Premier (BOM:500540) ROCE % : 0.00% (As of Dec. 2024)

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What is Premier 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. Premier's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.00%.

Premier ROCE % Historical Data

The historical data trend for Premier'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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Premier ROCE % Chart

Premier Annual Data

Trend

Mar15

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Mar24

ROCE %

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Premier Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
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Premier ROCE % Calculation

Premier's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-87.746	/	( ( (1983.746 - 5014.198)	+	(1896.716 - 5045.894) )	/ 2 )
	=	-87.746	/	( (-3030.452	+	-3149.178)	/ 2 )
	=	-87.746	/	-3089.815
	=	2.84 %

Premier's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-62.4	/	( ( (1866.477 - 5064.116)	+	(0 - 0) )	/ 1 )
	=	-62.4	/	( ( -3197.639	+	0 )	/ 1 )
	=	-62.4	/	-3197.639
	=	0 %

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

Premier (BOM:500540) 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.

Premier ROCE % Related Terms

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Premier Business Description

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PREMIER:India

Address

58, Nariman Bhavan, 5th Floor, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.premier.co.in

Premier Ltd manufactures CNC Machines and heavy engineering products. The company manufactures and supplies wind turbine parts and metro bogie frames for metro rails. Its critical parts involve both structural, forging & casting parts. It operates in one segment namely Engineering consists of the Manufacture of CNC Machines and large mechanical components for the wind energy and infrastructure sectors and professional and engineering services related thereto. It earns revenue from the Manufacture and Sale of goods & rendering services.

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