Marmagoa Steel (BOM:513355) ROCE %: 0.00% (As of Jun. 2016)


What is Marmagoa Steel ROCE %?

Marmagoa Steel BOM:513355 ROCE % is 0.00% as of Jun. 2016.

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. Marmagoa Steel's annualized ROCE % for the quarter that ended in Jun. 2016 was 0.00%.

Marmagoa Steel  (BOM:513355) 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.

Marmagoa Steel ROCE % Related Terms

Marmagoa Steel ROCE % Historical Data

* Premium members only.

The historical data trend for Marmagoa Steel'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.

Marmagoa Steel ROCE % Chart

Marmagoa Steel Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
ROCE %
Get a 7-Day Free Trial -25.56 -125.65 0.00 0.00 0.00

Marmagoa Steel Quarterly Data
Mar10 Mar11 Mar12 Mar13 Dec13 Mar14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.00 0.00 0.00 0.00 0.00

Marmagoa Steel ROCE % Calculation

Marmagoa Steel's annualized ROCE % for the fiscal year that ended in Mar. 2016 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2016 )  (A: Mar. 2015 )(A: Mar. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2016 )  (A: Mar. 2015 )(A: Mar. 2016 )
=-45.883/( ( (360.636 - 1030.116) + (333.651 - 1056.065) )/ 2 )
=-45.883/( (-669.48+-722.414)/ 2 )
=-45.883/-695.947
=6.59 %

Marmagoa Steel's ROCE % of for the quarter that ended in Jun. 2016 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2016 )  (Q: Mar. 2016 )(Q: Jun. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2016 )  (Q: Mar. 2016 )(Q: Jun. 2016 )
=-38.8/( ( (333.651 - 1056.065) + (0 - 0) )/ 1 )
=-38.8/( ( -722.414 + 0 )/ 1 )
=-38.8/-722.414
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2016) 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 0.00% mean?
Marmagoa Steel (BOM:513355) has a ROCE % of 0.00% as of Jun. 2016.
Is Marmagoa Steel's ROCE % too high?
Marmagoa Steel's current ROCE % is 0.00%.
How does Marmagoa Steel's ROCE % compare to PTEEF?
Marmagoa Steel's ROCE % of 0.00% can be compared against companies in the Steel industry. The industry median ROCE % is 5.51. 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 Steel company?
The median ROCE % among Steel companies is 5.51, based on 620 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 Steel industry, the median ROCE % is 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marmagoa Steel's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marmagoa Steel stock overvalued right now?
Marmagoa Steel (BOM:513355) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. 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 Marmagoa Steel (BOM:513355), the current ROCE % is 0.00% as of Jun. 2016. 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.

Marmagoa Steel Business Description

Address Plot No. 280, Eclate, Salcete, Curtorim, GA, IND, 403709
Marmagoa Steel Ltd operates in the steel business. It is primarily involved in the manufacturing of steel products such as special steel billets, rounds, hexagons, and spring steel flats. These products are generally used for Automobile and Railway applications. The business activities are carried out through the geographical regions of India. The firm derives most of the revenue from the sale of products.