DAPS advertising (BOM:543651) ROCE % : 10.30% (As of Mar. 2024)

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What is DAPS advertising 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. DAPS advertising's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.30%.

DAPS advertising ROCE % Historical Data

The historical data trend for DAPS advertising'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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DAPS advertising ROCE % Chart

DAPS advertising Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

9.14

4.09

19.78

22.97

9.77

DAPS advertising Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial			-	26.65	24.61	9.14	10.30

DAPS advertising ROCE % Calculation

DAPS advertising'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 )
	=	15.04	/	( ( (191.355 - 41.362)	+	(185.901 - 27.997) )	/ 2 )
	=	15.04	/	( (149.993	+	157.904)	/ 2 )
	=	15.04	/	153.9485
	=	9.77 %

DAPS advertising'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: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	16.132	/	( ( (195.762 - 40.452)	+	(185.901 - 27.997) )	/ 2 )
	=	16.132	/	( ( 155.31	+	157.904 )	/ 2 )
	=	16.132	/	156.607
	=	10.30 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

DAPS advertising (BOM:543651) 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.

DAPS advertising ROCE % Related Terms

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DAPS advertising (BOM:543651) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » DAPS advertising Ltd (BOM:543651) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Office No. 9-B, The Mall, 128, Clyde House, Kanpur, UP, IND, 208001

Website

http://www.dapsadvertising.com

DAPS advertising Ltd is engaged in the business of providing advertising agency services. The company offers a range of advertising media services consisting of print media, electronic media and outdoor media services which cover advertisement modes such as newspapers, brochures, magazines, television channels, FM channels and display of outdoor hoardings and others.

DAPS advertising (BOM:543651) Headlines

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