Supertex Industries (BOM:526133) ROCE % : 10.52% (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Supertex 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. Supertex Industries's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.52%.

Supertex Industries ROCE % Historical Data

The historical data trend for Supertex 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.

Supertex Industries ROCE % Chart

Supertex Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

8.73

10.27

8.31

8.57

9.48

Supertex Industries 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															8.42	17.86	9.03	7.72	10.52

Supertex Industries ROCE % Calculation

Supertex Industries'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 )
	=	35.219	/	( ( (695.108 - 324.256)	+	(769.783 - 397.53) )	/ 2 )
	=	35.219	/	( (370.852	+	372.253)	/ 2 )
	=	35.219	/	371.5525
	=	9.48 %

Supertex Industries'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 )
	=	37.6	/	( ( (693.5 - 336.1)	+	(0 - 0) )	/ 1 )
	=	37.6	/	( ( 357.4	+	0 )	/ 1 )
	=	37.6	/	357.4
	=	10.52 %

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

Supertex Industries (BOM:526133) 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.

Supertex Industries ROCE % Related Terms

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

Supertex Industries (BOM:526133) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Supertex Industries Ltd (BOM:526133) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

45/49, Babu Genu Road, Princess Street, Balkrishna Krupa, 2nd Floor, Mumbai, MH, IND, 400002

Website

http://www.supertex.in

Supertex Industries Ltd engages in manufacturing draw warped and sized yarn beams of polyester and nylon. The company manufactures textured and twisted yarns of polyester and nylon for exports and trades in textile fabrics. Its product portfolio includes Polyester texturised and Nylon crimp yarn. The company also manufactures sized beams for weaving. It has developed products such as bi-shrinkage beams, Lycra beams, and nylon beams, among others. The company also exports its products. Geographically, it derives a majority of its revenue from the domestic market.

Supertex Industries (BOM:526133) Headlines

No Headlines