Sigrun Holdings (BOM:531863) ROCE %: -0.30% (As of Mar. 2016)


What is Sigrun Holdings ROCE %?

Sigrun Holdings BOM:531863 ROCE % is -0.30% as of Mar. 2016.

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. Sigrun Holdings's annualized ROCE % for the quarter that ended in Mar. 2016 was -0.30%.

Sigrun Holdings  (BOM:531863) 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.

Sigrun Holdings ROCE % Related Terms

Sigrun Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Sigrun Holdings'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.

Sigrun Holdings ROCE % Chart

Sigrun Holdings Annual Data
Trend Mar08 Mar09 Mar12 Mar13 Mar14 Mar15 Mar16
ROCE %
Get a 7-Day Free Trial -0.22 -4.92 -5.16 -18.02 -0.17

Sigrun Holdings Quarterly Data
Mar08 Mar09 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 -88.62 -0.11 -0.14 -0.14 -0.30

Sigrun Holdings ROCE % Calculation

Sigrun Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2016 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2016 )  (A: Mar. 2015 )(A: Mar. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2016 )  (A: Mar. 2015 )(A: Mar. 2016 )
=-1.197/( ( (705.187 - 1.923) + (705.19 - 3.119) )/ 2 )
=-1.197/( (703.264+702.071)/ 2 )
=-1.197/702.6675
=-0.17 %

Sigrun Holdings's ROCE % of for the quarter that ended in Mar. 2016 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2016 )  (Q: Dec. 2015 )(Q: Mar. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2016 )  (Q: Dec. 2015 )(Q: Mar. 2016 )
=-2.072/( ( (0 - 0) + (705.19 - 3.119) )/ 1 )
=-2.072/( ( 0 + 702.071 )/ 1 )
=-2.072/702.071
=-0.30 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2016) 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 -0.30% mean?
Sigrun Holdings (BOM:531863) has a ROCE % of -0.30% as of Mar. 2016.
Is Sigrun Holdings' ROCE % too high?
Sigrun Holdings' current ROCE % is -0.30%.
How does Sigrun Holdings' ROCE % compare to competitors?
Sigrun Holdings' ROCE % of -0.30% can be compared against companies in the Credit Services industry. The industry median ROCE % is 3.47. 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 Credit Services company?
The median ROCE % among Credit Services companies is 3.47, based on 416 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 Credit Services industry, the median ROCE % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sigrun Holdings's current ROCE % is -0.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sigrun Holdings stock overvalued right now?
Sigrun Holdings (BOM:531863) has a current ROCE % of -0.30%. The current ROCE % is -0.30%. 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 Sigrun Holdings (BOM:531863), the current ROCE % is -0.30% as of Mar. 2016. 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.

Sigrun Holdings Business Description

Address Om Nagar Sahar, B/12, Shree Devadiga Co. operative Housing Society, Andheri (East), Mumbai, MH, IND, 400099
Sigrun Holdings Ltd is an Investment company. The company is engaged in carrying and undertaking the business of finance, investment and trading. It undertakes to hire purchase, leasing, subscribing shares, debenture stock deposits and bonds of other companies.