Fenoplast (BOM:526689) ROCE %: 1.13% (As of Mar. 2020)

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BOM:526689 Fenoplast Ltd BOM:526689
4 GF Score
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What is Fenoplast ROCE %?

Fenoplast BOM:526689 4 ROCE % is 1.13% as of Mar. 2020. GuruFocus rates BOM:526689 with a GF Score™ of 4/100.

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. Fenoplast's annualized ROCE % for the quarter that ended in Mar. 2020 was 1.13%.

Fenoplast  (BOM:526689) 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.

Fenoplast ROCE % Related Terms

Fenoplast ROCE % Historical Data

* Premium members only.

The historical data trend for Fenoplast'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.

Fenoplast ROCE % Chart

Fenoplast Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.76 42.92 42.69 36.98 28.05

Fenoplast Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.66 34.44 29.39 18.24 1.13
BOM:526689
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Fenoplast Ltd BOM:526689
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fenoplast ROCE % Calculation

Fenoplast's annualized ROCE % for the fiscal year that ended in Mar. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2020 )  (A: Mar. 2019 )(A: Mar. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2020 )  (A: Mar. 2019 )(A: Mar. 2020 )
=101.127/( ( (1518.949 - 1147.951) + (1370.75 - 1020.603) )/ 2 )
=101.127/( (370.998+350.147)/ 2 )
=101.127/360.5725
=28.05 %

Fenoplast's ROCE % of for the quarter that ended in Mar. 2020 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2020 )  (Q: Dec. 2019 )(Q: Mar. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2020 )  (Q: Dec. 2019 )(Q: Mar. 2020 )
=3.964/( ( (0 - 0) + (1370.75 - 1020.603) )/ 1 )
=3.964/( ( 0 + 350.147 )/ 1 )
=3.964/350.147
=1.13 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2020) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 1.13% mean?
Fenoplast (BOM:526689) has a ROCE % of 1.13% as of Mar. 2020.
Is Fenoplast's ROCE % too high?
Fenoplast's current ROCE % is 1.13%. The Chemicals industry median ROCE % is 6.49. Fenoplast's value of 1.13% is 82.6% below this industry median. Overall, Fenoplast has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Fenoplast's ROCE % compare to LIN and ECL?
Fenoplast's ROCE % of 1.13% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.49. Fenoplast's value of 1.13% is 82.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Chemicals company?
The median ROCE % among Chemicals companies is 6.49, based on 1,588 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fenoplast's current ROCE % of 1.13% is 82.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median ROCE % is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fenoplast's current ROCE % is 1.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fenoplast stock overvalued right now?
Fenoplast (BOM:526689) has a current ROCE % of 1.13%. The current ROCE % is 1.13% and 82.6% below the Chemicals industry median of 6.49. Fenoplast's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Fenoplast (BOM:526689), the current ROCE % is 1.13% as of Mar. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fenoplast Business Description

Address 306-308, Chenoy Trade Centre, Parklane, Secunderabad, TG, IND, 500003
Fenoplast Ltd manufactures PVC Film and PVC Leather Cloth. PVC Film is used in the pharma industry for tablets packaging, healthcare products packaging and in the packaging of consumer goods like shaving products, tooth brushes, batteries, tools, and toys, among others. PVC Leather Cloth is used for car upholstery, motor cycle seat covers, auto rickshaw hoods and seats, tractors, trucks, and buses. It is also used for making ladies bags and footwear. The company's segments include PVC Leather Cloth and PVC Film. Majority of the revenue is derived from PVC Film segment. Its operations are spread in India and outside India.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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