Perfect-Octave Media Projects (BOM:521062) ROCE % : 10.57% (As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

What is Perfect-Octave Media Projects 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. Perfect-Octave Media Projects's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.57%.

Perfect-Octave Media Projects ROCE % Historical Data

The historical data trend for Perfect-Octave Media Projects'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.

Perfect-Octave Media Projects ROCE % Chart

Perfect-Octave Media Projects Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

0.15

5.65

-1.84

1.61

6.69

Perfect-Octave Media Projects Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															3.85	20.42	-3.68	-8.02	10.57

Perfect-Octave Media Projects ROCE % Calculation

Perfect-Octave Media Projects's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	5.437	/	( ( (122.862 - 43.684)	+	(120.698 - 37.312) )	/ 2 )
	=	5.437	/	( (79.178	+	83.386)	/ 2 )
	=	5.437	/	81.282
	=	6.69 %

Perfect-Octave Media Projects's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	8.488	/	( ( (122.303 - 42.034)	+	(0 - 0) )	/ 1 )
	=	8.488	/	( ( 80.269	+	0 )	/ 1 )
	=	8.488	/	80.269
	=	10.57 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Perfect-Octave Media Projects (BOM:521062) 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.

Perfect-Octave Media Projects ROCE % Related Terms

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

Perfect-Octave Media Projects (BOM:521062) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Perfect-Octave Media Projects Ltd (BOM:521062) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

302, Mahakali Caves Road, 3rd Floor, New India Industrial Estate, Chakala, Near Paper Box, Andheri (E), Mumbai, MH, IND, 400093

Website

http://www.insyncmusic.net

Perfect-Octave Media Projects Ltd is engaged in the business of broadcasting. The company is operating a satellite television channel Insync which is showcasing Indian classical music and other non-film music genres. Also, the company is involved in the production of musical content. It is engaged in Television Broadcasting and Content Syndication Division.

Perfect-Octave Media Projects (BOM:521062) Headlines

No Headlines