EP Biocomposites (BOM:543595) ROCE % : 25.33% (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is EP Biocomposites 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. EP Biocomposites's annualized ROCE % for the quarter that ended in Mar. 2024 was 25.33%.

EP Biocomposites ROCE % Historical Data

The historical data trend for EP Biocomposites'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.

EP Biocomposites ROCE % Chart

EP Biocomposites Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

139.03

120.10

56.26

14.57

15.81

EP Biocomposites Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial			45.36	14.08	9.97	6.38	25.33

EP Biocomposites ROCE % Calculation

EP Biocomposites'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 )
	=	16.053	/	( ( (117.24 - 20.811)	+	(150.728 - 44.05) )	/ 2 )
	=	16.053	/	( (96.429	+	106.678)	/ 2 )
	=	16.053	/	101.5535
	=	15.81 %

EP Biocomposites's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	25.91	/	( ( (112.866 - 14.968)	+	(150.728 - 44.05) )	/ 2 )
	=	25.91	/	( ( 97.898	+	106.678 )	/ 2 )
	=	25.91	/	102.288
	=	25.33 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

EP Biocomposites (BOM:543595) 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.

EP Biocomposites ROCE % Related Terms

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

EP Biocomposites (BOM:543595) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » EP Biocomposites Ltd (BOM:543595) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 st Floor, B.R. Commercial Centre, Opposite Parade Grounds, Campal, Panaji, GA, IND, 403001

Website

https://www.epbiocomposites.com

EP Biocomposites Ltd is the manufacturer and supplier of fibre reinforced polymers products such as door shutters, frames, Biodigestor Tanks, Bio toilets and allied products for construction and Industrial applications. The company focus on giving sanitation solutions to those who do not have access to toilets, as well as to those who have toilets but face trouble treating and managing the waste through septic tanks. The company also provides sanitation infrastructure and human waste management solutions and services, involving simple bio-digester technology licensed from the Defence Research and Development Organisation (DRDO) and Industry Interface and Technology Management, operating under the aegis of DRDO, Ministry of Defence, Government of India.

EP Biocomposites (BOM:543595) Headlines

No Headlines