Gamco (BOM:540097) ROCE % : -6.59% (As of Dec. 2024)

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What is Gamco 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. Gamco's annualized ROCE % for the quarter that ended in Dec. 2024 was -6.59%.

Gamco ROCE % Historical Data

The historical data trend for Gamco'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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Gamco ROCE % Chart

Gamco Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-2.68

-0.04

0.54

-5.67

29.23

Gamco 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															37.48	17.66	51.51	26.30	-6.59

Gamco ROCE % Calculation

Gamco'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 )
	=	459.506	/	( ( (1242.237 - 2.978)	+	(1926.677 - 21.871) )	/ 2 )
	=	459.506	/	( (1239.259	+	1904.806)	/ 2 )
	=	459.506	/	1572.0325
	=	29.23 %

Gamco'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 )
	=	-163.568	/	( ( (2566.044 - 85.278)	+	(0 - 0) )	/ 1 )
	=	-163.568	/	( ( 2480.766	+	0 )	/ 1 )
	=	-163.568	/	2480.766
	=	-6.59 %

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

Gamco (BOM:540097) 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.

Gamco ROCE % Related Terms

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Gamco Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Gamco Ltd (BOM:540097) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

P-45, Goragacha Road, New Alipore, Kolkata, WB, IND, 700053

Website

https://www.viscotradeassociates.in

Gamco Ltd formerly Visco Trade Associates Ltd is a non-banking financial company engaged in the financing business in India. The company invests in, acquires, and holds shares, stocks, debentures, debenture stocks, bonds, warrants, and obligations or other securities issued or guaranteed by the other companies. It also finances and advances short term and long-term loans, and credits to individuals or associations of persons, as well as provide financing services for companies. It derives the majority of its revenue from the sale of securities (Stock in Trade).

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