Polymac Thermoformers (BOM:537573) ROCE % : -6.66% (As of Sep. 2024)

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What is Polymac Thermoformers 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. Polymac Thermoformers's annualized ROCE % for the quarter that ended in Sep. 2024 was -6.66%.

Polymac Thermoformers ROCE % Historical Data

The historical data trend for Polymac Thermoformers'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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Polymac Thermoformers ROCE % Chart

Polymac Thermoformers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-1.14

2.70

8.01

6.83

4.92

Polymac Thermoformers Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															15.54	-3.68	2.05	7.94	-6.66

Polymac Thermoformers ROCE % Calculation

Polymac Thermoformers'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 )
	=	5.537	/	( ( (182.654 - 79.173)	+	(189.06 - 67.235) )	/ 2 )
	=	5.537	/	( (103.481	+	121.825)	/ 2 )
	=	5.537	/	112.653
	=	4.92 %

Polymac Thermoformers's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	-8.034	/	( ( (189.06 - 67.235)	+	(182.64 - 63.157) )	/ 2 )
	=	-8.034	/	( ( 121.825	+	119.483 )	/ 2 )
	=	-8.034	/	120.654
	=	-6.66 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

Polymac Thermoformers (BOM:537573) 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.

Polymac Thermoformers ROCE % Related Terms

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Polymac Thermoformers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Polymac Thermoformers Ltd (BOM:537573) » Definitions » ROCE %

Comparable Companies

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N/A

Address

29A, Weston Street, 3rd Floor, Room Number C5, Kolkata, WB, IND, 700012

Website

http://www.polymacthermoformers.com

Polymac Thermoformers Ltd is engaged in the manufacturing operations of disposable plastic glasses, cups and bowls.

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