Magson Retail and Distribution (NSE:MAGSON) ROCE % : 17.97% (As of Sep. 2023)

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What is Magson Retail and Distribution 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. Magson Retail and Distribution's annualized ROCE % for the quarter that ended in Sep. 2023 was 17.97%.

Magson Retail and Distribution ROCE % Historical Data

The historical data trend for Magson Retail and Distribution'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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Magson Retail and Distribution ROCE % Chart

Magson Retail and Distribution Annual Data

Trend

Mar21

Mar22

Mar23

ROCE %

41.99

49.16

40.57

Magson Retail and Distribution Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23
ROCE %	-	-	37.09	43.07	17.97

Magson Retail and Distribution ROCE % Calculation

Magson Retail and Distribution'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 )
	=	38.042	/	( ( (149.469 - 71.238)	+	(199.987 - 90.7) )	/ 2 )
	=	38.042	/	( (78.231	+	109.287)	/ 2 )
	=	38.042	/	93.759
	=	40.57 %

Magson Retail and Distribution's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	30.83	/	( ( (199.987 - 90.7)	+	(324.125 - 90.379) )	/ 2 )
	=	30.83	/	( ( 109.287	+	233.746 )	/ 2 )
	=	30.83	/	171.5165
	=	17.97 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Magson Retail and Distribution (NSE:MAGSON) 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.

Magson Retail and Distribution ROCE % Related Terms

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Magson Retail and Distribution (NSE:MAGSON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Magson Retail and Distribution Ltd (NSE:MAGSON) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Near Judges Bungalows Cross Roads, 204-B, Primate Complex, Opposite Mother Milk Palace, Bodakdev, Ahmedabad, GJ, IND, 380015

Website

https://www.magson.in

Magson Retail and Distribution Ltd is engaged in the retail and Distribution business of gourmet, frozen food, and specialty foods. The company operates retail stores through and own stores, jointly owned stores, and a franchise model under its brand name 'MagSon'. In addition, the company has a separate chocolate store that is operated under the brand name 'My Chocolate World'.

Magson Retail and Distribution (NSE:MAGSON) Headlines

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