Oriental Hotels (NSE:ORIENTHOT) ROCE % : 12.66% (As of Mar. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Oriental Hotels 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. Oriental Hotels's annualized ROCE % for the quarter that ended in Mar. 2024 was 12.66%.

Oriental Hotels ROCE % Historical Data

The historical data trend for Oriental Hotels'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.

Oriental Hotels ROCE % Chart

Oriental Hotels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

2.69

-7.49

0.61

14.09

11.38

Oriental Hotels 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															16.71	9.65	8.95	15.03	12.66

Oriental Hotels ROCE % Calculation

Oriental Hotels'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 )
	=	849.6	/	( ( (8279.608 - 958.877)	+	(8901.7 - 1289.5) )	/ 2 )
	=	849.6	/	( (7320.731	+	7612.2)	/ 2 )
	=	849.6	/	7466.4655
	=	11.38 %

Oriental Hotels'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 )
	=	963.6	/	( ( (0 - 0)	+	(8901.7 - 1289.5) )	/ 1 )
	=	963.6	/	( ( 0	+	7612.2 )	/ 1 )
	=	963.6	/	7612.2
	=	12.66 %

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

Oriental Hotels (NSE:ORIENTHOT) 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.

Oriental Hotels ROCE % Related Terms

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

Oriental Hotels (NSE:ORIENTHOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Oriental Hotels Ltd (NSE:ORIENTHOT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

500314:India

Address

No. 37, Mahatma Gandhi Road, Taj Coromandel, Nugambakkam, Chennai, TN, IND, 600034

Website

http://www.orientalhotels.co.in

Oriental Hotels Ltd operates hotels. Some of its hotels are Taj Malabar Resort and Spa, Taj Fisherman's Cove Resort and Spa, and Taj Coromandel, and others. The company generates its revenue from providing Rooms, Food, Beverage and Banquets services, and Space and shop rentals among others. Geographically, it generates a majority of its revenue from India.

Oriental Hotels (NSE:ORIENTHOT) Headlines

No Headlines