DCX System (BOM:543650) ROCE % : 14.38% (As of Mar. 2024)

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

What is DCX System 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. DCX System's annualized ROCE % for the quarter that ended in Mar. 2024 was 14.38%.

DCX System ROCE % Historical Data

The historical data trend for DCX System'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.

DCX System ROCE % Chart

DCX System Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

102.93

135.80

82.17

30.61

13.22

DCX System Quarterly Data
	Mar20	Mar21	Jun21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial							38.46	12.90	19.68	15.55	14.38

DCX System ROCE % Calculation

DCX System'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 )
	=	1137.89	/	( ( (12192.84 - 6455.53)	+	(18473.42 - 6989.68) )	/ 2 )
	=	1137.89	/	( (5737.31	+	11483.74)	/ 2 )
	=	1137.89	/	8610.525
	=	13.22 %

DCX System'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: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	1651.56	/	( ( (0 - 0)	+	(18473.42 - 6989.68) )	/ 1 )
	=	1651.56	/	( ( 0	+	11483.74 )	/ 1 )
	=	1651.56	/	11483.74
	=	14.38 %

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

DCX System (BOM:543650) 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.

DCX System ROCE % Related Terms

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

DCX System (BOM:543650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » DCX System Ltd (BOM:543650) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DCXINDIA:India

Address

Aerospace SEZ Sector, Plot Numbers 29,30 and 107, Hitech Defence and Aerospace Park, Kavadadasanahal Village, Devanahalli Taluk, Bengaluru Rural, KA, IND, 562110

Website

https://www.dcxindia.com

DCX System Ltd is an Indian Defence and aerospace company that manufactures electronic sub-systems and cable harnesses. The company provides a spectrum of services to Aerospace, Land and naval Defence systems, Satellites, and Civil Aviation.

DCX System (BOM:543650) Headlines

No Headlines