Matrimony.com (BOM:540704) ROCE % : 21.22% (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Matrimony.com 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. Matrimony.com's annualized ROCE % for the quarter that ended in Sep. 2024 was 21.22%.

Matrimony.com ROCE % Historical Data

The historical data trend for Matrimony.com'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.

Matrimony.com ROCE % Chart

Matrimony.com Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

17.04

19.92

22.72

18.30

21.77

Matrimony.com 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															22.39	19.74	19.73	23.42	21.22

Matrimony.com ROCE % Calculation

Matrimony.com'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 )
	=	697.8	/	( ( (4658.7 - 1591.4)	+	(5019.8 - 1675.9) )	/ 2 )
	=	697.8	/	( (3067.3	+	3343.9)	/ 2 )
	=	697.8	/	3205.6
	=	21.77 %

Matrimony.com'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 )
	=	737.2	/	( ( (0 - 0)	+	(5148.5 - 1674.7) )	/ 1 )
	=	737.2	/	( ( 0	+	3473.8 )	/ 1 )
	=	737.2	/	3473.8
	=	21.22 %

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

Matrimony.com (BOM:540704) 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.

Matrimony.com ROCE % Related Terms

Thank you for viewing the detailed overview of Matrimony.com's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Matrimony.com Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Matrimony.com Ltd (BOM:540704) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MATRIMONY:India

Address

No. 94, MRC Nagar, 5th Floor, Tower II, TVH Beliciaa Towers, Raja Annamalaipuram, Chennai, TN, IND, 600 028

Website

https://www.matrimony.com

Matrimony.com Ltd is an India-based company that engages in the online matchmaking business. The company provides matchmaking and marriage-related services through websites, mobile sites, and mobile apps. Its flagship marriage services include BharatMatrimony, EliteMatrimony, and CommunityMatrimony. Its operating segment includes Matchmaking Services and Marriage Services. The company generates maximum revenue from the Matchmaking Services segment. Geographically, it has a presence in India and Outside India, of which it derives a majority of its revenue from India.

Matrimony.com Headlines

No Headlines