IMEC Services (BOM:513295) ROCE % : 166.40% (As of Dec. 2024)

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What is IMEC Services 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. IMEC Services's annualized ROCE % for the quarter that ended in Dec. 2024 was 166.40%.

IMEC Services ROCE % Historical Data

The historical data trend for IMEC Services'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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IMEC Services ROCE % Chart

IMEC Services Annual Data

Trend

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Mar24

ROCE %

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IMEC Services 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															-	558.83	-108.35	114.29	166.40

IMEC Services ROCE % Calculation

IMEC Services'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 )
	=	0.325	/	( ( (360.513 - 2934.393)	+	(28.848 - 12.264) )	/ 2 )
	=	0.325	/	( (-2573.88	+	16.584)	/ 2 )
	=	0.325	/	-1278.648
	=	-0.03 %

IMEC Services'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 )
	=	35.216	/	( ( (27.622 - 10.857)	+	(33.863 - 8.301) )	/ 2 )
	=	35.216	/	( ( 16.765	+	25.562 )	/ 2 )
	=	35.216	/	21.1635
	=	166.40 %

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

IMEC Services (BOM:513295) 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.

IMEC Services ROCE % Related Terms

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IMEC Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » IMEC Services Ltd (BOM:513295) » Definitions » ROCE %

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Address

Nath Mandir Road, 501/B, Mahakosh House, 7/5, South Tukoganj, Indore, MP, IND, 452001

Website

https://www.imecservices.in

IMEC Services Ltd manufactures cold-rolled steel coils & sheets. The company manufactures low-carbon, medium-carbon, and special-grade cold-rolled products. It manufactures cold-rolled full hard coils for manufacturing of galvanized sheets of different applications; cold-rolled close annealed steel coils and sheets for automobile applications, and cold-rolled non-oriented electrical steel in semi-processed condition., The company has identified its reportable segments which are Steel (Job Work + Trading), Service (Includes Operations related to Consultancy and Trading (Others). It generates the majority of its revenue from the Steel segment.

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