Euro Panel Products (NSE:EUROBOND) ROCE %

: 22.42% (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

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. Euro Panel Products's annualized ROCE % for the quarter that ended in Sep. 2023 was 22.42%.

Euro Panel Products ROCE % Historical Data

The historical data trend for Euro Panel Products'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.

* Premium members only.

Array ( [0] => 22.37 [1] => 22.66 [2] => 19.64 [3] => 27.57 [4] => 18.58 )

Euro Panel Products Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

22.37

22.66

19.64

27.57

18.58

Euro Panel Products Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %				30.28	25.90	13.89	21.61	22.42

Euro Panel Products ROCE % Calculation

Euro Panel Products'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 )
	=	205.876	/	( ( (1851.842 - 787.238)	+	(2220.351 - 1069.02) )	/ 2 )
	=	205.876	/	( (1064.604	+	1151.331)	/ 2 )
	=	205.876	/	1107.9675
	=	18.58 %

Euro Panel Products'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 )
	=	268.88	/	( ( (2220.351 - 1069.02)	+	(2524.802 - 1277.882) )	/ 2 )
	=	268.88	/	( ( 1151.331	+	1246.92 )	/ 2 )
	=	268.88	/	1199.1255
	=	22.42 %

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

Euro Panel Products (NSE:EUROBOND) 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.

Euro Panel Products ROCE % Related Terms

Thank you for viewing the detailed overview of Euro Panel Products's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Euro Panel Products (NSE:EUROBOND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Euro Panel Products Ltd (NSE:EUROBOND) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ramdas Sutrale Road, 702, 7th Floor, Aravalli Business Centre, Borivali (West), Mumbai, MH, IND, 400092

Website

https://www.eurobondacp.com

Euro Panel Products Ltd is engaged in the manufacturing and supplying of Aluminium Composite Panels (ACP) globally. ACPs are a kind of panels, which are widely used as an exterior covering of commercial buildings and corporate houses. the company products also include stone series for the exterior of the building, high-pressure laminates, ACP sign board, and ACP elevation. majority of the company's revenue is derived from India.

Euro Panel Products (NSE:EUROBOND) Headlines

No Headlines