Everest Organics (BOM:524790) ROCE % : 17.73% (As of Dec. 2024)

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What is Everest Organics 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. Everest Organics's annualized ROCE % for the quarter that ended in Dec. 2024 was 17.73%.

Everest Organics ROCE % Historical Data

The historical data trend for Everest Organics'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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Everest Organics ROCE % Chart

Everest Organics Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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39.04

36.98

7.06

4.67

8.33

Everest Organics Quarterly Data
	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial												9.79	4.66	-30.28	14.24	17.73

Everest Organics ROCE % Calculation

Everest Organics'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 )
	=	54.532	/	( ( (2018.493 - 1375.823)	+	(2267.233 - 1601.012) )	/ 2 )
	=	54.532	/	( (642.67	+	666.221)	/ 2 )
	=	54.532	/	654.4455
	=	8.33 %

Everest Organics'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 )
	=	102.172	/	( ( (2198.556 - 1622.261)	+	(0 - 0) )	/ 1 )
	=	102.172	/	( ( 576.295	+	0 )	/ 1 )
	=	102.172	/	576.295
	=	17.73 %

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

Everest Organics (BOM:524790) 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.

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Everest Organics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Everest Organics Ltd (BOM:524790) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Opposite Madhapur Police Station Road, 1st Floor, Amar Co-Operative Society, Lakeview Plaza, Plot No. 127 and 128, Near Durgam Cheruvu, Madhapur, Hyderabad, TG, IND, 500 033

Website

https://www.everestorganicsltd.com

Everest Organics Ltd is a pharmaceutical company. It is focused on manufacturing active pharmaceutical ingredients and intermediaries. The products offered by the company include Omeprazole, Ciprofloxacin, Dichloroflurobenzene, Naproxen, Benzimadizole, and others. The company operates in one primary business segment namely Active Pharmaceutical Ingredients (API) and their intermediaries. Geographically, it derives a majority of its revenue from India.

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