Adtech Systems (BOM:544185) ROCE % : 13.14% (As of Dec. 2024)

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What is Adtech Systems 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. Adtech Systems's annualized ROCE % for the quarter that ended in Dec. 2024 was 13.14%.

Adtech Systems ROCE % Historical Data

The historical data trend for Adtech Systems'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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Adtech Systems ROCE % Chart

Adtech Systems Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

ROCE %

8.71

11.98

8.55

14.03

Adtech Systems Quarterly Data
	Mar20	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial					-	-	6.19	19.25	13.14

Adtech Systems ROCE % Calculation

Adtech Systems's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	64.227	/	( ( (791.498 - 343.267)	+	(684.09 - 216.741) )	/ 2 )
	=	64.227	/	( (448.231	+	467.349)	/ 2 )
	=	64.227	/	457.79
	=	14.03 %

Adtech Systems'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 )
	=	68.956	/	( ( (593.2 - 74.788)	+	(609.886 - 78.848) )	/ 2 )
	=	68.956	/	( ( 518.412	+	531.038 )	/ 2 )
	=	68.956	/	524.725
	=	13.14 %

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

Adtech Systems (BOM:544185) 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.

Adtech Systems ROCE % Related Terms

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Adtech Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Adtech Systems Ltd (BOM:544185) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Emmar Grande, Harita Giri, First Floor, Kanjirampara Post Office, Thiruvananthapuram, KL, IND, 695030

Website

https://www.adtechindia.com

Adtech Systems Ltd is an electronic system integrator company. The company provides a range of solutions in electronic security systems such as Retail security, Commercial, and Smart home solutions. Its products include Electronic Article Surveillance Systems, Retail Display Security Solutions, Milesight, Milesight IoT, Smart Hubs, Smart Lighting, and others.

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