Pricol (BOM:540293) ROCE % : 25.23% (As of Sep. 2024)

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What is Pricol 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. Pricol's annualized ROCE % for the quarter that ended in Sep. 2024 was 25.23%.

Pricol ROCE % Historical Data

The historical data trend for Pricol'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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Pricol ROCE % Chart

Pricol Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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0.47

11.74

13.33

21.03

23.83

Pricol Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															23.01	22.75	25.61	27.40	25.23

Pricol ROCE % Calculation

Pricol'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 )
	=	2040.296	/	( ( (13075.049 - 5050.696)	+	(14356.381 - 5257.534) )	/ 2 )
	=	2040.296	/	( (8024.353	+	9098.847)	/ 2 )
	=	2040.296	/	8561.6
	=	23.83 %

Pricol'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	2508.06	/	( ( (0 - 0)	+	(15785.351 - 5843.058) )	/ 1 )
	=	2508.06	/	( ( 0	+	9942.293 )	/ 1 )
	=	2508.06	/	9942.293
	=	25.23 %

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

Pricol (BOM:540293) 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.

Pricol ROCE % Related Terms

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Pricol Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Pricol Ltd (BOM:540293) » Definitions » ROCE %

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PRICOLLTD:India

Address

Race Course Road, CPM Towers, 109, Coimbatore, TN, IND, 641018

Website

https://www.pricol.com

Pricol Ltd is an Indian-based manufacturing company engaged in the manufacturing and selling of Instrument clusters and other allied automobile components to Original Equipment Manufacturers (OEM) and replacement markets. Its product portfolio includes wiping systems, disk brakes, cabin tilting systems, various types of oil pumps, infotainment solutions, and others. Its products are used in two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles among others. Geographically, the company derives its key revenue from India and the rest from other countries.

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