Info-Drive Software (BOM:530703) ROCE %: 3.48% (As of Mar. 2017)

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What is Info-Drive Software ROCE %?

Info-Drive Software BOM:530703 ROCE % is 3.48% as of Mar. 2017.

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. Info-Drive Software's annualized ROCE % for the quarter that ended in Mar. 2017 was 3.48%.

Info-Drive Software  (BOM:530703) 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.

Info-Drive Software ROCE % Related Terms

Info-Drive Software ROCE % Historical Data

* Premium members only.

The historical data trend for Info-Drive Software'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.

Info-Drive Software ROCE % Chart

Info-Drive Software Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 1.54 3.24 3.58 3.48

Info-Drive Software Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 1.54 3.24 3.58 3.48

Info-Drive Software ROCE % Calculation

Info-Drive Software's annualized ROCE % for the fiscal year that ended in Mar. 2017 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2017 )  (A: Mar. 2016 )(A: Mar. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2017 )  (A: Mar. 2016 )(A: Mar. 2017 )
=95.314/( ( (2871.264 - 156.041) + (2819.035 - 60.685) )/ 2 )
=95.314/( (2715.223+2758.35)/ 2 )
=95.314/2736.7865
=3.48 %

Info-Drive Software's ROCE % of for the quarter that ended in Mar. 2017 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2017 )  (Q: Mar. 2016 )(Q: Mar. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2017 )  (Q: Mar. 2016 )(Q: Mar. 2017 )
=95.314/( ( (2871.264 - 156.041) + (2819.035 - 60.685) )/ 2 )
=95.314/( ( 2715.223 + 2758.35 )/ 2 )
=95.314/2736.7865
=3.48 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2017) 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 3.48% mean?
Info-Drive Software (BOM:530703) has a ROCE % of 3.48% as of Mar. 2017.
Is Info-Drive Software's ROCE % too high?
Info-Drive Software's current ROCE % is 3.48%. The Software industry median ROCE % is 5.58. Info-Drive Software's value of 3.48% is 37.6% below this industry median.
How does Info-Drive Software's ROCE % compare to IMCI?
Info-Drive Software's ROCE % of 3.48% can be compared against companies in the Software industry. The industry median ROCE % is 5.58. Info-Drive Software's value of 3.48% is 37.6% 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 Software company?
The median ROCE % among Software companies is 5.58, based on 2,725 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. Info-Drive Software's current ROCE % of 3.48% is 37.6% 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 Software industry, the median ROCE % is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Info-Drive Software's current ROCE % is 3.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Info-Drive Software stock overvalued right now?
Info-Drive Software (BOM:530703) has a current ROCE % of 3.48%. The current ROCE % is 3.48% and 37.6% below the Software industry median of 5.58. 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 Info-Drive Software (BOM:530703), the current ROCE % is 3.48% as of Mar. 2017. 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.

Info-Drive Software Business Description

Address 128 Cathedral Road, Crown Court, Sixth Floor, Office 3, Chennai, TN, IND, 600086
Info-Drive Software Ltd is an India-based company. The company is predominantly engaged in outsourcing business solutions from overseas markets, software development, infrastructure management services, systems integration, and trading of commodities. In addition, the company also provides turnkey system solutions, hardware optimization, and data center maintenance. The company product portfolio includes services like Enterprise business intelligence solutions; Consulting services and, Business process outsourcing. The majority of its revenue is generated from the Overseas market while it also has a presence in the Indian market.