Scoda Tubes (NSE:SCODATUBES) ROCE %: 15.98% (As of Mar. 2026)


NSE:SCODATUBES Scoda Tubes Ltd NSE:SCODATUBES
13 GF Score
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What is Scoda Tubes ROCE %?

Scoda Tubes NSE:SCODATUBES -2.26% 13 ROCE % is 15.98% as of Mar. 2026. GuruFocus rates NSE:SCODATUBES with a GF Score™ of 13/100. 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. Scoda Tubes's annualized ROCE % for the quarter that ended in Mar. 2026 was 15.98%.

Scoda Tubes  (NSE:SCODATUBES) 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.

Scoda Tubes ROCE % Related Terms

Scoda Tubes ROCE % Historical Data

* Premium members only.

The historical data trend for Scoda Tubes'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.

Scoda Tubes ROCE % Chart

Scoda Tubes Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
11.98 30.85 41.30 52.21 17.72

Scoda Tubes Quarterly Data
Mar22 Mar23 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 29.31 0.00 23.09 20.40 15.98
NSE:SCODATUBES
13GF Score
Scoda Tubes Ltd NSE:SCODATUBES
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Scoda Tubes ROCE % Calculation

Scoda Tubes'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 )
=775.98/( ( (0 - 0) + (6878.96 - 2498.96) )/ 1 )
=775.98/( (0+4380)/ 1 )
=775.98/4380
=17.72 %

Scoda Tubes'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 )
=699.84/( ( (0 - 0) + (6878.96 - 2498.96) )/ 1 )
=699.84/( ( 0 + 4380 )/ 1 )
=699.84/4380
=15.98 %

(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 15.98% mean?
Scoda Tubes (NSE:SCODATUBES) has a ROCE % of 15.98% as of Mar. 2026.
Is Scoda Tubes' ROCE % too high?
Scoda Tubes' current ROCE % is 15.98%. The Steel industry median ROCE % is 5.63. Scoda Tubes' value of 15.98% is 184.1% above this industry median. Overall, Scoda Tubes has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Scoda Tubes' ROCE % compare to NUE and STLD?
Scoda Tubes' ROCE % of 15.98% can be compared against companies in the Steel industry. The industry median ROCE % is 5.63. Scoda Tubes' value of 15.98% is 184.1% 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 5.63, based on 624 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. Scoda Tubes's current ROCE % of 15.98% is 184.1% 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 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scoda Tubes's current ROCE % is 15.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scoda Tubes stock overvalued right now?
Scoda Tubes (NSE:SCODATUBES) has a current ROCE % of 15.98%. The current ROCE % is 15.98% and 184.1% above the Steel industry median of 5.63. Scoda Tubes' overall GF Score™ is 13/100 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 Scoda Tubes (NSE:SCODATUBES), the current ROCE % is 15.98% 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.

Scoda Tubes Business Description

Other Exchanges 544411:India
Address Mehsana highway, Survey No. 2442, 2443, 2446, Rajpur, Mehsana, Ahmedabad, GJ, IND, 382715
Scoda Tubes Ltd is a manufacturer of stainless-steel tubes and pipes. The company's product includes Stainless Steel Seamless Pipes, Stainless Steel Seamless Tube, Stainless Steel Instrumentation Tubes, Stainless Steel Welded Pipes, Stainless Steel Welded Tubes, and Stainless Steel Welded 'U' Tubes. Geographically, the company generates the majority of its revenue within India.
13GF Score

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

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