Victory Electric Vehicles International (NSE:VICTORYEV) ROCE %: 30.80% (As of Sep. 2025)

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NSE:VICTORYEV Victory Electric Vehicles International Ltd NSE:VICTORYEV
18 GF Score
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What is Victory Electric Vehicles International ROCE %?

Victory Electric Vehicles International NSE:VICTORYEV +2.74% 18 ROCE % is 30.80% as of Sep. 2025. GuruFocus rates NSE:VICTORYEV with a GF Score™ of 18/100. 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. Victory Electric Vehicles International's annualized ROCE % for the quarter that ended in Sep. 2025 was 30.80%.

Victory Electric Vehicles International  (NSE:VICTORYEV) 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.

Victory Electric Vehicles International ROCE % Related Terms

Victory Electric Vehicles International ROCE % Historical Data

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The historical data trend for Victory Electric Vehicles International'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.

Victory Electric Vehicles International ROCE % Chart

Victory Electric Vehicles International Annual Data
Trend Mar23 Mar24 Mar25
ROCE %
31.41 87.25 60.32

Victory Electric Vehicles International Semi-Annual Data
Mar23 Mar24 Mar25 Sep25
ROCE % 0.00 0.00 0.00 30.80
NSE:VICTORYEV
18GF Score
Victory Electric Vehicles International Ltd NSE:VICTORYEV
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Victory Electric Vehicles International ROCE % Calculation

Victory Electric Vehicles International's annualized ROCE % for the fiscal year that ended in Mar. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=79.821/( ( (219.415 - 112.681) + (312.865 - 154.931) )/ 2 )
=79.821/( (106.734+157.934)/ 2 )
=79.821/132.334
=60.32 %

Victory Electric Vehicles International's ROCE % of for the quarter that ended in Sep. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=51.186/( ( (312.865 - 154.931) + (331.949 - 157.456) )/ 2 )
=51.186/( ( 157.934 + 174.493 )/ 2 )
=51.186/166.2135
=30.80 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2025) 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 30.80% mean?
Victory Electric Vehicles International (NSE:VICTORYEV) has a ROCE % of 30.80% as of Sep. 2025.
Is Victory Electric Vehicles International's ROCE % too high?
Victory Electric Vehicles International's current ROCE % is 30.80%. The Vehicles & Parts industry median ROCE % is 7.93. Victory Electric Vehicles International's value of 30.80% is 288.4% above this industry median. Overall, Victory Electric Vehicles International has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Victory Electric Vehicles International's ROCE % compare to TSLA and GM?
Victory Electric Vehicles International's ROCE % of 30.80% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.93. Victory Electric Vehicles International's value of 30.80% is 288.4% 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 7.93, based on 1,316 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. Victory Electric Vehicles International's current ROCE % of 30.80% is 288.4% 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 7.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Victory Electric Vehicles International's current ROCE % is 30.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory Electric Vehicles International stock overvalued right now?
Victory Electric Vehicles International (NSE:VICTORYEV) has a current ROCE % of 30.80%. The current ROCE % is 30.80% and 288.4% above the Vehicles & Parts industry median of 7.93. Victory Electric Vehicles International's overall GF Score™ is 18/100 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 Victory Electric Vehicles International (NSE:VICTORYEV), the current ROCE % is 30.80% as of Sep. 2025. 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.

Victory Electric Vehicles International Business Description

Address Plot no 6, Second Floor, A-5, Maa Bhagwati Apartment, Paschim Vihar, New Delhi, IND, 110063
Victory Electric Vehicles International Ltd is engaged in the business of manufacturing of battery operated electric rickshaws and electric scooters. The company's key offerings include solar rickshaws, Auto-rickshaws, Motor vehicles, Scooters, Motor-Scooters, three-wheelers, motor cycles, cycles automobiles, and motorcars. Its product segments include Two wheelers, Three wheelers, Passenger Vehicles, and Commercial Vehicles. The company generates the majority of revenue from the sale of Electric Vehicles, mainly from Three-Wheeler vehicle sales.
18GF Score

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