Universal Starch-Chem Allied (BOM:524408) ROCE % : 35.52% (As of Dec. 2024)

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What is Universal Starch-Chem Allied 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. Universal Starch-Chem Allied's annualized ROCE % for the quarter that ended in Dec. 2024 was 35.52%.

Universal Starch-Chem Allied ROCE % Historical Data

The historical data trend for Universal Starch-Chem Allied'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.

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Universal Starch-Chem Allied ROCE % Chart

Universal Starch-Chem Allied Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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9.02

16.47

22.96

13.97

16.01

Universal Starch-Chem Allied 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															2.83	27.17	15.79	-24.74	35.52

Universal Starch-Chem Allied ROCE % Calculation

Universal Starch-Chem Allied'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 )
	=	168.746	/	( ( (2043.431 - 1011.763)	+	(2239.687 - 1163.806) )	/ 2 )
	=	168.746	/	( (1031.668	+	1075.881)	/ 2 )
	=	168.746	/	1053.7745
	=	16.01 %

Universal Starch-Chem Allied'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 )
	=	364.74	/	( ( (2008.259 - 981.414)	+	(0 - 0) )	/ 1 )
	=	364.74	/	( ( 1026.845	+	0 )	/ 1 )
	=	364.74	/	1026.845
	=	35.52 %

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

Universal Starch-Chem Allied (BOM:524408) 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.

Universal Starch-Chem Allied ROCE % Related Terms

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Universal Starch-Chem Allied Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Universal Starch-Chem Allied Ltd (BOM:524408) » Definitions » ROCE %

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Address

Senapati Bapat Marg, Mhatre Pen Building, B Wing, 2nd Floor, Dadar (West), Mumbai, MH, IND, 400028

Website

https://www.universalstarch.com

Universal Starch-Chem Allied Ltd engages in the manufacturing of Starches and their derivatives and other By-Products. It manufactures maize products and processes maize into other value-added products. The Company is engaged in developing, manufacturing, and distributing Maize Starch Powder, White Dextrin, Pregelatinized Starch, Modified Starch, Liquid Glucose, Dextrose Syrup, Dextrose Monohydrate, Dextrose Anhydrous, Maize Germ, Maize Glutton, Maize Husk as its bye products in the market.

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