Central Provinces Railways Co (BOM:501827) ROCE %: -5.68% (As of Sep. 2019)

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What is Central Provinces Railways Co ROCE %?

Central Provinces Railways Co BOM:501827 ROCE % is -5.68% as of Sep. 2019.

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. Central Provinces Railways Co's annualized ROCE % for the quarter that ended in Sep. 2019 was -5.68%.

Central Provinces Railways Co  (BOM:501827) 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.

Central Provinces Railways Co ROCE % Related Terms

Central Provinces Railways Co ROCE % Historical Data

* Premium members only.

The historical data trend for Central Provinces Railways Co'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.

Central Provinces Railways Co ROCE % Chart

Central Provinces Railways Co Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -94.99 -8.30 -10.22

Central Provinces Railways Co Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -7.46 -21.53 -11.58 -34.58 -5.68

Central Provinces Railways Co ROCE % Calculation

Central Provinces Railways Co's annualized ROCE % for the fiscal year that ended in Mar. 2019 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2019 )  (A: Mar. 2018 )(A: Mar. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2019 )  (A: Mar. 2018 )(A: Mar. 2019 )
=-0.852/( ( (10.331 - 1.567) + (10.312 - 2.4) )/ 2 )
=-0.852/( (8.764+7.912)/ 2 )
=-0.852/8.338
=-10.22 %

Central Provinces Railways Co's ROCE % of for the quarter that ended in Sep. 2019 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2019 )  (Q: Jun. 2019 )(Q: Sep. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2019 )  (Q: Jun. 2019 )(Q: Sep. 2019 )
=-0.404/( ( (0 - 0) + (10.604 - 3.486) )/ 1 )
=-0.404/( ( 0 + 7.118 )/ 1 )
=-0.404/7.118
=-5.68 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2019) 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 -5.68% mean?
Central Provinces Railways Co (BOM:501827) has a ROCE % of -5.68% as of Sep. 2019.
Is Central Provinces Railways Co's ROCE % too high?
Central Provinces Railways Co's current ROCE % is -5.68%.
How does Central Provinces Railways Co's ROCE % compare to competitors?
Central Provinces Railways Co's ROCE % of -5.68% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.80. 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 Transportation company?
The median ROCE % among Transportation companies is 7.80, based on 992 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 Transportation industry, the median ROCE % is 7.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Provinces Railways Co's current ROCE % is -5.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Provinces Railways Co stock overvalued right now?
Central Provinces Railways Co (BOM:501827) has a current ROCE % of -5.68%. The current ROCE % is -5.68%. 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 Central Provinces Railways Co (BOM:501827), the current ROCE % is -5.68% as of Sep. 2019. 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.

Central Provinces Railways Co Business Description

Address S. V. P. Road, Unit No.B-35, Ground Floor, Building No. 01, Ganjawala Shopping Center, Borivali (West), Mumbai, MH, IND, 400092
Central Provinces Railways Co Ltd is engaged in providing transportation services through railways in India. Its business activities include construction of floating or submersible drilling platforms. In addition, the group is also involved in manufacturing assembled railway track fixtures. The group principally carries its business operations in India.