TBO Tek (BOM:544174) ROCE % : 18.96% (As of Dec. 2024)

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What is TBO Tek 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. TBO Tek's annualized ROCE % for the quarter that ended in Dec. 2024 was 18.96%.

TBO Tek ROCE % Historical Data

The historical data trend for TBO Tek'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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TBO Tek ROCE % Chart

TBO Tek Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

-12.77

19.02

50.90

39.13

TBO Tek Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial						37.81	32.05	40.81	23.37	18.96

TBO Tek ROCE % Calculation

TBO Tek'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 )
	=	2375.61	/	( ( (25579.25 - 21447.07)	+	(48574.29 - 40564.02) )	/ 2 )
	=	2375.61	/	( (4132.18	+	8010.27)	/ 2 )
	=	2375.61	/	6071.225
	=	39.13 %

TBO Tek'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 )
	=	2506.24	/	( ( (58922.45 - 45705.8)	+	(0 - 0) )	/ 1 )
	=	2506.24	/	( ( 13216.65	+	0 )	/ 1 )
	=	2506.24	/	13216.65
	=	18.96 %

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

TBO Tek (BOM:544174) 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.

TBO Tek ROCE % Related Terms

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TBO Tek Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TBO Tek Ltd (BOM:544174) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TBOTEK:India

Address

Udyog Vihar Phase- V, Plot No. 728, Gurgaon, HR, IND, 122016

Website

https://www.tbo.com

TBO Tek Ltd is a travel distribution platform. It is engaged in the business of operating an online technology platform (TBO Portal) providing its customers access to book global travel inventory aggregated through travel suppliers like airlines, hotels, cruises, car rentals, transfers, and rail services among others. Its customers include retail and API buyers such as travel agencies, independent travel advisors, and enterprise buyers including tour operators, travel management companies, online travel companies, super-apps, and loyalty apps. The company's business activities fall within two primary business segments; Air ticketing which generates maximum revenue, and Hotels and packages. Geographically, it derives maximum revenue from India and also has its presence outside India.

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