Mishka Finance & Trading (BOM:512191) ROCE %: 1.28% (As of Jun. 2018)


What is Mishka Finance & Trading ROCE %?

Mishka Finance & Trading BOM:512191 ROCE % is 1.28% as of Jun. 2018.

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. Mishka Finance & Trading's annualized ROCE % for the quarter that ended in Jun. 2018 was 1.28%.

Mishka Finance & Trading  (BOM:512191) 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.

Mishka Finance & Trading ROCE % Related Terms

Mishka Finance & Trading ROCE % Historical Data

* Premium members only.

The historical data trend for Mishka Finance & Trading'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.

Mishka Finance & Trading ROCE % Chart

Mishka Finance & Trading Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 -1.97 1.57 1.59 1.62

Mishka Finance & Trading Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 0.92 2.14 2.54 0.89 1.28

Mishka Finance & Trading ROCE % Calculation

Mishka Finance & Trading's annualized ROCE % for the fiscal year that ended in Mar. 2018 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2018 )  (A: Mar. 2017 )(A: Mar. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2018 )  (A: Mar. 2017 )(A: Mar. 2018 )
=1.927/( ( (119.736 - 1.542) + (121.629 - 2.012) )/ 2 )
=1.927/( (118.194+119.617)/ 2 )
=1.927/118.9055
=1.62 %

Mishka Finance & Trading's ROCE % of for the quarter that ended in Jun. 2018 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2018 )  (Q: Mar. 2018 )(Q: Jun. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2018 )  (Q: Mar. 2018 )(Q: Jun. 2018 )
=1.532/( ( (121.629 - 2.012) + (0 - 0) )/ 1 )
=1.532/( ( 119.617 + 0 )/ 1 )
=1.532/119.617
=1.28 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2018) 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 1.28% mean?
Mishka Finance & Trading (BOM:512191) has a ROCE % of 1.28% as of Jun. 2018.
Is Mishka Finance & Trading's ROCE % too high?
Mishka Finance & Trading's current ROCE % is 1.28%. The Capital Markets industry median ROCE % is 5.58. Mishka Finance & Trading's value of 1.28% is 77% below this industry median.
How does Mishka Finance & Trading's ROCE % compare to MNTR?
Mishka Finance & Trading's ROCE % of 1.28% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.58. Mishka Finance & Trading's value of 1.28% is 77% below this benchmark. 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 Capital Markets company?
The median ROCE % among Capital Markets companies is 5.58, based on 690 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. Mishka Finance & Trading's current ROCE % of 1.28% is 77% below the industry median. 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 Capital Markets industry, the median ROCE % is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mishka Finance & Trading's current ROCE % is 1.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mishka Finance & Trading stock overvalued right now?
Mishka Finance & Trading (BOM:512191) has a current ROCE % of 1.28%. The current ROCE % is 1.28% and 77% below the Capital Markets industry median of 5.58. 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 Mishka Finance & Trading (BOM:512191), the current ROCE % is 1.28% as of Jun. 2018. 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.

Mishka Finance & Trading Business Description

Address S.M. Road, Ghartanpada Number 02, Office Number 6, Ground Floor, Bhagyashree Apartments, Dahisar East, Mumbai, Maharastra, IND, 400068
Mishka Finance & Trading Ltd is an India based company engaged in the business of trading. The company is focused on wholesale of textiles and fabrics and trading of shares and securities. It deals in the business of export, import, retailers, buyers, sellers brokers, buying agents, packers, re-packers, commission agents and traders activities. The company carries its business primarily in India.