Stanpacks (India) (BOM:530931) ROCE % : 3.26% (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Stanpacks (India) 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. Stanpacks (India)'s annualized ROCE % for the quarter that ended in Dec. 2023 was 3.26%.

Stanpacks (India) ROCE % Historical Data

The historical data trend for Stanpacks (India)'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.

Stanpacks (India) ROCE % Chart

Stanpacks (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

19.75

17.85

7.55

82.95

-4.40

Stanpacks (India) Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-35.18	10.32	10.97	12.97	3.26

Stanpacks (India) ROCE % Calculation

Stanpacks (India)'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 )
	=	-5.284	/	( ( (218.441 - 75.952)	+	(202.303 - 104.55) )	/ 2 )
	=	-5.284	/	( (142.489	+	97.753)	/ 2 )
	=	-5.284	/	120.121
	=	-4.40 %

Stanpacks (India)'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 )
	=	2.976	/	( ( (178.69 - 87.47)	+	(0 - 0) )	/ 1 )
	=	2.976	/	( ( 91.22	+	0 )	/ 1 )
	=	2.976	/	91.22
	=	3.26 %

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

Stanpacks (India) (BOM:530931) 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.

Stanpacks (India) ROCE % Related Terms

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

Stanpacks (India) (BOM:530931) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Stanpacks (India) Ltd (BOM:530931) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nowroji Road, Chetpet, S. K. Enclave, New No. 4 (Old No. 47), Chennai, TN, IND, 600031

Website

http://www.blissgroup.com

Stanpacks (India) Ltd is an India based company operating in the packaging industry by manufacturing waterproof packing materials. It operates in the business segment of producing Polypropylene(PP) bags in India. The products of the group include woven sacks, PP kraft paper laminated bags, multi-wall paper bags, hessian rolls bags, poly-coated paper, waterproof paper and wax paper. In addition, the firm also manufactures engineering products such as FIBC filling machines and FIBC discharging machines.

Stanpacks (India) (BOM:530931) Headlines

No Headlines