Happy Square Outsourcing Services (NSE:WHITEFORCE) ROCE %: 22.89% (As of Mar. 2026)


NSE:WHITEFORCE Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
18 GF Score
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What is Happy Square Outsourcing Services ROCE %?

Happy Square Outsourcing Services NSE:WHITEFORCE 18 ROCE % is 22.89% as of Mar. 2026. GuruFocus rates NSE:WHITEFORCE with a GF Score™ of 18/100. The stock has 5 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. Happy Square Outsourcing Services's annualized ROCE % for the quarter that ended in Mar. 2026 was 22.89%.

Happy Square Outsourcing Services  (NSE:WHITEFORCE) 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.

Happy Square Outsourcing Services ROCE % Related Terms

Happy Square Outsourcing Services ROCE % Historical Data

* Premium members only.

The historical data trend for Happy Square Outsourcing Services'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.

Happy Square Outsourcing Services ROCE % Chart

Happy Square Outsourcing Services Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROCE %
54.82 87.75 71.24 22.89

Happy Square Outsourcing Services Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
ROCE % 54.82 87.75 71.24 22.89
NSE:WHITEFORCE
18GF Score
Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Happy Square Outsourcing Services ROCE % Calculation

Happy Square Outsourcing Services'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 )
=68.755/( ( (396.4 - 238.306) + (612.487 - 169.937) )/ 2 )
=68.755/( (158.094+442.55)/ 2 )
=68.755/300.322
=22.89 %

Happy Square Outsourcing Services'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 )
=68.755/( ( (396.4 - 238.306) + (612.487 - 169.937) )/ 2 )
=68.755/( ( 158.094 + 442.55 )/ 2 )
=68.755/300.322
=22.89 %

(1) Note: The EBIT data used here is one times the 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 22.89% mean?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a ROCE % of 22.89% as of Mar. 2026.
Is Happy Square Outsourcing Services' ROCE % too high?
Happy Square Outsourcing Services' current ROCE % is 22.89%. The Business Services industry median ROCE % is 8.88. Happy Square Outsourcing Services' value of 22.89% is 157.8% above this industry median. Overall, Happy Square Outsourcing Services has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Happy Square Outsourcing Services' ROCE % compare to KFY and RHI?
Happy Square Outsourcing Services' ROCE % of 22.89% can be compared against companies in the Business Services industry. The industry median ROCE % is 8.88. Happy Square Outsourcing Services' value of 22.89% is 157.8% 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 Business Services company?
The median ROCE % among Business Services companies is 8.88, based on 1,070 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. Happy Square Outsourcing Services's current ROCE % of 22.89% is 157.8% 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 Business Services industry, the median ROCE % is 8.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Square Outsourcing Services's current ROCE % is 22.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Square Outsourcing Services stock overvalued right now?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a current ROCE % of 22.89%. The current ROCE % is 22.89% and 157.8% above the Business Services industry median of 8.88. Happy Square Outsourcing Services' overall GF Score™ is 18/100 with 5 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 Happy Square Outsourcing Services (NSE:WHITEFORCE), the current ROCE % is 22.89% 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.

Happy Square Outsourcing Services Business Description

Address Nagpur Road, Rajpal Tower 240, Madan Mahal, Jabalpur, MP, IND, 482008
Happy Square Outsourcing Services Ltd is a technology-based consulting firm, involved in tech-based human resource outsourcing business, which focuses on end-to-end solutions. It offers a wide array of services such as Recruitment, Payroll, Onboarding, and flexible staffing. Its comprehensive network, structured processes, professionalism, and work ethics ensure that the company remains at the top on the domestic scale. The company satisfies firms' staffing and recruitment needs in India through its specialized, rich knowledge.
18GF Score

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