GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Prime Focus Ltd (NSE:PFOCUS) » Definitions » ROCE %

Prime Focus (NSE:PFOCUS) ROCE % : -0.12% (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Prime Focus 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. Prime Focus's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.12%.


Prime Focus ROCE % Historical Data

The historical data trend for Prime Focus'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.

Prime Focus ROCE % Chart

Prime Focus Annual Data
Trend Jun14 Jun15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.19 1.94 9.46 13.21 19.57

Prime Focus Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.03 29.23 6.77 -9.79 -0.12

Prime Focus ROCE % Calculation

Prime Focus'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 )
=7268.54/( ( (56779.5 - 33807.2) + (67844.754 - 16534.649) )/ 2 )
=7268.54/( (22972.3+51310.105)/ 2 )
=7268.54/37141.2025
=19.57 %

Prime Focus'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 )
=-60.168/( ( (69031.973 - 18534.313) + (0 - 0) )/ 1 )
=-60.168/( ( 50497.66 + 0 )/ 1 )
=-60.168/50497.66
=-0.12 %

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

* 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.


Prime Focus  (NSE:PFOCUS) 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.


Prime Focus ROCE % Related Terms

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


Prime Focus (NSE:PFOCUS) Business Description

Traded in Other Exchanges
Address
Prime Focus House, Linking Road, Opposite Citi Bank, Khar (West), Mumbai, MH, IND, 400 052
Prime Focus Ltd is an Indian integrated media service provider. The company is engaged in providing post-production services which include digital intermediate, visual effects, stereo 3D conversion, and animation technology products and services. It also provides stereo conversion, color grading, sound and picture post, renting of camera equipment, visual effects services, media enterprise resource planning and suite, and cloud-enabled media services. Geographically, it derives a majority of revenue from Canada.

Prime Focus (NSE:PFOCUS) Headlines

No Headlines