Murudeshwar Ceramics (BOM:515037) ROCE % : 7.96% (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Murudeshwar Ceramics 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. Murudeshwar Ceramics's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.96%.

Murudeshwar Ceramics ROCE % Historical Data

The historical data trend for Murudeshwar Ceramics'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.

Murudeshwar Ceramics ROCE % Chart

Murudeshwar Ceramics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

4.90

-0.01

4.20

5.19

5.27

Murudeshwar Ceramics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															6.49	4.52	4.24	4.47	7.96

Murudeshwar Ceramics ROCE % Calculation

Murudeshwar Ceramics'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 )
	=	225.272	/	( ( (5409.872 - 1151.827)	+	(5484.725 - 1186.051) )	/ 2 )
	=	225.272	/	( (4258.045	+	4298.674)	/ 2 )
	=	225.272	/	4278.3595
	=	5.27 %

Murudeshwar Ceramics's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	342.248	/	( ( (0 - 0)	+	(5484.725 - 1186.051) )	/ 1 )
	=	342.248	/	( ( 0	+	4298.674 )	/ 1 )
	=	342.248	/	4298.674
	=	7.96 %

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

Murudeshwar Ceramics (BOM:515037) 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.

Murudeshwar Ceramics ROCE % Related Terms

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

Murudeshwar Ceramics (BOM:515037) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Murudeshwar Ceramics Ltd (BOM:515037) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MURUDCERA:India

Address

14, M.G.Road, Naveen Complex, 7th Floor, Bengaluru, KA, IND, 560 001

Website

https://www.naveentile.com

Murudeshwar Ceramics Ltd is an Indian company engaged in the building material business sector. The company is involved in the manufacturing of vitrified tiles, ceramic tiles, wall tiles, soluble tiles, exterior tiles, and wooden stripes. It operates in one segment which is the Manufacture and Trading of Tiles and services. The firm generates revenue through the Sale of products and Sale of services.

Murudeshwar Ceramics (BOM:515037) Headlines

No Headlines