Dynamatic Technologies (BOM:505242) ROCE % : 8.65% (As of Dec. 2024)

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What is Dynamatic Technologies 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. Dynamatic Technologies's annualized ROCE % for the quarter that ended in Dec. 2024 was 8.65%.

Dynamatic Technologies ROCE % Historical Data

The historical data trend for Dynamatic Technologies'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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Dynamatic Technologies ROCE % Chart

Dynamatic Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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15.72

8.86

11.47

13.28

19.93

Dynamatic Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															13.28	27.41	10.34	12.05	8.65

Dynamatic Technologies ROCE % Calculation

Dynamatic Technologies'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 )
	=	1904	/	( ( (16688 - 7533.5)	+	(15722.5 - 5765.7) )	/ 2 )
	=	1904	/	( (9154.5	+	9956.8)	/ 2 )
	=	1904	/	9555.65
	=	19.93 %

Dynamatic Technologies'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 )
	=	882.8	/	( ( (15978.4 - 5771.6)	+	(0 - 0) )	/ 1 )
	=	882.8	/	( ( 10206.8	+	0 )	/ 1 )
	=	882.8	/	10206.8
	=	8.65 %

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

Dynamatic Technologies (BOM:505242) 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.

Dynamatic Technologies ROCE % Related Terms

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Dynamatic Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Dynamatic Technologies Ltd (BOM:505242) » Definitions » ROCE %

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Traded in Other Exchanges

DYNAMATECH:India

Address

JKM Plaza, Dynamatic Aerotropolis, 55 KIADB Aerospace Park, Devanahalli, Bengaluru, KA, IND, 562149

Website

https://www.dynamatics.com

Dynamatic Technologies Ltd is involved in the manufacturing of automotive components, hydraulics components, aerospace components, and wind farm power generation. The company has three main business segments: Hydraulics: Engaged in manufacturing hydraulic pumps, hand pumps, lift assemblies, valves, and power packs, Aerospace: Engaged in the manufacturing of airframe structures and precision aerospace components, Others: Includes the the Homeland division and Medical division, offering security products, and manufacturing medical kits respectively. The company earns the majority of its revenue from the hydraulics segment.

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