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Universal Autofoundry (BOM:539314) ROCE % : -8.13% (As of Dec. 2024)


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What is Universal Autofoundry 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. Universal Autofoundry's annualized ROCE % for the quarter that ended in Dec. 2024 was -8.13%.


Universal Autofoundry ROCE % Historical Data

The historical data trend for Universal Autofoundry'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.

Universal Autofoundry ROCE % Chart

Universal Autofoundry Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.61 10.28 -2.12 32.07 11.16

Universal Autofoundry Quarterly Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -7.11 13.55 8.97 9.50 -8.13

Universal Autofoundry ROCE % Calculation

Universal Autofoundry'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 )
=94.637/( ( (1396.044 - 639.889) + (1299.503 - 359.105) )/ 2 )
=94.637/( (756.155+940.398)/ 2 )
=94.637/848.2765
=11.16 %

Universal Autofoundry'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 )
=-74.816/( ( (1380.557 - 418.012) + (1300.11 - 421.824) )/ 2 )
=-74.816/( ( 962.545 + 878.286 )/ 2 )
=-74.816/920.4155
=-8.13 %

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


Universal Autofoundry  (BOM:539314) 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.


Universal Autofoundry ROCE % Related Terms

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Universal Autofoundry Business Description

Traded in Other Exchanges
N/A
Address
B-307, Road Number 16, V.K.I. Area, Jaipur, RJ, IND, 302013
Universal Autofoundry Ltd is engaged in the manufacturing of iron castings. The company manufactures castings components in grey iron and ductile iron, for the automotive sector. It supplies castings in machined, and as cast condition with surface treatment as per requirements. In addition, it also offers products to various industries such as commercial vehicles, tractors, passenger cars, earthmovers, and construction. Its other products comprise suspension brackets, differential housing, hubs, brake drum, flywheels, adjuster nuts, pulleys, and dampers which has application in the commercial vehicle and engineering industry.

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