Keynote Financial Services (NSE:KEYFINSERV) ROCE % : 35.92% (As of Dec. 2023)

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What is Keynote Financial 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. Keynote Financial Services's annualized ROCE % for the quarter that ended in Dec. 2023 was 35.92%.

Keynote Financial Services ROCE % Historical Data

The historical data trend for Keynote Financial 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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Keynote Financial Services ROCE % Chart

Keynote Financial Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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0.26

-3.98

17.48

20.30

0.01

Keynote Financial Services 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															12.43	-7.20	32.95	19.88	35.92

Keynote Financial Services ROCE % Calculation

Keynote Financial 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 )
	=	0.069	/	( ( (1394.242 - 327.188)	+	(1097.983 - 72.585) )	/ 2 )
	=	0.069	/	( (1067.054	+	1025.398)	/ 2 )
	=	0.069	/	1046.226
	=	0.01 %

Keynote Financial 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 )
	=	448.18	/	( ( (1270.649 - 22.942)	+	(0 - 0) )	/ 1 )
	=	448.18	/	( ( 1247.707	+	0 )	/ 1 )
	=	448.18	/	1247.707
	=	35.92 %

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

Keynote Financial Services (NSE:KEYFINSERV) 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.

Keynote Financial Services ROCE % Related Terms

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Keynote Financial Services (NSE:KEYFINSERV) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Keynote Financial Services Ltd (NSE:KEYFINSERV) » Definitions » ROCE %

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512597:India

Address

Senapati Bapat Marg, Kasaravadi, The Ruby, 9th Floor, Dadar (West), Mumbai, MH, IND, 400028

Website

https://www.keynoteindia.net

Keynote Financial Services Ltd is engaged in the capital market business sector. Its operating segments include Corporate Finance; ESOP Advisory; Merchant Banking; and Debt advisory. The company generates maximum revenue from the Corporate Finance segment. Geographically, it generates the majority of the revenue from India.

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