Bemco Hydraulics (BOM:522650) ROCE % : 26.10% (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Bemco Hydraulics 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. Bemco Hydraulics's annualized ROCE % for the quarter that ended in Mar. 2024 was 26.10%.

Bemco Hydraulics ROCE % Historical Data

The historical data trend for Bemco Hydraulics'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.

Bemco Hydraulics ROCE % Chart

Bemco Hydraulics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

4.72

17.59

17.53

11.25

21.18

Bemco Hydraulics 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															19.88	20.95	23.25	14.45	26.10

Bemco Hydraulics ROCE % Calculation

Bemco Hydraulics'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 )
	=	136.228	/	( ( (943.116 - 353.136)	+	(1209.872 - 513.216) )	/ 2 )
	=	136.228	/	( (589.98	+	696.656)	/ 2 )
	=	136.228	/	643.318
	=	21.18 %

Bemco Hydraulics'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 )
	=	181.836	/	( ( (0 - 0)	+	(1209.872 - 513.216) )	/ 1 )
	=	181.836	/	( ( 0	+	696.656 )	/ 1 )
	=	181.836	/	696.656
	=	26.10 %

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

Bemco Hydraulics (BOM:522650) 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.

Bemco Hydraulics ROCE % Related Terms

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

Bemco Hydraulics (BOM:522650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bemco Hydraulics Ltd (BOM:522650) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Udyambag, Industrial Estate, Belgaum, KA, IND, 590 008

Website

https://www.bemcohydraulics.net

Bemco Hydraulics Ltd is an India-based company operating in the manufacturing and sale of hydraulic press machine, portable re-railing equipment, advanced high-performance components, and systems. The company's products are used in heavy engineering works, Aeronautics, defense, Railways, Automobile, forging, and Sheet metal. Its product includes C Frame/Throat Type Presses, Straightening Press, Sheet Metal Forming, Moulding Presses, Baling Presses, SPMs, and Hydraulic Wheel Fitting Presses. The company generates maximum revenue from Portable Re-Railing Equipements.

Bemco Hydraulics (BOM:522650) Headlines

No Headlines