Sify Technologies (Sify Technologies) ROCE % : 4.74% (As of Dec. 2023)

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What is Sify Technologies 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. Sify Technologies's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.74%.

Sify Technologies ROCE % Historical Data

The historical data trend for Sify Technologies'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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Sify Technologies ROCE % Chart

Sify Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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11.37

13.49

12.18

7.97

6.08

Sify Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															8.97	7.07	4.78	4.74	-

Sify Technologies ROCE % Calculation

Sify Technologies'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 )
	=	30.71	/	( ( (617.78 - 276.998)	+	(697.783 - 268.212) )	/ 2 )
	=	30.71	/	( (340.782	+	429.571)	/ 2 )
	=	30.71	/	385.1765
	=	7.97 %

Sify Technologies'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 )
	=	24.264	/	( ( (824.979 - 312.77)	+	(0 - 0) )	/ 1 )
	=	24.264	/	( ( 512.209	+	0 )	/ 1 )
	=	24.264	/	512.209
	=	4.74 %

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

Sify Technologies (NAS:SIFY) 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.

Sify Technologies ROCE % Related Terms

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Sify Technologies (Sify Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sify Technologies Ltd (NAS:SIFY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

IWY1:Germany

Address

4, Rajiv Gandhi Salai, Tidel Park, 2nd Floor, Taramani, Chennai, TN, IND, 600113

Website

https://www.sifytechnologies.com

Sify Technologies Ltd is a provider of corporate network services in India. The firm is also the fifth Internet access provider in the country. Sify controls the network of franchised cybercafes in India and owns several popular Internet portals, one of which--Sify.com--is among India's top 10 sites in terms of traffic. The firm's revenue is derived from segment services to enterprise customers, comprising Network services, Data Center services, Cloud and Managed Services, Technology Integration Services, and Applications Integration services. The Group has two geographic segments India and the rest of the world.