Sanco Industries (NSE:SANCO) ROCE %: 4.37% (As of Mar. 2020)


NSE:SANCO Sanco Industries Ltd NSE:SANCO
4 GF Score
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What is Sanco Industries ROCE %?

Sanco Industries NSE:SANCO 4 ROCE % is 4.37% as of Mar. 2020. GuruFocus rates NSE:SANCO with a GF Score™ of 4/100.

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. Sanco Industries's annualized ROCE % for the quarter that ended in Mar. 2020 was 4.37%.

Sanco Industries  (NSE:SANCO) 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.

Sanco Industries ROCE % Related Terms

Sanco Industries ROCE % Historical Data

* Premium members only.

The historical data trend for Sanco Industries'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.

Sanco Industries ROCE % Chart

Sanco Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
ROCE %
Get a 7-Day Free Trial 28.43 30.69 29.32 16.22 4.37

Sanco Industries Semi-Annual Data
Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
ROCE % Get a 7-Day Free Trial 28.43 30.69 29.32 16.22 4.37
NSE:SANCO
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Sanco Industries Ltd NSE:SANCO
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sanco Industries ROCE % Calculation

Sanco Industries's annualized ROCE % for the fiscal year that ended in Mar. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2020 )  (A: Mar. 2019 )(A: Mar. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2020 )  (A: Mar. 2019 )(A: Mar. 2020 )
=22.309/( ( (1252.837 - 743.431) + (1240.365 - 727.645) )/ 2 )
=22.309/( (509.406+512.72)/ 2 )
=22.309/511.063
=4.37 %

Sanco Industries's ROCE % of for the quarter that ended in Mar. 2020 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2020 )  (Q: Mar. 2019 )(Q: Mar. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2020 )  (Q: Mar. 2019 )(Q: Mar. 2020 )
=22.309/( ( (1252.837 - 743.431) + (1240.365 - 727.645) )/ 2 )
=22.309/( ( 509.406 + 512.72 )/ 2 )
=22.309/511.063
=4.37 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2020) 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 4.37% mean?
Sanco Industries (NSE:SANCO) has a ROCE % of 4.37% as of Mar. 2020.
Is Sanco Industries' ROCE % too high?
Sanco Industries' current ROCE % is 4.37%. The Industrial Products industry median ROCE % is 7.05. Sanco Industries' value of 4.37% is 38% below this industry median. Overall, Sanco Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Sanco Industries' ROCE % compare to HUBB?
Sanco Industries' ROCE % of 4.37% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.05. Sanco Industries' value of 4.37% is 38% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.05, based on 3,026 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. Sanco Industries's current ROCE % of 4.37% is 38% 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 Industrial Products industry, the median ROCE % is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanco Industries's current ROCE % is 4.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanco Industries stock overvalued right now?
Sanco Industries (NSE:SANCO) has a current ROCE % of 4.37%. The current ROCE % is 4.37% and 38% below the Industrial Products industry median of 7.05. Sanco Industries' overall GF Score™ is 4/100. 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 Sanco Industries (NSE:SANCO), the current ROCE % is 4.37% as of Mar. 2020. 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.

Sanco Industries Business Description

Address D - 161, Surajmal Vihar, Near Karkardooma Court, New Delhi, IND, 110092
Sanco Industries Ltd is an India-based holding company. It is engaged in the business of PVC Pipes, PVC Wires and Cables, and Copper Wire Rod. It is engaged in manufacturing and trading of polyvinyl chloride (PVC) resin, PVC compound, PVC profiles, light-emitting diode (LED) lights, and chemical. The company operates in one business segment namely, Manufacturing business. It offers various products, which comprise PVC conduit pipes, PVC casings, and cappings, PVC insulated wires, calcium carbonate, and PVC insulation tape.
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