JCT (BOM:500223) ROCE %: -30.08% (As of Jun. 2023)


BOM:500223 JCT Ltd BOM:500223
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What is JCT ROCE %?

JCT BOM:500223 4 ROCE % is -30.08% as of Jun. 2023. GuruFocus rates BOM:500223 with a GF Score™ of 4/100.

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. JCT's annualized ROCE % for the quarter that ended in Jun. 2023 was -30.08%.

JCT  (BOM:500223) 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.

JCT ROCE % Related Terms

JCT ROCE % Historical Data

* Premium members only.

The historical data trend for JCT'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.

JCT ROCE % Chart

JCT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.89 -1.24 11.46 11.24 -11.36

JCT Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 6.10 -13.28 -7.36 -35.98 -30.08
BOM:500223
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JCT Ltd BOM:500223
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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JCT ROCE % Calculation

JCT'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 )
=-483.119/( ( (8601.073 - 3748.281) + (8076.354 - 4423.663) )/ 2 )
=-483.119/( (4852.792+3652.691)/ 2 )
=-483.119/4252.7415
=-11.36 %

JCT's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=-1098.8/( ( (8076.354 - 4423.663) + (0 - 0) )/ 1 )
=-1098.8/( ( 3652.691 + 0 )/ 1 )
=-1098.8/3652.691
=-30.08 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -30.08% mean?
JCT (BOM:500223) has a ROCE % of -30.08% as of Jun. 2023.
Is JCT's ROCE % too high?
JCT's current ROCE % is -30.08%. Overall, JCT has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does JCT's ROCE % compare to AIN?
JCT's ROCE % of -30.08% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.12. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.12, based on 1,038 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JCT's current ROCE % is -30.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JCT stock overvalued right now?
JCT (BOM:500223) has a current ROCE % of -30.08%. The current ROCE % is -30.08%. JCT's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For JCT (BOM:500223), the current ROCE % is -30.08% as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

JCT Business Description

Address 601, Prabhat Kiran, 17th Rajendra Place, New Delhi, IND, 110008
JCT Ltd is engaged in the manufacture of textiles and man-made fibers (nylon filament yarns). The company operates through two segments: Textiles and Filament yarn. The products considered as a part of the Textile segment are cloth and yarn and the products considered as a part of the Filament segment are nylon yarn and chips. The company generates maximum revenue from the Textile segment.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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