Lumax Auto Technologies (BOM:532796) ROCE % : 26.33% (As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Lumax Auto Technologies 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. Lumax Auto Technologies's annualized ROCE % for the quarter that ended in Dec. 2024 was 26.33%.

Lumax Auto Technologies ROCE % Historical Data

The historical data trend for Lumax Auto Technologies'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.

* Premium members only.

Lumax Auto Technologies ROCE % Chart

Lumax Auto Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

13.44

14.01

19.03

15.54

20.23

Lumax Auto Technologies 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															23.71	21.73	20.41	24.71	26.33

Lumax Auto Technologies ROCE % Calculation

Lumax Auto Technologies'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 )
	=	2950.829	/	( ( (21848.162 - 7558.43)	+	(25988.05 - 11105.119) )	/ 2 )
	=	2950.829	/	( (14289.732	+	14882.931)	/ 2 )
	=	2950.829	/	14586.3315
	=	20.23 %

Lumax Auto Technologies'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 )
	=	3763.984	/	( ( (28215.672 - 13920.416)	+	(0 - 0) )	/ 1 )
	=	3763.984	/	( ( 14295.256	+	0 )	/ 1 )
	=	3763.984	/	14295.256
	=	26.33 %

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

Lumax Auto Technologies (BOM:532796) 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.

Lumax Auto Technologies ROCE % Related Terms

Thank you for viewing the detailed overview of Lumax Auto Technologies's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Lumax Auto Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lumax Auto Technologies Ltd (BOM:532796) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LUMAXTECH:India

Address

Plot No. 878, Udyog Vihar, Phase - V, Gurugram, HR, IND, 122016

Website

https://www.lumaxworld.in

Lumax Auto Technologies Ltd operates in the automobile components industry. The company is engaged in the business of manufacturing automotive lighting equipment and automotive components. The company provides automotive parts like Lighting, Chassis, Gear shifter, Integrated plastic modules, Intake systems, Aftermarket, Seat structures, and other products.

Lumax Auto Technologies Headlines

No Headlines