Race Eco Chain (NSE:RACE) ROCE %: 22.26% (As of Mar. 2026)

What is Race Eco Chain ROCE %?

Race Eco Chain NSE:RACE -1.15% 78 ROCE % is 22.26% as of Mar. 2026. GuruFocus rates NSE:RACE with a GF Score™ of 78/100 and a GF Value™ of ₹551.10 (Significantly Undervalued). 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. Race Eco Chain's annualized ROCE % for the quarter that ended in Mar. 2026 was 22.26%.

Race Eco Chain (NSE:RACE) 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.

Race Eco Chain ROCE % Related Terms

Race Eco Chain ROCE % Historical Data

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The historical data trend for Race Eco Chain'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.

Race Eco Chain ROCE % Chart

Race Eco Chain Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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7.68

12.29

22.69

18.51

20.86

Race Eco Chain Quarterly Data
	Sep20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															18.59	15.37	21.81	20.68	22.26

78GF Score

Race Eco Chain Ltd NSE:RACE

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Race Eco Chain ROCE % Calculation

Race Eco Chain'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 )
	=	173.78	/	( ( (1823.356 - 1041.69)	+	(2155.098 - 1270.777) )	/ 2 )
	=	173.78	/	( (781.666	+	884.321)	/ 2 )
	=	173.78	/	832.9935
	=	20.86 %

Race Eco Chain'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 )
	=	196.852	/	( ( (0 - 0)	+	(2155.098 - 1270.777) )	/ 1 )
	=	196.852	/	( ( 0	+	884.321 )	/ 1 )
	=	196.852	/	884.321
	=	22.26 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 22.26% mean?

Race Eco Chain (NSE:RACE) has a ROCE % of 22.26% as of Mar. 2026.

Is Race Eco Chain's ROCE % too high?

Race Eco Chain's current ROCE % is 22.26%. The Waste Management industry median ROCE % is 5.89. Race Eco Chain's value of 22.26% is 278.2% above this industry median. Overall, Race Eco Chain has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Race Eco Chain's ROCE % compare to WM and RSG?

Race Eco Chain's ROCE % of 22.26% can be compared against companies in the Waste Management industry. The industry median ROCE % is 5.89. Race Eco Chain's value of 22.26% is 278.2% 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 Waste Management company?

The median ROCE % among Waste Management companies is 5.89, based on 238 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. Race Eco Chain's current ROCE % of 22.26% is 278.2% 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 Waste Management industry, the median ROCE % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Race Eco Chain's current ROCE % is 22.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Race Eco Chain stock overvalued right now?

Based on GuruFocus' analysis, Race Eco Chain (NSE:RACE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹551.10, compared to a current price of ₹111.39 — trading 79.8% below its estimated fair value. The current ROCE % is 22.26% and 278.2% above the Waste Management industry median of 5.89. Race Eco Chain's overall GF Score™ is 78/100 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 Race Eco Chain (NSE:RACE), the current ROCE % is 22.26% 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 Race Eco Chain (NSE:RACE) Overvalued in 2026?

Based on GuruFocus' analysis, Race Eco Chain stock appears to be undervalued. The current stock price of ₹111.39 is trading 79.8% below its estimated GF Value™ of ₹551.10. GuruFocus considers Race Eco Chain to be Significantly Undervalued.

Key valuation signals for NSE:RACE:

ROCE %: 22.26%
GF Value™: ₹551.10 vs. price of ₹111.39 (79.8% below fair value)
GF Score™: 78/100 with 3 warning signs
Industry Position: 278.2% above the Waste Management median

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

Race Eco Chain Business Description

Industry Industrials Waste Management

Comparable Companies NSE:EXIMROUTES BOM:543997 NSE:APEXECO BOM:543805 NSE:FELIX NSE:URBAN BOM:544199 BOM:526931 BOM:533427 BOM:539041 WM RSG WCN XPAR:VIE CLH GFL XBRU:UMI XMAD:FCC SZSE:002340 CWST

Other Exchanges 537785:India

Address Sahibabad Industrial Area, 56/33, Site-IV, Ghaziabad, UP, IND, 201010

Website https://www.raceecochain.com

Race Eco Chain Ltd is engaged in the collection and supply of recyclable waste to recyclers who eventually convert the waste into useful products. It is also involved in the manufacturing of recycled products. The company's segments are Recycle Division; Restore Division; Biomass Division and It Division. It generates the majority of its revenue from the Recycle Division.

78GF Score

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

₹111.39

Price

₹551.10

GF Value

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