Sigma Solve (BOM:543917) ROCE % : 57.51% (As of Dec. 2024)

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What is Sigma Solve 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. Sigma Solve's annualized ROCE % for the quarter that ended in Dec. 2024 was 57.51%.

Sigma Solve ROCE % Historical Data

The historical data trend for Sigma Solve'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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Sigma Solve ROCE % Chart

Sigma Solve Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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41.61

49.17

61.55

53.85

56.85

Sigma Solve Quarterly Data
	Mar18	Mar19	Mar20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial												35.92	70.28	61.81	54.55	57.51

Sigma Solve ROCE % Calculation

Sigma Solve'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 )
	=	255.253	/	( ( (640.102 - 80.251)	+	(400.021 - 61.828) )	/ 2 )
	=	255.253	/	( (559.851	+	338.193)	/ 2 )
	=	255.253	/	449.022
	=	56.85 %

Sigma Solve's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	236.824	/	( ( (476.919 - 65.151)	+	(0 - 0) )	/ 1 )
	=	236.824	/	( ( 411.768	+	0 )	/ 1 )
	=	236.824	/	411.768
	=	57.51 %

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

Sigma Solve (BOM:543917) 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.

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Sigma Solve Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Sigma Solve Ltd (BOM:543917) » Definitions » ROCE %

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SIGMA:India

Address

Sindhu Bhavan Road, S G Highway, 801-803, PV Enclave, ICICI Bank Lane Road, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.sigmasolve.in

Sigma Solve Ltd is involved in providing enterprise software solutions. The company provides services related to Web and E-commerce development, Real-time application development, Business Intelligence Analytics, CRM development, Digital marketing, UI and UX design, Automation testing, and Quality assurance. The firm generates revenue from the export of services.

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