Corporate Courier and Cargo (BOM:526737) ROCE %: -8.43% (As of Dec. 2022)


BOM:526737 Corporate Courier and Cargo Ltd BOM:526737
4 GF Score
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What is Corporate Courier and Cargo ROCE %?

Corporate Courier and Cargo BOM:526737 4 ROCE % is -8.43% as of Dec. 2022. GuruFocus rates BOM:526737 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. Corporate Courier and Cargo's annualized ROCE % for the quarter that ended in Dec. 2022 was -8.43%.

Corporate Courier and Cargo  (BOM:526737) 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.

Corporate Courier and Cargo ROCE % Related Terms

Corporate Courier and Cargo ROCE % Historical Data

* Premium members only.

The historical data trend for Corporate Courier and Cargo'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.

Corporate Courier and Cargo ROCE % Chart

Corporate Courier and Cargo Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.09 107.84 24.12 75.56 35.62

Corporate Courier and Cargo Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 93.83 -68.78 -7.89 -15.67 -8.43
BOM:526737
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Corporate Courier and Cargo Ltd BOM:526737
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Corporate Courier and Cargo ROCE % Calculation

Corporate Courier and Cargo's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=2.134/( ( (10.304 - 4.056) + (13.801 - 8.066) )/ 2 )
=2.134/( (6.248+5.735)/ 2 )
=2.134/5.9915
=35.62 %

Corporate Courier and Cargo's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=-0.456/( ( (13.453 - 8.046) + (13.453 - 8.046) )/ 2 )
=-0.456/( ( 5.407 + 5.407 )/ 2 )
=-0.456/5.407
=-8.43 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2022) 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 -8.43% mean?
Corporate Courier and Cargo (BOM:526737) has a ROCE % of -8.43% as of Dec. 2022.
Is Corporate Courier and Cargo's ROCE % too high?
Corporate Courier and Cargo's current ROCE % is -8.43%. Overall, Corporate Courier and Cargo has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Corporate Courier and Cargo's ROCE % compare to UPS and FDX?
Corporate Courier and Cargo's ROCE % of -8.43% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.73. 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 Transportation company?
The median ROCE % among Transportation companies is 7.73, based on 988 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. 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 Transportation industry, the median ROCE % is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corporate Courier and Cargo's current ROCE % is -8.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporate Courier and Cargo stock overvalued right now?
Corporate Courier and Cargo (BOM:526737) has a current ROCE % of -8.43%. The current ROCE % is -8.43%. Corporate Courier and Cargo'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 Corporate Courier and Cargo (BOM:526737), the current ROCE % is -8.43% as of Dec. 2022. 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.

Corporate Courier and Cargo Business Description

Address 19, Parsi Panchayat Road, Andheri (East), Mumbai, MH, IND, 400069
Corporate Courier and Cargo Ltd are engaged in providing real estate services. The company also provides logistics services and provides infrastructure services. It generates maximum revenue from logistics services. Geographically, the company operates within 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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