Updater Services (BOM:543996) ROCE % : 14.84% (As of Sep. 2024)

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What is Updater 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. Updater Services's annualized ROCE % for the quarter that ended in Sep. 2024 was 14.84%.

Updater Services ROCE % Historical Data

The historical data trend for Updater 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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Updater Services ROCE % Chart

Updater Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

14.91

18.04

18.25

12.36

13.07

Updater Services Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial								7.33	11.51	13.80	14.81	14.84

Updater Services ROCE % Calculation

Updater 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 )
	=	1038.41	/	( ( (12169.47 - 5992.18)	+	(15348 - 5636.11) )	/ 2 )
	=	1038.41	/	( (6177.29	+	9711.89)	/ 2 )
	=	1038.41	/	7944.59
	=	13.07 %

Updater Services'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	1532.8	/	( ( (0 - 0)	+	(15785.98 - 5456.72) )	/ 1 )
	=	1532.8	/	( ( 0	+	10329.26 )	/ 1 )
	=	1532.8	/	10329.26
	=	14.84 %

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

Updater Services (BOM:543996) 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.

Updater Services ROCE % Related Terms

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Updater Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Updater Services Ltd (BOM:543996) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

UDS:India

Address

No. 2/302-A, UDS Salai, Off Old Mahabalipuram Road, Thoraipakkam, Chennai, TN, IND, 600097

Website

https://www.uds.in

Updater Services Ltd is a company offering d integrated business services platform in India offering integrated facilities management (IFM) services and business support services (BSS) to our clients, with a pan-India presence. It operates in the Business-to-Business (B2B) services space offering a spectrum of business services, which are broadly classified into the two following segments which are IFM & Other Services Segment and BSS Segment.

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