CFF Fluid Control (BOM:543920) ROCE % : 16.27% (As of Mar. 2024)

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What is CFF Fluid Control 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. CFF Fluid Control's annualized ROCE % for the quarter that ended in Mar. 2024 was 16.27%.

CFF Fluid Control ROCE % Historical Data

The historical data trend for CFF Fluid Control'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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CFF Fluid Control ROCE % Chart

CFF Fluid Control Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

40.64

13.94

53.91

67.46

19.94

CFF Fluid Control Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial			-	74.72	-	24.31	16.27

CFF Fluid Control ROCE % Calculation

CFF Fluid Control'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 )
	=	264.165	/	( ( (0 - 0)	+	(1611.593 - 286.76) )	/ 1 )
	=	264.165	/	( (0	+	1324.833)	/ 1 )
	=	264.165	/	1324.833
	=	19.94 %

CFF Fluid Control'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 )
	=	213.204	/	( ( (1602.472 - 306.173)	+	(1611.593 - 286.76) )	/ 2 )
	=	213.204	/	( ( 1296.299	+	1324.833 )	/ 2 )
	=	213.204	/	1310.566
	=	16.27 %

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

CFF Fluid Control (BOM:543920) 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.

CFF Fluid Control ROCE % Related Terms

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CFF Fluid Control (BOM:543920) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CFF Fluid Control Ltd (BOM:543920) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

503, Delphi, A Wing, Orchard Avenue, Hiranandani Business Park, Powai, Mumbai, MH, IND, 400076

Website

https://www.cffdefensys.com

CFF Fluid Control Ltd is primarily in the business of manufacturing and servicing shipboard machinery, critical component systems and test facilities for submarines & surface ships for The Indian Navy. The company also design, manufacture and service Mechanical equipment and systems for industries like Nuclear and Clean Energy.

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