Sundaram Clayton (BOM:544066) ROCE % : -7.01% (As of Sep. 2024)

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What is Sundaram Clayton 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. Sundaram Clayton's annualized ROCE % for the quarter that ended in Sep. 2024 was -7.01%.

Sundaram Clayton ROCE % Historical Data

The historical data trend for Sundaram Clayton'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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Sundaram Clayton ROCE % Chart

Sundaram Clayton Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

4.12

3.31

-1.69

-2.64

Sundaram Clayton Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial				1.35	-	-4.76	-6.76	-7.01

Sundaram Clayton ROCE % Calculation

Sundaram Clayton'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 )
	=	-400.5	/	( ( (24117.8 - 7813.2)	+	(26739.6 - 12689.1) )	/ 2 )
	=	-400.5	/	( (16304.6	+	14050.5)	/ 2 )
	=	-400.5	/	15177.55
	=	-2.64 %

Sundaram Clayton'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 )
	=	-992.8	/	( ( (0 - 0)	+	(29816.4 - 15647) )	/ 1 )
	=	-992.8	/	( ( 0	+	14169.4 )	/ 1 )
	=	-992.8	/	14169.4
	=	-7.01 %

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

Sundaram Clayton (BOM:544066) 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.

Sundaram Clayton ROCE % Related Terms

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Sundaram Clayton Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sundaram Clayton Ltd (BOM:544066) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SUNCLAY:India

Address

No. 12, Khader Nawaz Khan Road, Chaitanya, Nungambakkam, Chennai, TN, IND, 600006

Website

https://www.sundaram-clayton.com

Sundaram Clayton Ltd is a company engaged in providing Die castings to automotive and non-automotive sector. The company's main business is to carry on the activity as a supplier of aluminum die castings to the automotive and non-automotive sectors. Geographically, the company derives maximum revenue from the domestic markets and the rest through exports.

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