Zaggle Prepaid Ocean Services (BOM:543985) ROCE % : 17.90% (As of Dec. 2024)

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What is Zaggle Prepaid Ocean Services 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. Zaggle Prepaid Ocean Services's annualized ROCE % for the quarter that ended in Dec. 2024 was 17.90%.

Zaggle Prepaid Ocean Services ROCE % Historical Data

The historical data trend for Zaggle Prepaid Ocean Services'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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Zaggle Prepaid Ocean Services ROCE % Chart

Zaggle Prepaid Ocean Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

361.48

234.66

47.44

20.16

Zaggle Prepaid Ocean Services Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial								16.14	19.08	16.52	19.03	17.90

Zaggle Prepaid Ocean Services ROCE % Calculation

Zaggle Prepaid Ocean Services'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 )
	=	724.23	/	( ( (2347.59 - 1176.71)	+	(6961.36 - 948.84) )	/ 2 )
	=	724.23	/	( (1170.88	+	6012.52)	/ 2 )
	=	724.23	/	3591.7
	=	20.16 %

Zaggle Prepaid Ocean Services'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 )
	=	1140.88	/	( ( (7537.01 - 1164.84)	+	(0 - 0) )	/ 1 )
	=	1140.88	/	( ( 6372.17	+	0 )	/ 1 )
	=	1140.88	/	6372.17
	=	17.90 %

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

Zaggle Prepaid Ocean Services (BOM:543985) 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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Zaggle Prepaid Ocean Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Zaggle Prepaid Ocean Services Ltd (BOM:543985) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ZAGGLE:India

Address

C.T.S. No. 4A, Boomerang Building, Ground Floor, B-1004, Village Saki Naka, Taluka Kurla, Andheri (East), District Mumbai Suburban, Mumbai, MH, IND, 400072

Website

https://www.zaggle.in

Zaggle Prepaid Ocean Services Ltd is into spend management, with a differentiated value proposition and diversified user base. It offers a diversified portfolio of SaaS, including tax and payroll software. The company's core product portfolio includes; Propel, a SaaS platform for channel partner rewards and incentives, employee rewards and recognition; SAVE, a SaaS-based platform for employee expense management, reimbursements and benefits; and Zoyer, an integrated data driven SaaS-based procure-to-pay and utility payment platform. The company's operating segments are based on the nature of the products and services provided and include; Propel platform revenue/gift cards which derives maximum revenue, Platform fee/SaaS fee/Service fee, and Program fee.

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