Emmbi Industries (NSE:EMMBI) ROCE % : 11.67% (As of Dec. 2023)

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What is Emmbi Industries 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. Emmbi Industries's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.67%.

Emmbi Industries ROCE % Historical Data

The historical data trend for Emmbi Industries'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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Emmbi Industries ROCE % Chart

Emmbi Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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19.89

15.69

9.46

16.25

10.30

Emmbi Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															9.61	4.86	10.21	11.83	11.67

Emmbi Industries ROCE % Calculation

Emmbi Industries'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 )
	=	239.04	/	( ( (3546.04 - 1275.07)	+	(3663 - 1293.28) )	/ 2 )
	=	239.04	/	( (2270.97	+	2369.72)	/ 2 )
	=	239.04	/	2320.345
	=	10.30 %

Emmbi Industries'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 )
	=	269.2	/	( ( (3759.94 - 1453.51)	+	(0 - 0) )	/ 1 )
	=	269.2	/	( ( 2306.43	+	0 )	/ 1 )
	=	269.2	/	2306.43
	=	11.67 %

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

Emmbi Industries (NSE:EMMBI) 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.

Emmbi Industries ROCE % Related Terms

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Emmbi Industries (NSE:EMMBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Emmbi Industries Ltd (NSE:EMMBI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

533161:India

Address

Dani Corporate Park, 158, CST Road, Ground Floor of the Main Building, Santacruz (East), Kalina, Mumbai, MH, IND, 400098

Website

https://www.emmbi.com

Emmbi Industries Ltd is involved in woven polyethylene and polypropylene product manufacturing. The company is engaged in the manufacture and sale of FIBC (Flexible Intermediate Bulk Containers) Woven Sacks and various woven polymer-based products like container liners, protective irrigation systems, canal liners, flexitanks, and car covers. The principal activities comprise the Manufacturing of HDPE & PP - Woven Polymer Based Products.

Emmbi Industries (NSE:EMMBI) Headlines

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