Sealmatic India (BOM:543782) ROCE % : 10.48% (As of Mar. 2024)

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What is Sealmatic India 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. Sealmatic India's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.48%.

Sealmatic India ROCE % Historical Data

The historical data trend for Sealmatic 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.

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Sealmatic India ROCE % Chart

Sealmatic India Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

38.21

42.46

41.36

26.74

16.06

Sealmatic India Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial			-	45.55	24.67	21.69	10.48

Sealmatic India ROCE % Calculation

Sealmatic India'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 )
	=	138.767	/	( ( (974.74 - 151.324)	+	(1104.491 - 200.311) )	/ 2 )
	=	138.767	/	( (823.416	+	904.18)	/ 2 )
	=	138.767	/	863.798
	=	16.06 %

Sealmatic India'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 )
	=	93.282	/	( ( (1059.605 - 184.107)	+	(1104.491 - 200.311) )	/ 2 )
	=	93.282	/	( ( 875.498	+	904.18 )	/ 2 )
	=	93.282	/	889.839
	=	10.48 %

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

Sealmatic India (BOM:543782) 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.

Sealmatic India ROCE % Related Terms

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Sealmatic India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sealmatic India Ltd (BOM:543782) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shanti Vidya Nagri Road, Building A, Indiplex IV, Survey No-12, Hissa No-9A, Village Ghodbunder, Mira Road (East), Thane, MH, IND, 401104

Website

https://www.sealmaticindia.com

Sealmatic India Ltd is engaged in the business of designing and manufacturing of mechanical seals and associated products. The Mechanical seals manufactured by the company are mainly used in pulp & paper, Oil & Gas, refinery, petrochemical, chemical, fertilizer, power, mining, aerospace, marine, pharmaceutical, and other industrial spaces. The company has a presence in over 45 countries including India. Some of the countries are the USA, Sweden, the UK, Germany, Italy, Japan, Norway, Switzerland, Denmark, Netherlands, Australia, France, and many more.

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