Espire Hospitality (BOM:532016) ROCE % : 32.51% (As of Dec. 2024)

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What is Espire Hospitality 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. Espire Hospitality's annualized ROCE % for the quarter that ended in Dec. 2024 was 32.51%.

Espire Hospitality ROCE % Historical Data

The historical data trend for Espire Hospitality'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.

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Espire Hospitality ROCE % Chart

Espire Hospitality Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-9.87

-67.39

4.33

9.65

10.44

Espire Hospitality Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															37.20	2.93	6.05	12.20	32.51

Espire Hospitality ROCE % Calculation

Espire Hospitality's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	37.354	/	( ( (264.337 - 105.061)	+	(697.834 - 141.214) )	/ 2 )
	=	37.354	/	( (159.276	+	556.62)	/ 2 )
	=	37.354	/	357.948
	=	10.44 %

Espire Hospitality's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	258.052	/	( ( (953.251 - 159.52)	+	(0 - 0) )	/ 1 )
	=	258.052	/	( ( 793.731	+	0 )	/ 1 )
	=	258.052	/	793.731
	=	32.51 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Espire Hospitality (BOM:532016) 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.

Espire Hospitality ROCE % Related Terms

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Espire Hospitality Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Espire Hospitality Ltd (BOM:532016) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mathura Road, A 41, Mohan Co-Operative Industrial Estate, New Delhi, IND, 110044

Website

https://www.espirehospitality.com

Espire Hospitality Ltd is a company that engages in the Hotel Sector and real estate development activities. The company is engaged in the business of hospitality that includes operating, managing, developing, renovating, and promoting hotels and resorts and other related services. The company deals in the Hotel and Resorts segment. The hotels operated by the company include Country Inn Nature Resorts (Bhimtal), Country Inn Tarika (Jim Corbett), Country Inn Tarika Varca Beach (Goa), Country Inn Express (Sajjangarh), Zana - Luxury Escapes (Udaipur), Country Inn Hall of Heritage (Amritsar), and others. The company derives maximum revenue from Room Rent & Room Package Sale services.

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