Nuway Organic Naturals India (BOM:531819) ROCE %: -2.30% (As of Dec. 2023)


BOM:531819 Nuway Organic Naturals India Ltd BOM:531819
4 GF Score
Price ₹37.00
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What is Nuway Organic Naturals India ROCE %?

Nuway Organic Naturals India BOM:531819 4 ROCE % is -2.30% as of Dec. 2023. GuruFocus rates BOM:531819 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. Nuway Organic Naturals India's annualized ROCE % for the quarter that ended in Dec. 2023 was -2.30%.

Nuway Organic Naturals India  (BOM:531819) 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.

Nuway Organic Naturals India ROCE % Related Terms

Nuway Organic Naturals India ROCE % Historical Data

* Premium members only.

The historical data trend for Nuway Organic Naturals 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.

Nuway Organic Naturals India ROCE % Chart

Nuway Organic Naturals India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -43.63 0.13 -23.78 -45.22 4.21

Nuway Organic Naturals India 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 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 0.00 153.23 536.59 -2.08 -2.30
BOM:531819
4GF Score
Nuway Organic Naturals India Ltd BOM:531819
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuway Organic Naturals India ROCE % Calculation

Nuway Organic Naturals 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 )
=2.074/( ( (223.218 - 187.794) + (236.589 - 173.45) )/ 2 )
=2.074/( (35.424+63.139)/ 2 )
=2.074/49.2815
=4.21 %

Nuway Organic Naturals 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 )
=-1.152/( ( (240.059 - 189.925) + (0 - 0) )/ 1 )
=-1.152/( ( 50.134 + 0 )/ 1 )
=-1.152/50.134
=-2.30 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) 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 -2.30% mean?
Nuway Organic Naturals India (BOM:531819) has a ROCE % of -2.30% as of Dec. 2023.
Is Nuway Organic Naturals India's ROCE % too high?
Nuway Organic Naturals India's current ROCE % is -2.30%. Overall, Nuway Organic Naturals India has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Nuway Organic Naturals India's ROCE % compare to STZ and BF.B?
Nuway Organic Naturals India's ROCE % of -2.30% can be compared against companies in the Beverages - Alcoholic industry. The industry median ROCE % is 7.59. 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 Beverages - Alcoholic company?
The median ROCE % among Beverages - Alcoholic companies is 7.59, based on 208 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 Beverages - Alcoholic industry, the median ROCE % is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuway Organic Naturals India's current ROCE % is -2.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuway Organic Naturals India stock overvalued right now?
Nuway Organic Naturals India (BOM:531819) has a current ROCE % of -2.30%. The current ROCE % is -2.30%. Nuway Organic Naturals India'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 Nuway Organic Naturals India (BOM:531819), the current ROCE % is -2.30% as of Dec. 2023. 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.

Nuway Organic Naturals India Business Description

Address National Highway 1, Mile Stone 232, Delhi-Amritsar, Village Devi Nagar, Rajpura, Patiala, PB, IND, 140 401
Nuway Organic Naturals India Ltd is engaged in the manufacturing and selling of liquor. Its other business activities comprise the trading of cosmetics, bottled soda, soft drinks, and packaging drinking water. The majority of revenue is derived from the sale of liquor.
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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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