Gujarat Fluorochemicals (BOM:542812) ROCE % : 10.38% (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Gujarat Fluorochemicals 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. Gujarat Fluorochemicals's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.38%.

Gujarat Fluorochemicals ROCE % Historical Data

The historical data trend for Gujarat Fluorochemicals'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.

Gujarat Fluorochemicals ROCE % Chart

Gujarat Fluorochemicals Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

10.62

13.97

24.56

34.56

11.41

Gujarat Fluorochemicals Quarterly Data
	Jun19	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															32.10	19.69	6.99	9.45	10.38

Gujarat Fluorochemicals ROCE % Calculation

Gujarat Fluorochemicals'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 )
	=	7281.8	/	( ( (83713.9 - 23389)	+	(92340.7 - 25028.1) )	/ 2 )
	=	7281.8	/	( (60324.9	+	67312.6)	/ 2 )
	=	7281.8	/	63818.75
	=	11.41 %

Gujarat Fluorochemicals'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 )
	=	6987.6	/	( ( (0 - 0)	+	(92340.7 - 25028.1) )	/ 1 )
	=	6987.6	/	( ( 0	+	67312.6 )	/ 1 )
	=	6987.6	/	67312.6
	=	10.38 %

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

Gujarat Fluorochemicals (BOM:542812) 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.

Gujarat Fluorochemicals ROCE % Related Terms

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

Gujarat Fluorochemicals (BOM:542812) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gujarat Fluorochemicals Ltd (BOM:542812) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FLUOROCHEM:India

Address

INOX Towers, Plot No. 17, Sector 16-A, Noida, UP, IND, 201301

Website

https://www.gfl.co.in

Gujarat Fluorochemicals Ltd is a producer of chloromethanes, refrigerants, caustic soda, and Polytetrafluoro-ethylene in India. It is fully focused on and diversified within fluorine chemistry, making refrigerant gases, fluoro intermediates, and a host of fluoropolymers. The company's products categories include Bulk chemicals, Fluorochemicals, and Fluoropolymer. The company generates the majority of its revenue from Fluoropolymer products. Geographically the company has a presence in India, Europe, the USA, and the Rest of the world, where the majority of its revenue is generated from India.

Gujarat Fluorochemicals (BOM:542812) Headlines

No Headlines