Yug Decor (BOM:540550) ROCE % : 26.68% (As of Sep. 2023)

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What is Yug Decor 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. Yug Decor's annualized ROCE % for the quarter that ended in Sep. 2023 was 26.68%.

Yug Decor ROCE % Historical Data

The historical data trend for Yug Decor'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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Yug Decor ROCE % Chart

Yug Decor Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-4.96

13.57

5.19

5.13

22.12

Yug Decor Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial														-8.75	19.28	5.78	38.04	26.68

Yug Decor ROCE % Calculation

Yug Decor'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 )
	=	18.939	/	( ( (152.497 - 73.761)	+	(157.968 - 65.458) )	/ 2 )
	=	18.939	/	( (78.736	+	92.51)	/ 2 )
	=	18.939	/	85.623
	=	22.12 %

Yug Decor's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	25.278	/	( ( (157.968 - 65.458)	+	(167.894 - 70.946) )	/ 2 )
	=	25.278	/	( ( 92.51	+	96.948 )	/ 2 )
	=	25.278	/	94.729
	=	26.68 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Yug Decor (BOM:540550) 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.

Yug Decor ROCE % Related Terms

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Yug Decor (BOM:540550) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Yug Decor Ltd (BOM:540550) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ashram Road, 709-714, Sakar- V, Behind Old Natraj Cinema, Ahmedabad, GJ, IND, 380009

Website

https://www.yugdecor.com

Yug Decor Ltd manufactures different kinds of adhesives and sealants. The product portfolio of the company includes Synthetic Binders, Synthetic Resin Adhesives, Footwear Adhesives, Natural Rubber Adhesives under the brand YUG-COL. It operates in India as well as exports its products outside the country.

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