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Zaggle Prepaid Ocean Services (BOM:543985) ROC % : 13.40% (As of Dec. 2024)


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What is Zaggle Prepaid Ocean Services ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Zaggle Prepaid Ocean Services's annualized return on capital (ROC %) for the quarter that ended in Dec. 2024 was 13.40%.

As of today (2025-04-05), Zaggle Prepaid Ocean Services's WACC % is 12.66%. Zaggle Prepaid Ocean Services's ROC % is 16.73% (calculated using TTM income statement data). Zaggle Prepaid Ocean Services generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Zaggle Prepaid Ocean Services ROC % Historical Data

The historical data trend for Zaggle Prepaid Ocean Services's ROC % 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.

Zaggle Prepaid Ocean Services ROC % Chart

Zaggle Prepaid Ocean Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROC %
13.82 43.19 61.74 20.95 14.80

Zaggle Prepaid Ocean Services Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.04 17.70 14.19 12.50 13.40

Zaggle Prepaid Ocean Services ROC % Calculation

Zaggle Prepaid Ocean Services's annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2024 is calculated as:

ROC % (A: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2023 ) + Invested Capital (A: Mar. 2024 ))/ count )
=623.75 * ( 1 - 26.36% )/( (1999.39 + 4205.72)/ 2 )
=459.3295/3102.555
=14.80 %

where

Invested Capital(A: Mar. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2347.59 - 139.99 - ( 208.21 - max(0, 1176.71 - 1758.38+208.21))
=1999.39

Zaggle Prepaid Ocean Services's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=999.84 * ( 1 - 24.84% )/( (5609.59 + 0)/ 1 )
=751.479744/5609.59
=13.40 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) 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.


Zaggle Prepaid Ocean Services  (BOM:543985) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Zaggle Prepaid Ocean Services's WACC % is 12.66%. Zaggle Prepaid Ocean Services's ROC % is 16.73% (calculated using TTM income statement data). Zaggle Prepaid Ocean Services generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Zaggle Prepaid Ocean Services ROC % Related Terms

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Zaggle Prepaid Ocean Services Business Description

Traded in Other Exchanges
Address
C.T.S. No. 4A, Boomerang Building, Ground Floor, B-1004, Village Saki Naka, Taluka Kurla, Andheri (East), District Mumbai Suburban, Mumbai, MH, IND, 400072
Zaggle Prepaid Ocean Services Ltd is into spend management, with a differentiated value proposition and diversified user base. It offers a diversified portfolio of SaaS, including tax and payroll software. The company's core product portfolio includes; Propel, a SaaS platform for channel partner rewards and incentives, employee rewards and recognition; SAVE, a SaaS-based platform for employee expense management, reimbursements and benefits; and Zoyer, an integrated data driven SaaS-based procure-to-pay and utility payment platform. The company's operating segments are based on the nature of the products and services provided and include; Propel platform revenue/gift cards which derives maximum revenue, Platform fee/SaaS fee/Service fee, and Program fee.

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