Setubandhan Infrastructure (BOM:533605) ROCE %: -6.82% (As of Mar. 2023)

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BOM:533605 Setubandhan Infrastructure Ltd BOM:533605
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What is Setubandhan Infrastructure ROCE %?

Setubandhan Infrastructure BOM:533605 -2.33% 4 ROCE % is -6.82% as of Mar. 2023. GuruFocus rates BOM:533605 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. Setubandhan Infrastructure's annualized ROCE % for the quarter that ended in Mar. 2023 was -6.82%.

Setubandhan Infrastructure  (BOM:533605) 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.

Setubandhan Infrastructure ROCE % Related Terms

Setubandhan Infrastructure ROCE % Historical Data

* Premium members only.

The historical data trend for Setubandhan Infrastructure'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.

Setubandhan Infrastructure ROCE % Chart

Setubandhan Infrastructure Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.59 -30.76 -28.10 -6.08 0.75

Setubandhan Infrastructure Quarterly Data
Mar17 Mar18 Jun18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -19.53 -1.70 7.64 3.72 -6.82
BOM:533605
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Setubandhan Infrastructure Ltd BOM:533605
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Setubandhan Infrastructure ROCE % Calculation

Setubandhan Infrastructure's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=5.635/( ( (2070.718 - 1309.913) + (2067.643 - 1330.239) )/ 2 )
=5.635/( (760.805+737.404)/ 2 )
=5.635/749.1045
=0.75 %

Setubandhan Infrastructure's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=-50.316/( ( (0 - 0) + (2067.643 - 1330.239) )/ 1 )
=-50.316/( ( 0 + 737.404 )/ 1 )
=-50.316/737.404
=-6.82 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2023) 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 -6.82% mean?
Setubandhan Infrastructure (BOM:533605) has a ROCE % of -6.82% as of Mar. 2023.
Is Setubandhan Infrastructure's ROCE % too high?
Setubandhan Infrastructure's current ROCE % is -6.82%. Overall, Setubandhan Infrastructure has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Setubandhan Infrastructure's ROCE % compare to PWR and J?
Setubandhan Infrastructure's ROCE % of -6.82% can be compared against companies in the Construction industry. The industry median ROCE % is 8.23. 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 Construction company?
The median ROCE % among Construction companies is 8.23, based on 1,755 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 Construction industry, the median ROCE % is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Setubandhan Infrastructure's current ROCE % is -6.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Setubandhan Infrastructure stock overvalued right now?
Setubandhan Infrastructure (BOM:533605) has a current ROCE % of -6.82%. The current ROCE % is -6.82%. Setubandhan Infrastructure'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 Setubandhan Infrastructure (BOM:533605), the current ROCE % is -6.82% as of Mar. 2023. 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.

Setubandhan Infrastructure Business Description

Address Trimbak Road, Near Ved Mandir, 3A- 3rd Floor, The Exchange, Tidke Colony, Nashik, MH, IND, 422002
Setubandhan Infrastructure Ltd is an India-based company engaged in the activities of construction. It has a business of construction for government and semi-government authorities such as buildings, quarters, roads, bridges, airports, godowns, and hospitals, and works for private bodies for the construction of industrial buildings, residential and commercial complexes, townships, healthcare centers and institutional campuses with all related utility services. The company is also engaged in the business of real estate development.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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