Century Extrusions (BOM:500083) ROCE % : 25.50% (As of Dec. 2023)

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What is Century Extrusions 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. Century Extrusions's annualized ROCE % for the quarter that ended in Dec. 2023 was 25.50%.

Century Extrusions ROCE % Historical Data

The historical data trend for Century Extrusions'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.

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Century Extrusions ROCE % Chart

Century Extrusions Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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24.70

21.19

16.09

22.32

21.74

Century Extrusions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															24.15	10.69	26.52	28.67	25.50

Century Extrusions ROCE % Calculation

Century Extrusions's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	159.3	/	( ( (1368.2 - 632.7)	+	(1329 - 599.1) )	/ 2 )
	=	159.3	/	( (735.5	+	729.9)	/ 2 )
	=	159.3	/	732.7
	=	21.74 %

Century Extrusions's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	196.4	/	( ( (1417.7 - 647.6)	+	(0 - 0) )	/ 1 )
	=	196.4	/	( ( 770.1	+	0 )	/ 1 )
	=	196.4	/	770.1
	=	25.50 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Century Extrusions (BOM:500083) 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.

Century Extrusions ROCE % Related Terms

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Century Extrusions (BOM:500083) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Century Extrusions Ltd (BOM:500083) » Definitions » ROCE %

Traded in Other Exchanges

CENTEXT:India

Address

113, Park Street, N Block, 2nd Floor, Kolkata, WB, IND, 700016

Website

https://www.centuryextrusions.com

Century Extrusions Ltd is a manufacturer of aluminum extruded products. The company operates through two business segments namely the Manufacturing of Aluminium extruded products, and the Manufacturing of Power transmission and distribution line hardware products. The extruded products of the company are used for various applications, such as profiles for architectural, hardware, road transport - vehicles, railways, electrical and electronic applications, engineering applications, the automotive sector, consumer durables, defense, and irrigation. In addition, the company also supplies extruded and cold-drawn wires in coil form to be used as armor rods, detonator shell stock, lamp pin stock, metalizing wire, rivet stock, and welding filler wire.

Century Extrusions (BOM:500083) Headlines

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