PTL Enterprises (BOM:509220) ROCE % : 4.87% (As of Dec. 2024)

View and export this data going back to 1991. Start your Free Trial

What is PTL Enterprises 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. PTL Enterprises's annualized ROCE % for the quarter that ended in Dec. 2024 was 4.87%.

PTL Enterprises ROCE % Historical Data

The historical data trend for PTL Enterprises'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.

* Premium members only.

PTL Enterprises ROCE % Chart

PTL Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

9.23

12.64

7.18

6.87

5.90

PTL Enterprises 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															5.88	5.36	5.20	7.11	4.87

PTL Enterprises ROCE % Calculation

PTL Enterprises'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 )
	=	593.516	/	( ( (9660.009 - 357.217)	+	(11197.871 - 372.752) )	/ 2 )
	=	593.516	/	( (9302.792	+	10825.119)	/ 2 )
	=	593.516	/	10063.9555
	=	5.90 %

PTL Enterprises'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 )
	=	566.452	/	( ( (12019.825 - 394.007)	+	(0 - 0) )	/ 1 )
	=	566.452	/	( ( 11625.818	+	0 )	/ 1 )
	=	566.452	/	11625.818
	=	4.87 %

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

PTL Enterprises (BOM:509220) 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.

PTL Enterprises ROCE % Related Terms

Thank you for viewing the detailed overview of PTL Enterprises's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

PTL Enterprises Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PTL Enterprises Ltd (BOM:509220) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PTL:India

Address

Apollo House, 7 Institutional Area, Sector-32, Gurgaon, HR, IND, 122001

Website

https://www.ptlenterprise.com

PTL Enterprises Ltd through its subsidiaries is engaged in the leasing of its tyre manufacturing plant. The business activity of the group functions through leasing of the Plant segment. The Lease segment consists of the income from the lease of the Plant to Apollo Tyres. The truck-bus, cross-ply tires manufactured at the company's plant, which are leased to Apollo Tyres under the brand name Apollo, which are sold by Apollo Tyres. Geographically, all the activities function through the regions of India.

PTL Enterprises Headlines

No Headlines