Aplab (BOM:517096) ROCE % : 46.29% (As of Sep. 2024)

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

What is Aplab 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. Aplab's annualized ROCE % for the quarter that ended in Sep. 2024 was 46.29%.

Aplab ROCE % Historical Data

The historical data trend for Aplab'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.

Aplab ROCE % Chart

Aplab Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

91.71

Aplab Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															31.40	9.92	30.05	16.50	46.29

Aplab ROCE % Calculation

Aplab'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 )
	=	40.607	/	( ( (755.094 - 852.701)	+	(713.415 - 527.254) )	/ 2 )
	=	40.607	/	( (-97.607	+	186.161)	/ 2 )
	=	40.607	/	44.277
	=	91.71 %

Aplab's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	93.9	/	( ( (0 - 0)	+	(714.493 - 511.658) )	/ 1 )
	=	93.9	/	( ( 0	+	202.835 )	/ 1 )
	=	93.9	/	202.835
	=	46.29 %

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

Aplab (BOM:517096) 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.

Aplab ROCE % Related Terms

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

Aplab Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aplab Ltd (BOM:517096) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Thane Belapur Road, Plot No. 12, TTC Industrial Area, Thane, MH, IND, 400708

Website

https://www.aplab.com

Aplab Ltd is an India-based company engaged in the business/operations of manufacture, sale, and servicing of professional electronic equipment. The company's products include uninterruptible power supply (UPS) systems, high-power DC systems, solar energy systems, test & measurement instruments, power supplies, banking & retail automation products, fault locating instruments, laboratory instruments, and design & manufacturer services. It has independent product divisions including test and measurement equipment, power conversion and UPS systems, and self-service terminals for the banking sector.

Aplab Headlines

No Headlines