New Swan Multitech (BOM:544082) ROCE % : 21.83% (As of Sep. 2024)

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What is New Swan Multitech 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. New Swan Multitech's annualized ROCE % for the quarter that ended in Sep. 2024 was 21.83%.

New Swan Multitech ROCE % Historical Data

The historical data trend for New Swan Multitech'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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New Swan Multitech ROCE % Chart

New Swan Multitech Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

19.46

18.87

31.61

25.71

New Swan Multitech Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			-	-	33.07	26.27	21.83

New Swan Multitech ROCE % Calculation

New Swan Multitech'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 )
	=	191.697	/	( ( (1318.923 - 733.476)	+	(1569.738 - 664.248) )	/ 2 )
	=	191.697	/	( (585.447	+	905.49)	/ 2 )
	=	191.697	/	745.4685
	=	25.71 %

New Swan Multitech'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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	201.58	/	( ( (1569.738 - 664.248)	+	(1513.091 - 571.493) )	/ 2 )
	=	201.58	/	( ( 905.49	+	941.598 )	/ 2 )
	=	201.58	/	923.544
	=	21.83 %

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

New Swan Multitech (BOM:544082) 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.

New Swan Multitech ROCE % Related Terms

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New Swan Multitech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » New Swan Multitech Ltd (BOM:544082) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

District Court Complex, Shop No. 310, 3rd Floor, Vardhman Crown Mall, Plot No. 2, Sector-19, Dwarka, South West Delhi, New Delhi, IND, 110075

Website

https://www.swanagro.in

New Swan Multitech Ltd is engaged in the business of manufacturing, trading and export of agricultural implements and Auto Parts. The company's business comprises of only one segment that is Auto Components & Equipments. Its product include potato planter, Rotary Tiller, straw reaper, etc.

New Swan Multitech Headlines

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