Labelkraft Technologies (BOM:543830) ROCE % : 15.88% (As of Mar. 2024)

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What is Labelkraft Technologies 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. Labelkraft Technologies's annualized ROCE % for the quarter that ended in Mar. 2024 was 15.88%.

Labelkraft Technologies ROCE % Historical Data

The historical data trend for Labelkraft Technologies'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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Labelkraft Technologies ROCE % Chart

Labelkraft Technologies Annual Data

Trend

Mar23

Mar24

ROCE %

3.53

14.53

Labelkraft Technologies Semi-Annual Data
	Mar23	Sep23	Mar24
ROCE %	7.06	13.55	15.88

Labelkraft Technologies ROCE % Calculation

Labelkraft Technologies'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 )
	=	17.592	/	( ( (133.96 - 11.98)	+	(137.588 - 17.479) )	/ 2 )
	=	17.592	/	( (121.98	+	120.109)	/ 2 )
	=	17.592	/	121.0445
	=	14.53 %

Labelkraft Technologies'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 )
	=	18.922	/	( ( (130.579 - 12.449)	+	(137.588 - 17.479) )	/ 2 )
	=	18.922	/	( ( 118.13	+	120.109 )	/ 2 )
	=	18.922	/	119.1195
	=	15.88 %

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

Labelkraft Technologies (BOM:543830) 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.

Labelkraft Technologies ROCE % Related Terms

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Labelkraft Technologies (BOM:543830) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Labelkraft Technologies Ltd (BOM:543830) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

14/12, Jayachamarajendra Road, Bengaluru, KA, IND, 560002

Website

https://www.labelkraft.com

Labelkraft Technologies Ltd is engaged in the business of providing barcode code solutions. The company offers services to many different segments of industries like FMCG, logistics service providers, chemicals, garments, and others.

Labelkraft Technologies (BOM:543830) Headlines

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