Macfos (BOM:543787) ROCE % : 51.90% (As of Sep. 2023)

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What is Macfos 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. Macfos's annualized ROCE % for the quarter that ended in Sep. 2023 was 51.90%.

Macfos ROCE % Historical Data

The historical data trend for Macfos'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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Macfos ROCE % Chart

Macfos Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

56.73

100.87

109.30

67.20

63.39

Macfos Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial			-	61.70	70.63	51.90	-

Macfos ROCE % Calculation

Macfos'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 )
	=	160.272	/	( ( (328.733 - 123.218)	+	(501.637 - 201.496) )	/ 2 )
	=	160.272	/	( (205.515	+	300.141)	/ 2 )
	=	160.272	/	252.828
	=	63.39 %

Macfos'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 )
	=	114.774	/	( ( (328.733 - 123.218)	+	(438.928 - 202.181) )	/ 2 )
	=	114.774	/	( ( 205.515	+	236.747 )	/ 2 )
	=	114.774	/	221.131
	=	51.90 %

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

Macfos (BOM:543787) 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.

Macfos ROCE % Related Terms

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Macfos (BOM:543787) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Macfos Ltd (BOM:543787) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bhosari Alandi Road, S. No. 78/1, Sumant Building, Dynamic Logistics Trade Park, Dighi, Pune, MH, IND, 411015

Website

https://www.robu.in

Macfos Ltd is an e-commerce-based Company. The company is focused on the marketing of a broad range of electronic components which finds application in basic and engineering products & projects, including emerging technologies such as IoT, Robotics, automation, Drone, Electric Vehicles, 3D Printing, and Auto Guided Vehicles. The company operates in a single segment of electronic items and parts. The company's portfolio consists of electronics components and parts that facilitate consumers such as manufacturers, electrical & mechanical engineering students, educational institutions, researchers, and developers, to turn their ideas into reality as well as to speed up their product's R&D and prototyping cycle.

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