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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. The Orissa Minerals Development Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 45.23%.
The Orissa Minerals Development Co (NSE:ORISSAMINE) 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.
The Orissa Minerals Development Co ROCE % Related Terms
The Orissa Minerals Development Co 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 four times the quarterly (Dec. 2025) 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.
The Orissa Minerals Development Co (NSE:ORISSAMINE) has a ROCE % of 45.23% as of Dec. 2025.
Is The Orissa Minerals Development Co's ROCE % too high?
The Orissa Minerals Development Co's current ROCE % is 45.23%. The Steel industry median ROCE % is 5.66. The Orissa Minerals Development Co's value of 45.23% is 699.8% above this industry median. Overall, The Orissa Minerals Development Co has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The Orissa Minerals Development Co's ROCE % compare to NUE and STLD?
The Orissa Minerals Development Co's ROCE % of 45.23% can be compared against companies in the Steel industry. The industry median ROCE % is 5.66. The Orissa Minerals Development Co's value of 45.23% is 699.8% 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 Steel company?
The median ROCE % among Steel companies is 5.66, based on 620 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. The Orissa Minerals Development Co's current ROCE % of 45.23% is 699.8% 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 Steel industry, the median ROCE % is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Orissa Minerals Development Co's current ROCE % is 45.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Orissa Minerals Development Co stock overvalued right now?
Based on GuruFocus' analysis, The Orissa Minerals Development Co (NSE:ORISSAMINE) is currently considered Possible Value Trap. The stock's GF Value™ is ₹5,394.20, compared to a current price of ₹3,747.00 — trading 30.5% below its estimated fair value. The current ROCE % is 45.23% and 699.8% above the Steel industry median of 5.66. The Orissa Minerals Development Co's overall GF Score™ is 45/100 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 The Orissa Minerals Development Co (NSE:ORISSAMINE), the current ROCE % is 45.23% as of Dec. 2025. 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 The Orissa Minerals Development Co (NSE:ORISSAMINE) Overvalued in 2026?
Based on GuruFocus' analysis, The Orissa Minerals Development Co stock appears to be undervalued.
The current stock price of ₹3,747.00 is trading 30.5% below its estimated GF Value™ of ₹5,394.20.
GuruFocus considers The Orissa Minerals Development Co to be Possible Value Trap.
Key valuation signals for NSE:ORISSAMINE:
ROCE %: 45.23%
GF Value™: ₹5,394.20 vs. price of ₹3,747.00 (30.5% below fair value)
No single metric tells the full story. See the NSE:ORISSAMINE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Orissa Minerals Development Co Business Description
The Orissa Minerals Development Co Ltd engages in the mining and production of iron ore, manganese ore, and sponge iron. It operates several mining leases in the Barbil area of Kendujhar district, Odisha, India. The products from which reportable segments derive their revenues are Iron Ore, Manganese and Sponge Iron. The company derives revenue principally from the sale of iron, manganese and sponge iron.
45GF Score
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