Brightcom Group (BOM:532368) ROCE % : 17.14% (As of Dec. 2024)

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What is Brightcom Group 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. Brightcom Group's annualized ROCE % for the quarter that ended in Dec. 2024 was 17.14%.

Brightcom Group ROCE % Historical Data

The historical data trend for Brightcom Group'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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Brightcom Group ROCE % Chart

Brightcom Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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21.30

21.60

29.32

30.84

12.89

Brightcom Group 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															-1.56	2.85	11.49	13.01	17.14

Brightcom Group ROCE % Calculation

Brightcom Group'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 )
	=	9546.006	/	( ( (78962.591 - 8812.56)	+	(87644.329 - 9664.625) )	/ 2 )
	=	9546.006	/	( (70150.031	+	77979.704)	/ 2 )
	=	9546.006	/	74064.8675
	=	12.89 %

Brightcom Group'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 )
	=	14024.324	/	( ( (93508.678 - 11707.22)	+	(0 - 0) )	/ 1 )
	=	14024.324	/	( ( 81801.458	+	0 )	/ 1 )
	=	14024.324	/	81801.458
	=	17.14 %

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

Brightcom Group (BOM:532368) 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.

Brightcom Group ROCE % Related Terms

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Brightcom Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Brightcom Group Ltd (BOM:532368) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Road No. 2, Nanakramguda, 5th Floor, Fairfield by Marriott, Gachibowli, Hyderabad, TG, IND, 500032

Website

https://www.brightcomgroup.com

Brightcom Group Ltd is an Indian service company. It is engaged in providing digital marketing services, and the development of computer software and services locally and overseas. The firm operates through two segments: Digital Marketing and Software Development Segment. The company is also an information technology implementation and outsourcing services provider. It offers digital marketing solutions to businesses, agencies and online publishers around the world. It provides enterprise solution offerings and specializes in enterprise resource planning (ERP) solutions, Microsoft, and open source systems development.

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