Spencers Retail (NSE:SPENCERS) ROCE %: -45.38% (As of Mar. 2026)


NSE:SPENCERS Spencers Retail Ltd NSE:SPENCERS
57 GF Score
Price ₹35.38
GF Value ₹55.25
Valuation Possible Value Trap
! 4 Warning Signs
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What is Spencers Retail ROCE %?

Spencers Retail NSE:SPENCERS -0.08% 57 ROCE % is -45.38% as of Mar. 2026. GuruFocus rates NSE:SPENCERS with a GF Score™ of 57/100 and a GF Value™ of ₹55.25 (Possible Value Trap). The stock has 4 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. Spencers Retail's annualized ROCE % for the quarter that ended in Mar. 2026 was -45.38%.

Spencers Retail  (NSE:SPENCERS) 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.

Spencers Retail ROCE % Related Terms

Spencers Retail ROCE % Historical Data

* Premium members only.

The historical data trend for Spencers Retail'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.

Spencers Retail ROCE % Chart

Spencers Retail Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only -3.56 -12.82 -17.06 -15.63 -31.18

Spencers Retail Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 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 -32.95 -25.93 -124.43 -81.00 -45.38
NSE:SPENCERS
57GF Score
Spencers Retail Ltd NSE:SPENCERS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Spencers Retail ROCE % Calculation

Spencers Retail'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 )
=-805.363/( ( (13095.181 - 9766.88) + (13958.562 - 12121.485) )/ 2 )
=-805.363/( (3328.301+1837.077)/ 2 )
=-805.363/2582.689
=-31.18 %

Spencers Retail'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 )
=-833.6/( ( (0 - 0) + (13958.562 - 12121.485) )/ 1 )
=-833.6/( ( 0 + 1837.077 )/ 1 )
=-833.6/1837.077
=-45.38 %

(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 -45.38% mean?
Spencers Retail (NSE:SPENCERS) has a ROCE % of -45.38% as of Mar. 2026.
Is Spencers Retail's ROCE % too high?
Spencers Retail's current ROCE % is -45.38%. Overall, Spencers Retail has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spencers Retail's ROCE % compare to DDS and M?
Spencers Retail's ROCE % of -45.38% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.60. 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 Retail - Cyclical company?
The median ROCE % among Retail - Cyclical companies is 7.60, based on 1,112 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. 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 Retail - Cyclical industry, the median ROCE % is 7.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spencers Retail's current ROCE % is -45.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spencers Retail stock overvalued right now?
Based on GuruFocus' analysis, Spencers Retail (NSE:SPENCERS) is currently considered Possible Value Trap. The stock's GF Value™ is ₹55.25, compared to a current price of ₹35.38 — trading 36% below its estimated fair value. The current ROCE % is -45.38%. Spencers Retail's overall GF Score™ is 57/100 with 4 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 Spencers Retail (NSE:SPENCERS), the current ROCE % is -45.38% 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 Spencers Retail (NSE:SPENCERS) Overvalued in 2026?

Based on GuruFocus' analysis, Spencers Retail stock appears to be undervalued. The current stock price of ₹35.38 is trading 36% below its estimated GF Value™ of ₹55.25. GuruFocus considers Spencers Retail to be Possible Value Trap.

Key valuation signals for NSE:SPENCERS:

  • ROCE %: -45.38%
  • GF Value™: ₹55.25 vs. price of ₹35.38 (36% below fair value)
  • GF Score™: 57/100 with 4 warning signs

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

Spencers Retail Business Description

Other Exchanges 542337:India
Address 2/4, Judges Court Road, RPSG House, Kolkata, WB, IND, 700027
Spencers Retail Ltd is engaged in the retailing of goods and caters to the domestic market. The company is engaged in developing, conducting, investing, and promoting organized retail and operates departmental stores. The company provides a wide across categories such as food, personal care, fashion, home essentials, electrical, and electronics while its specialty section covers Spencer's gourmet, patisserie, wine, and liquor. The group operates only in India.
57GF Score

Get the complete analysis for NSE:SPENCERS

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

₹35.38
Price
₹55.25
GF Value