Ridings Consulting Engineers India (BOM:541151) ROCE %: 72.64% (As of Sep. 2022)

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BOM:541151 Ridings Consulting Engineers India Ltd BOM:541151
4 GF Score
Price ₹4.60
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What is Ridings Consulting Engineers India ROCE %?

Ridings Consulting Engineers India BOM:541151 4 ROCE % is 72.64% as of Sep. 2022. GuruFocus rates BOM:541151 with a GF Score™ of 4/100.

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. Ridings Consulting Engineers India's annualized ROCE % for the quarter that ended in Sep. 2022 was 72.64%.

Ridings Consulting Engineers India  (BOM:541151) 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.

Ridings Consulting Engineers India ROCE % Related Terms

Ridings Consulting Engineers India ROCE % Historical Data

* Premium members only.

The historical data trend for Ridings Consulting Engineers India'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.

Ridings Consulting Engineers India ROCE % Chart

Ridings Consulting Engineers India Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.69 -34.65 -174.93 70.84 74.93

Ridings Consulting Engineers India Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
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 23.52 130.79 33.21 115.68 72.64
BOM:541151
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Ridings Consulting Engineers India Ltd BOM:541151
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Ridings Consulting Engineers India ROCE % Calculation

Ridings Consulting Engineers India's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=14.428/( ( (173.982 - 155.1) + (172.717 - 153.09) )/ 2 )
=14.428/( (18.882+19.627)/ 2 )
=14.428/19.2545
=74.93 %

Ridings Consulting Engineers India's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2022 )  (Q: Mar. 2022 )(Q: Sep. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2022 )  (Q: Mar. 2022 )(Q: Sep. 2022 )
=14.728/( ( (172.717 - 153.09) + (187.045 - 166.122) )/ 2 )
=14.728/( ( 19.627 + 20.923 )/ 2 )
=14.728/20.275
=72.64 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2022) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 72.64% mean?
Ridings Consulting Engineers India (BOM:541151) has a ROCE % of 72.64% as of Sep. 2022.
Is Ridings Consulting Engineers India's ROCE % too high?
Ridings Consulting Engineers India's current ROCE % is 72.64%. The Hardware industry median ROCE % is 6.85. Ridings Consulting Engineers India's value of 72.64% is 960.4% above this industry median. Overall, Ridings Consulting Engineers India has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Ridings Consulting Engineers India's ROCE % compare to FTV and KEYS?
Ridings Consulting Engineers India's ROCE % of 72.64% can be compared against companies in the Hardware industry. The industry median ROCE % is 6.85. Ridings Consulting Engineers India's value of 72.64% is 960.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Hardware company?
The median ROCE % among Hardware companies is 6.85, based on 2,451 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ridings Consulting Engineers India's current ROCE % of 72.64% is 960.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Hardware industry, the median ROCE % is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ridings Consulting Engineers India's current ROCE % is 72.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ridings Consulting Engineers India stock overvalued right now?
Ridings Consulting Engineers India (BOM:541151) has a current ROCE % of 72.64%. The current ROCE % is 72.64% and 960.4% above the Hardware industry median of 6.85. Ridings Consulting Engineers India's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Ridings Consulting Engineers India (BOM:541151), the current ROCE % is 72.64% as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ridings Consulting Engineers India Business Description

Address Premises No. 429-430, Sector-29, Block-II, 2nd Floor, Ganga Shopping Complex, Noida, UP, IND, 201303
Ridings Consulting Engineers India Ltd provides Geospatial Services which include Sub Surface Utility Engineering (SUE) Survey/ Ground-penetrating radar (GPR) Survey, Geographic Information Systems, and Geospatial database development, Geospatial -Marketing consulting and planning, Training, Geographic Information Systems for Utilities (Power, Water, and Telecom) and Land Surveying and Geospatial Data (Digital and Large Scale Geospatial Data). The Geographic Information Systems (GIS) applications include mapping of utilities such as electrical networks, telecom networks, water supply, and sewerage systems. It derives its Majority revenue from India and Outside India.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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