GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » AGI Greenpac Ltd (BOM:500187) » Definitions » ROCE %

AGI Greenpac (BOM:500187) ROCE % : 17.72% (As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is AGI Greenpac ROCE %?

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. AGI Greenpac's annualized ROCE % for the quarter that ended in Mar. 2024 was 17.72%.


AGI Greenpac ROCE % Historical Data

The historical data trend for AGI Greenpac'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.

* Premium members only.

AGI Greenpac ROCE % Chart

AGI Greenpac Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.47 8.36 8.77 14.56 17.04

AGI Greenpac Quarterly Data
Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 25.97 16.99 15.73 17.97 17.72

AGI Greenpac ROCE % Calculation

AGI Greenpac's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=4269.5/( ( (31194.951 - 6881.129) + (33569.6 - 7766.9) )/ 2 )
=4269.5/( (24313.822+25802.7)/ 2 )
=4269.5/25058.261
=17.04 %

AGI Greenpac's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=4572/( ( (0 - 0) + (33569.6 - 7766.9) )/ 1 )
=4572/( ( 0 + 25802.7 )/ 1 )
=4572/25802.7
=17.72 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) 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.


AGI Greenpac  (BOM:500187) 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.


AGI Greenpac ROCE % Related Terms

Thank you for viewing the detailed overview of AGI Greenpac's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


AGI Greenpac (BOM:500187) Business Description

Traded in Other Exchanges
Address
National Highway 8, 301-302, 3rd Floor, Park Centra, Sector 30, Gurugram, HR, IND, 122 001
AGI Greenpac Ltd is an India-based company engaged in the business segments of Investment Property, Packaging Products, and others. It generates maximum revenue from the Packaging products segment. In the Packaging Products segment, the company manufactures and markets various packaging products, including Glass containers Polyethylene Terephthalate (PET) bottles and products, and Security caps and closures. The Investment Property division comprises land & buildings owned by the Company and given on lease and the other segment includes wind power generation and other activities. The activities of the company are limited within the Indian Territories.

AGI Greenpac (BOM:500187) Headlines

No Headlines