Clean Science and Technology (NSE:CLEAN) ROIC %: 17.57% (As of Mar. 2026)


NSE:CLEAN Clean Science and Technology Ltd NSE:CLEAN
77 GF Score
Price ₹773.30
GF Value ₹1,543.26
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Clean Science and Technology ROIC %?

Clean Science and Technology NSE:CLEAN -0.51% 77 ROIC % is 17.57% as of Mar. 2026. GuruFocus rates NSE:CLEAN with a GF Score™ of 77/100 and a GF Value™ of ₹1,543.26 (Significantly Undervalued). The stock has 4 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Clean Science and Technology's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 17.57%.

As of today (2026-07-04), Clean Science and Technology's WACC % is 14.21%. Clean Science and Technology's ROIC % is 17.29% (calculated using TTM income statement data). Clean Science and Technology generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Clean Science and Technology  (NSE:CLEAN) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Clean Science and Technology's WACC % is 14.21%. Clean Science and Technology's ROIC % is 17.29% (calculated using TTM income statement data). Clean Science and Technology generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Clean Science and Technology ROIC % Related Terms


Clean Science and Technology ROIC % Historical Data

* Premium members only.

The historical data trend for Clean Science and Technology's ROIC % 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.

Clean Science and Technology ROIC % Chart

Clean Science and Technology Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
Get a 7-Day Free Trial 51.26 45.82 26.31 23.36 17.34

Clean Science and Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 23.77 22.01 16.93 13.00 17.57

NSE:CLEAN vs LIN, SHW, ECL: ROIC % Comparison

For the Specialty Chemicals subindustry, Clean Science and Technology's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Clean Science and Technology ROIC % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Clean Science and Technology's ROIC % distribution charts can be found below:

* The bar in red indicates where Clean Science and Technology's ROIC % falls into.


NSE:CLEAN
77GF Score
Clean Science and Technology Ltd NSE:CLEAN
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clean Science and Technology ROIC % Calculation

Clean Science and Technology's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=2774.69 * ( 1 - 25.84% )/( (10934.18 + 12801.31)/ 2 )
=2057.710104/11867.745
=17.34 %

where

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=16077.6 - 1501.18 - ( 3642.24 - max(0, 1555.62 - 7990.33+3642.24))
=10934.18

Invested Capital(A: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=17829 - 1205.78 - ( 3821.91 - max(0, 1652.87 - 8282.98+3821.91))
=12801.31

Clean Science and Technology's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=2997.68 * ( 1 - 24.99% )/( (0 + 12801.31)/ 1 )
=2248.559768/12801.31
=17.57 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=17829 - 1205.78 - ( 3821.91 - max(0, 1652.87 - 8282.98+3821.91))
=12801.31

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of 17.57% mean?
Clean Science and Technology (NSE:CLEAN) has a ROIC % of 17.57% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Clean Science and Technology and its competitors.
Is Clean Science and Technology's ROIC % too high?
Clean Science and Technology's current ROIC % is 17.57%. The Chemicals industry median ROIC % is 4.46. Clean Science and Technology's value of 17.57% is 293.9% above this industry median. Overall, Clean Science and Technology has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clean Science and Technology's ROIC % compare to LIN and SHW?
Clean Science and Technology's ROIC % of 17.57% can be compared against companies in the Chemicals industry. The industry median ROIC % is 4.46. Clean Science and Technology's value of 17.57% is 293.9% 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 ROIC % for a Chemicals company?
The median ROIC % among Chemicals companies is 4.46, based on 1,580 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Clean Science and Technology's current ROIC % of 17.57% is 293.9% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Clean Science and Technology and its competitors. For the Chemicals industry, the median ROIC % is 4.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Science and Technology's current ROIC % is 17.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Science and Technology stock overvalued right now?
Based on GuruFocus' analysis, Clean Science and Technology (NSE:CLEAN) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,543.26, compared to a current price of ₹773.30 — trading 49.9% below its estimated fair value. The current ROIC % is 17.57% and 293.9% above the Chemicals industry median of 4.46. Clean Science and Technology's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Clean Science and Technology (NSE:CLEAN), the current ROIC % is 17.57% 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 Clean Science and Technology (NSE:CLEAN) Overvalued in 2026?

Based on GuruFocus' analysis, Clean Science and Technology stock appears to be undervalued. The current stock price of ₹773.30 is trading 49.9% below its estimated GF Value™ of ₹1,543.26. GuruFocus considers Clean Science and Technology to be Significantly Undervalued.

Key valuation signals for NSE:CLEAN:

  • ROIC %: 17.57%
  • GF Value™: ₹1,543.26 vs. price of ₹773.30 (49.9% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 293.9% above the Chemicals median

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


Clean Science and Technology Business Description

Other Exchanges 543318:India
Address Office No. 503, Pentagon Tower P-4, Magarpatta City, Hadapsar, Pune, MH, IND, 411 013
Clean Science and Technology Ltd is a chemical manufacturing company. It manufactures functionally critical specialty chemicals such as Performance Chemicals which are MEHQ, BHA, and AP, Pharmaceutical Intermediates such as Guaiacol and DCC, and FMCG Chemicals which include 4-MAP and Anisole. The products are used as polymerization inhibitors, intermediates for agrochemicals and pharmaceuticals, anti-oxidants, UV blockers, and antiretroviral reagents, which are functionally critical in a wide range of industries, including in the manufacture of paints and inks, agrochemicals, pharmaceuticals, flavours and fragrance, and cosmetics products.
77GF Score

Get the complete analysis for NSE:CLEAN

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

₹773.30
Price
₹1,543.26
GF Value