Gujarat Metallic Coalke (BOM:531881) ROCE %: -0.52% (As of Sep. 2019)

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BOM:531881 Gujarat Metallic Coal & Coke Ltd BOM:531881
4 GF Score
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What is Gujarat Metallic Coalke ROCE %?

Gujarat Metallic Coalke BOM:531881 4 ROCE % is -0.52% as of Sep. 2019. GuruFocus rates BOM:531881 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. Gujarat Metallic Coalke's annualized ROCE % for the quarter that ended in Sep. 2019 was -0.52%.

Gujarat Metallic Coalke  (BOM:531881) 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.

Gujarat Metallic Coalke ROCE % Related Terms

Gujarat Metallic Coalke ROCE % Historical Data

* Premium members only.

The historical data trend for Gujarat Metallic Coalke'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.

Gujarat Metallic Coalke ROCE % Chart

Gujarat Metallic Coalke Annual Data
Trend Mar09 Mar10 Sep12 Sep13 Sep14 Mar15 Mar16 Mar17 Mar18 Mar19
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -62.80 7.90 5.99 -1.16 -0.93

Gujarat Metallic Coalke Semi-Annual Data
Mar10 Sep12 Sep13 Sep14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -0.55 -1.68 -0.52
BOM:531881
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Gujarat Metallic Coal & Coke Ltd BOM:531881
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gujarat Metallic Coalke ROCE % Calculation

Gujarat Metallic Coalke's annualized ROCE % for the fiscal year that ended in Mar. 2019 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2019 )  (A: Mar. 2018 )(A: Mar. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2019 )  (A: Mar. 2018 )(A: Mar. 2019 )
=-2.122/( ( (1514.998 - 1214.935) + (798.546 - 644.443) )/ 2 )
=-2.122/( (300.063+154.103)/ 2 )
=-2.122/227.083
=-0.93 %

Gujarat Metallic Coalke's ROCE % of for the quarter that ended in Sep. 2019 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2019 )  (Q: Mar. 2019 )(Q: Sep. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2019 )  (Q: Mar. 2019 )(Q: Sep. 2019 )
=-0.794/( ( (798.546 - 644.443) + (798.185 - 644.514) )/ 2 )
=-0.794/( ( 154.103 + 153.671 )/ 2 )
=-0.794/153.887
=-0.52 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2019) 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 -0.52% mean?
Gujarat Metallic Coalke (BOM:531881) has a ROCE % of -0.52% as of Sep. 2019.
Is Gujarat Metallic Coalke's ROCE % too high?
Gujarat Metallic Coalke's current ROCE % is -0.52%. Overall, Gujarat Metallic Coalke has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Gujarat Metallic Coalke's ROCE % compare to HCC and SXC?
Gujarat Metallic Coalke's ROCE % of -0.52% can be compared against companies in the Steel industry. The industry median ROCE % is 5.75. 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 Steel company?
The median ROCE % among Steel companies is 5.75, based on 620 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 Steel industry, the median ROCE % is 5.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Metallic Coalke's current ROCE % is -0.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Metallic Coalke stock overvalued right now?
Gujarat Metallic Coalke (BOM:531881) has a current ROCE % of -0.52%. The current ROCE % is -0.52%. Gujarat Metallic Coalke'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 Gujarat Metallic Coalke (BOM:531881), the current ROCE % is -0.52% as of Sep. 2019. 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.

Gujarat Metallic Coalke Business Description

Address 155, Lenin Sarani, 4th Floor, Room Number 402, Kolkata, WB, IND, 700013
Gujarat Metallic Coal & Coke Ltd is an India-based company. It is engaged in trading of coke, a derivative of coking coal. The sale of coke and coke generates maximum revenue for the company.
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