Prism Johnson (NSE:PRSMJOHNSN) ROCE % : -0.66% (As of Mar. 2024)

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What is Prism Johnson 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. Prism Johnson's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.66%.

Prism Johnson ROCE % Historical Data

The historical data trend for Prism Johnson'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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Prism Johnson ROCE % Chart

Prism Johnson Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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9.18

9.86

7.08

0.23

10.44

Prism Johnson 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															6.80	9.18	30.44	4.77	-0.66

Prism Johnson ROCE % Calculation

Prism Johnson'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 )
	=	3669.1	/	( ( (65560.5 - 32536.8)	+	(70894.8 - 33595.6) )	/ 2 )
	=	3669.1	/	( (33023.7	+	37299.2)	/ 2 )
	=	3669.1	/	35161.45
	=	10.44 %

Prism Johnson'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 )
	=	-248	/	( ( (0 - 0)	+	(70894.8 - 33595.6) )	/ 1 )
	=	-248	/	( ( 0	+	37299.2 )	/ 1 )
	=	-248	/	37299.2
	=	-0.66 %

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

Prism Johnson (NSE:PRSMJOHNSN) 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.

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Prism Johnson (NSE:PRSMJOHNSN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Prism Johnson Ltd (NSE:PRSMJOHNSN) » Definitions » ROCE %

Traded in Other Exchanges

500338:India

Address

Vallabhai Patel Road, 2nd Floor, Rahejas, Main Avenue, Santacruz (West), Mumbai, MH, IND, 400 054

Website

https://www.prismjohnson.in

Prism Johnson Ltd is an integrated building materials company that makes cement products. Prism creates Portland pozzolana cement and sells it under multiple brand names that include Champion, Hi-Tech, and DuraTech. Prism operates two subsidiaries that supplement its core cement offerings: H&R Johnson and RMC Readymix. H&R Johnson builds sanitary products and ceramic tiles for kitchens and bathrooms. RMC Readymix sells ready-mixed concrete under brand names that include Enviroprotectcrete, Thermocrete, and Dycrete. It has three business segments Cement; Tile and Bath (HRJ) and Ready Mixed Concrete (RMC). The company generates the vast majority of its revenue in India.

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