Dreamfolks Services (NSE:DREAMFOLKS) ROCE % : 52.95% (As of Dec. 2023)

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What is Dreamfolks Services 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. Dreamfolks Services's annualized ROCE % for the quarter that ended in Dec. 2023 was 52.95%.

Dreamfolks Services ROCE % Historical Data

The historical data trend for Dreamfolks Services'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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Dreamfolks Services ROCE % Chart

Dreamfolks Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

ROCE %

62.90

0.21

26.50

76.32

Dreamfolks Services Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial							85.88	81.32	42.82	46.75	52.95

Dreamfolks Services ROCE % Calculation

Dreamfolks Services'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 )
	=	984.2	/	( ( (1686.83 - 773.7)	+	(3229.17 - 1563.21) )	/ 2 )
	=	984.2	/	( (913.13	+	1665.96)	/ 2 )
	=	984.2	/	1289.545
	=	76.32 %

Dreamfolks Services'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 )
	=	1083.04	/	( ( (4146.46 - 2100.93)	+	(0 - 0) )	/ 1 )
	=	1083.04	/	( ( 2045.53	+	0 )	/ 1 )
	=	1083.04	/	2045.53
	=	52.95 %

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

Dreamfolks Services (NSE:DREAMFOLKS) 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.

Dreamfolks Services ROCE % Related Terms

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Dreamfolks Services (NSE:DREAMFOLKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Dreamfolks Services Ltd (NSE:DREAMFOLKS) » Definitions » ROCE %

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Traded in Other Exchanges

543591:India

Address

501, Tower 2, Fifth Floor, Worldmark, Sector-65, Gurugram, HR, IND, 122 018

Website

https://www.dreamfolks.in

Dreamfolks Services Ltd is an airport service aggregator platform, an incubator of the industry with its, asset light, capital efficient business model. DreamFolks' provides services to all the Card Networks operating in India including Visa, Mastercard, Diners/Discover and RuPay; and many of India's prominent Card Issuers. It provides with access to a host of services: from door-step to the airport, within the airport, and again from the airport to the door-step at the destination, including Lounges, Food and Beverage, Spa, Meet and Assist, Airport Transfer, Transit Hotels/Nap Room access, and Baggage Transfer.

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