U. H. Zaveri (BOM:541338) ROCE % : 10.51% (As of Dec. 2023)

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What is U. H. Zaveri 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. U. H. Zaveri's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.51%.

U. H. Zaveri ROCE % Historical Data

The historical data trend for U. H. Zaveri'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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U. H. Zaveri ROCE % Chart

U. H. Zaveri Annual Data

Trend

Jan18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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0.34

0.40

1.30

4.20

7.76

U. H. Zaveri Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial											5.62	17.91	8.45	10.48	10.51

U. H. Zaveri ROCE % Calculation

U. H. Zaveri'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 )
	=	11.019	/	( ( (141.382 - 4.598)	+	(151.516 - 4.314) )	/ 2 )
	=	11.019	/	( (136.784	+	147.202)	/ 2 )
	=	11.019	/	141.993
	=	7.76 %

U. H. Zaveri'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 )
	=	15.876	/	( ( (158.6 - 7.582)	+	(0 - 0) )	/ 1 )
	=	15.876	/	( ( 151.018	+	0 )	/ 1 )
	=	15.876	/	151.018
	=	10.51 %

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

U. H. Zaveri (BOM:541338) 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.

U. H. Zaveri ROCE % Related Terms

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U. H. Zaveri (BOM:541338) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » U. H. Zaveri Ltd (BOM:541338) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Nikol Road, GF/2, Manish Complex, Indrajit Tenaments, Shop No. 1-2, Opposite Diamond Mill, Bapunagar, Ahmedabad, GJ, IND, 382350

Website

https://www.uhzaveri.in

U. H. Zaveri Ltd is a gem and jewellery company. The company is engaged in wholesale, retail, and trading of gold jewellery. Its operating business segments are wholesale and retail of jewellery, and trading of jewellery. The company also sells customized jewelry, and gold and silver jewelry articles. The company designs the jewelry inhouse or buys the design from third-party designers or purchases ready-to-sell jewelry directly from manufacturers.

U. H. Zaveri (BOM:541338) Headlines

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