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Macfos (BOM:543787) ROCE % : 62.47% (As of Sep. 2024)


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What is Macfos 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. Macfos's annualized ROCE % for the quarter that ended in Sep. 2024 was 62.47%.


Macfos ROCE % Historical Data

The historical data trend for Macfos'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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Macfos ROCE % Chart

Macfos Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
56.73 100.87 109.30 67.20 63.62

Macfos Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
ROCE % Get a 7-Day Free Trial 61.70 70.63 51.51 77.41 62.47

Macfos ROCE % Calculation

Macfos'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 )
=160.856/( ( (328.733 - 123.218) + (501.637 - 201.496) )/ 2 )
=160.856/( (205.515+300.141)/ 2 )
=160.856/252.828
=63.62 %

Macfos'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: Mar. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=296.388/( ( (501.637 - 201.496) + (1344.229 - 695.418) )/ 2 )
=296.388/( ( 300.141 + 648.811 )/ 2 )
=296.388/474.476
=62.47 %

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


Macfos  (BOM:543787) 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.


Macfos ROCE % Related Terms

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Macfos Business Description

Traded in Other Exchanges
N/A
Address
Bhosari Alandi Road, S. No. 78/1, Sumant Building, Dynamic Logistics Trade Park, Dighi, Pune, MH, IND, 411015
Macfos Ltd is an e-commerce-based company. The company is engaged in the business of developing, manufacturing, and reselling Industrial Electronic, Engineering, and Research and Development products in India or elsewhere. It is also involved in the business of providing 3D Printing Services, Prototyping Services, Assembly of Mechanical, Electronics products, and Li-ion batteries. The company operates in a single segment of electronic items and parts. The company's portfolio consists of electronics components and parts that facilitate consumers such as manufacturers, electrical & mechanical engineering students, educational institutions, researchers, and developers, to turn their ideas into reality as well as to speed up their product's R&D and prototyping cycle.

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