Viaz Tyres (NSE:VIAZ) ROCE %: 19.93% (As of Mar. 2026)


NSE:VIAZ Viaz Tyres Ltd NSE:VIAZ
83 GF Score
Price ₹64.90
GF Value ₹119.19
Valuation Possible Value Trap
! 6 Warning Signs
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What is Viaz Tyres ROCE %?

Viaz Tyres NSE:VIAZ 83 ROCE % is 19.93% as of Mar. 2026. GuruFocus rates NSE:VIAZ with a GF Score™ of 83/100 and a GF Value™ of ₹119.19 (Possible Value Trap). The stock has 6 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. Viaz Tyres's annualized ROCE % for the quarter that ended in Mar. 2026 was 19.93%.

Viaz Tyres  (NSE:VIAZ) 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.

Viaz Tyres ROCE % Related Terms

Viaz Tyres ROCE % Historical Data

* Premium members only.

The historical data trend for Viaz Tyres'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.

Viaz Tyres ROCE % Chart

Viaz Tyres Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 19.69 15.79 11.90 16.08 16.34

Viaz Tyres Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Mar24 Mar25 Mar26
ROCE % Get a 7-Day Free Trial 28.61 9.39 0.00 20.35 19.93
NSE:VIAZ
83GF Score
Viaz Tyres Ltd NSE:VIAZ
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Viaz Tyres ROCE % Calculation

Viaz Tyres'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 )
=86.746/( ( (589.02 - 209.526) + (880.003 - 197.838) )/ 2 )
=86.746/( (379.494+682.165)/ 2 )
=86.746/530.8295
=16.34 %

Viaz Tyres'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: Mar. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Mar. 2025 )(Q: Mar. 2026 )
=105.784/( ( (589.02 - 209.526) + (880.003 - 197.838) )/ 2 )
=105.784/( ( 379.494 + 682.165 )/ 2 )
=105.784/530.8295
=19.93 %

(1) Note: The EBIT data used here is two times the semi-annual (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 19.93% mean?
Viaz Tyres (NSE:VIAZ) has a ROCE % of 19.93% as of Mar. 2026.
Is Viaz Tyres' ROCE % too high?
Viaz Tyres' current ROCE % is 19.93%. The Vehicles & Parts industry median ROCE % is 7.94. Viaz Tyres' value of 19.93% is 151% above this industry median. Overall, Viaz Tyres has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Viaz Tyres' ROCE % compare to ORLY and AZO?
Viaz Tyres' ROCE % of 19.93% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. Viaz Tyres' value of 19.93% is 151% 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 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. Viaz Tyres's current ROCE % of 19.93% is 151% 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 Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viaz Tyres's current ROCE % is 19.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viaz Tyres stock overvalued right now?
Based on GuruFocus' analysis, Viaz Tyres (NSE:VIAZ) is currently considered Possible Value Trap. The stock's GF Value™ is ₹119.19, compared to a current price of ₹64.90 — trading 45.5% below its estimated fair value. The current ROCE % is 19.93% and 151% above the Vehicles & Parts industry median of 7.94. Viaz Tyres' overall GF Score™ is 83/100 with 6 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 Viaz Tyres (NSE:VIAZ), the current ROCE % is 19.93% 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 Viaz Tyres (NSE:VIAZ) Overvalued in 2026?

Based on GuruFocus' analysis, Viaz Tyres stock appears to be undervalued. The current stock price of ₹64.90 is trading 45.5% below its estimated GF Value™ of ₹119.19. GuruFocus considers Viaz Tyres to be Possible Value Trap.

Key valuation signals for NSE:VIAZ:

  • ROCE %: 19.93%
  • GF Value™: ₹119.19 vs. price of ₹64.90 (45.5% below fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 151% above the Vehicles & Parts median

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

Viaz Tyres Business Description

Address Sal Hospital Road, 915/916, Maple Trade, Near Surdhara Circle, Thaltej, Ahmedabad, GJ, IND, 380059
Viaz Tyres Ltd is engaged in the manufacturing of rubber tubes for bicycles, two and three-wheelers, passenger vehicles, and heavy-load industrial vehicles. Its product portfolio comprises bicycle tyres, bicycle butyl moulded tubes, scooter and moped tubes, passenger car tubes, farm vehicle tubes, lubricants, grease, tubless tyre kits, and multipurpose air pumps, among others. The company operates in a single business segment, which comprises the manufacturing and selling of Tubes and Tyres. Its geographical segment is considered based on sales within India and outside India.
83GF Score

Get the complete analysis for NSE:VIAZ

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

₹64.90
Price
₹119.19
GF Value