Kunststoffe Industries (BOM:523594) ROCE % : 15.22% (As of Jun. 2024)

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

What is Kunststoffe Industries 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. Kunststoffe Industries's annualized ROCE % for the quarter that ended in Jun. 2024 was 15.22%.

Kunststoffe Industries ROCE % Historical Data

The historical data trend for Kunststoffe Industries'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.

Kunststoffe Industries ROCE % Chart

Kunststoffe Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

8.35

11.75

17.42

16.14

12.23

Kunststoffe Industries Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															10.37	15.15	10.76	17.21	15.22

Kunststoffe Industries ROCE % Calculation

Kunststoffe Industries'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 )
	=	12.442	/	( ( (131.205 - 35.736)	+	(136.864 - 28.841) )	/ 2 )
	=	12.442	/	( (95.469	+	108.023)	/ 2 )
	=	12.442	/	101.746
	=	12.23 %

Kunststoffe Industries's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	16.444	/	( ( (136.864 - 28.841)	+	(0 - 0) )	/ 1 )
	=	16.444	/	( ( 108.023	+	0 )	/ 1 )
	=	16.444	/	108.023
	=	15.22 %

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

Kunststoffe Industries (BOM:523594) 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.

Kunststoffe Industries ROCE % Related Terms

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

Kunststoffe Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kunststoffe Industries Ltd (BOM:523594) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

128, Bhaudaji Road, Kiran Building, Matunga (East), Mumbai, MH, IND, 400019

Website

http://www.kunststoffeindia.com

Kunststoffe Industries Ltd is a manufacturer of large diameters of HDPE/PP pipes. The company's pipes range from approximately 300mm to 3600mm internal diameters. Its manufactured pipes are used in water sewerage and effluent disposal schemes, ocean out-fuel, etc. The company also manufactures HDPE/PP Tanks of sizes ranging from 5000 Liters to 60000 Liters. It operates in a single segment which is Polymer Processing.

Kunststoffe Industries Headlines

No Headlines