RACL Geartech (BOM:520073) ROCE % : 19.22% (As of Dec. 2024)

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

What is RACL Geartech 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. RACL Geartech's annualized ROCE % for the quarter that ended in Dec. 2024 was 19.22%.

RACL Geartech ROCE % Historical Data

The historical data trend for RACL Geartech'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.

RACL Geartech ROCE % Chart

RACL Geartech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

23.65

24.58

21.67

29.46

25.39

RACL Geartech 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															30.54	21.75	15.89	19.17	19.22

RACL Geartech ROCE % Calculation

RACL Geartech'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 )
	=	770.7	/	( ( (4442.42 - 1737.358)	+	(5801.119 - 2435.093) )	/ 2 )
	=	770.7	/	( (2705.062	+	3366.026)	/ 2 )
	=	770.7	/	3035.544
	=	25.39 %

RACL Geartech'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 )
	=	660	/	( ( (6269.84 - 2835.733)	+	(0 - 0) )	/ 1 )
	=	660	/	( ( 3434.107	+	0 )	/ 1 )
	=	660	/	3434.107
	=	19.22 %

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

RACL Geartech (BOM:520073) 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.

RACL Geartech ROCE % Related Terms

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

RACL Geartech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » RACL Geartech Ltd (BOM:520073) » Definitions » ROCE %

Traded in Other Exchanges

RACLGEAR:India

Address

Pinnacle Business Park, B-9, Ground Floor, Sector-3, Noida, UP, IND, 201301

Website

http://www.raclgeartech.com

RACL Geartech Ltd manufactures and markets automotive components. It specializes in gears, shafts, and other accessories. Its products include Transmission Gears and Shafts, Reduction Gears Trains CVT Gear Boxes, Engine Timing Gears, Sub-Assemblies, Sprockets and Ratchets, Precision Machined Parts, Synchronizing Cones and Rings and Industrial Gears. The firm produces automotive components for motorcycles and scooters, three-wheeler passenger vehicles, four-wheeler passenger vehicles, agricultural machinery, tractors, and light and heavy commercial vehicles. The group has a global business presence. It generates its main revenue from exports.

RACL Geartech Headlines

No Headlines