Syrma SGS Technology (NSE:SYRMA) ROCE %: 19.63% (As of Mar. 2026)


NSE:SYRMA Syrma SGS Technology Ltd NSE:SYRMA
82 GF Score
Price ₹1,440.50
GF Value ₹925.00
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Syrma SGS Technology ROCE %?

Syrma SGS Technology NSE:SYRMA +1.11% 82 ROCE % is 19.63% as of Mar. 2026. GuruFocus rates NSE:SYRMA with a GF Score™ of 82/100 and a GF Value™ of ₹925.00 (Significantly Overvalued). The stock has 9 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. Syrma SGS Technology's annualized ROCE % for the quarter that ended in Mar. 2026 was 19.63%.

Syrma SGS Technology  (NSE:SYRMA) 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.

Syrma SGS Technology ROCE % Related Terms

Syrma SGS Technology ROCE % Historical Data

* Premium members only.

The historical data trend for Syrma SGS Technology'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.

Syrma SGS Technology ROCE % Chart

Syrma SGS Technology Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 14.02 17.23 11.56 15.41 18.56

Syrma SGS Technology Quarterly Data
Mar20 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 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 21.90 16.49 13.43 19.20 19.63
NSE:SYRMA
82GF Score
Syrma SGS Technology Ltd NSE:SYRMA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Syrma SGS Technology ROCE % Calculation

Syrma SGS Technology'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 )
=4936.36/( ( (42046.71 - 22134.97) + (57700.07 - 24408.57) )/ 2 )
=4936.36/( (19911.74+33291.5)/ 2 )
=4936.36/26601.62
=18.56 %

Syrma SGS Technology'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 )
=6535.84/( ( (0 - 0) + (57700.07 - 24408.57) )/ 1 )
=6535.84/( ( 0 + 33291.5 )/ 1 )
=6535.84/33291.5
=19.63 %

(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 19.63% mean?
Syrma SGS Technology (NSE:SYRMA) has a ROCE % of 19.63% as of Mar. 2026.
Is Syrma SGS Technology's ROCE % too high?
Syrma SGS Technology's current ROCE % is 19.63%. The Hardware industry median ROCE % is 5.81. Syrma SGS Technology's value of 19.63% is 237.9% above this industry median. Overall, Syrma SGS Technology has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Syrma SGS Technology's ROCE % compare to APH and GLW?
Syrma SGS Technology's ROCE % of 19.63% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.81. Syrma SGS Technology's value of 19.63% is 237.9% 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 Hardware company?
The median ROCE % among Hardware companies is 5.81, based on 2,449 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. Syrma SGS Technology's current ROCE % of 19.63% is 237.9% 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 Hardware industry, the median ROCE % is 5.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Syrma SGS Technology's current ROCE % is 19.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Syrma SGS Technology stock overvalued right now?
Based on GuruFocus' analysis, Syrma SGS Technology (NSE:SYRMA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹925.00, compared to a current price of ₹1,440.50 — trading 55.7% above its estimated fair value. The current ROCE % is 19.63% and 237.9% above the Hardware industry median of 5.81. Syrma SGS Technology's overall GF Score™ is 82/100 with 9 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 Syrma SGS Technology (NSE:SYRMA), the current ROCE % is 19.63% 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 Syrma SGS Technology (NSE:SYRMA) Overvalued in 2026?

Based on GuruFocus' analysis, Syrma SGS Technology stock appears to be overvalued. The current stock price of ₹1,440.50 is trading 55.7% above its estimated GF Value™ of ₹925.00. GuruFocus considers Syrma SGS Technology to be Significantly Overvalued.

Key valuation signals for NSE:SYRMA:

  • ROCE %: 19.63%
  • GF Value™: ₹925.00 vs. price of ₹1,440.50 (55.7% above fair value)
  • GF Score™: 82/100 with 9 warning signs
  • Industry Position: 237.9% above the Hardware median

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

Syrma SGS Technology Business Description

Other Exchanges 543573:India
Address MEPZ-SEZ, Plot B27, Phase II, Zone B, Tambaram, Chennai, TN, IND, 600045
Syrma SGS Technology Ltd provides Electronic Manufacturing Services. The company is engaged in the business of manufacturing various electronic sub-assemblies, assemblies, and box builds, disk drives, memory modules, power supplies, adapters, fiber optic assemblies, magnetic induction coils, and RFID products, and other electronic products. It serves national and international B2B customers in the industrial, consumer electronics, healthcare, automotive, computer, medical, and railway sectors. Geographically, the majority of the company's revenue is generated within India, followed by the United States of America, and the Rest of the world.
82GF Score

Get the complete analysis for NSE:SYRMA

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

₹1,440.50
Price
₹925.00
GF Value