Value Industries (NSE:VALUEIND) ROCE % : 0.00% (As of Mar. 2023)

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What is Value Industries 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. Value Industries's annualized ROCE % for the quarter that ended in Mar. 2023 was 0.00%.

Value Industries ROCE % Historical Data

The historical data trend for Value Industries'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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Value Industries ROCE % Chart

Value Industries Annual Data

Trend

Dec14

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Mar23

ROCE %

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Value Industries Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
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Value Industries ROCE % Calculation

Value Industries'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 )
	=	-334.89	/	( ( (9202.91 - 20698.6)	+	(8858.61 - 22685.4) )	/ 2 )
	=	-334.89	/	( (-11495.69	+	-13826.79)	/ 2 )
	=	-334.89	/	-12661.24
	=	2.65 %

Value Industries's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2023 )		(Q: Dec. 2022 )		(Q: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2023 )		(Q: Dec. 2022 )		(Q: Mar. 2023 )
	=	-297.36	/	( ( (0 - 0)	+	(8858.61 - 22685.4) )	/ 1 )
	=	-297.36	/	( ( 0	+	-13826.79 )	/ 1 )
	=	-297.36	/	-13826.79
	=	0 %

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

Value Industries (NSE:VALUEIND) 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.

Value Industries ROCE % Related Terms

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Value Industries (NSE:VALUEIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Value Industries Ltd (NSE:VALUEIND) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

171-C, Jamanalal Bajaj Marg,, Plot-224, C Wing, Floor-17, Mittal Court, Nariman Point, Mumbai, MH, IND, 400021

Website

http://www.valueind.in

Value Industries Ltd is engaged in manufacturing, wholesale and trading of consumer electronics and home appliances. The company is engaged in the business of manufacturing and trading of consumer electronics goods including washing machines, air conditioners, refrigerators, and other home appliances.

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