Ecos (India) Mobility & Hospitality (BOM:544239) ROCE % : 40.96% (As of Sep. 2024)

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What is Ecos (India) Mobility & Hospitality 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. Ecos (India) Mobility & Hospitality's annualized ROCE % for the quarter that ended in Sep. 2024 was 40.96%.

Ecos (India) Mobility & Hospitality ROCE % Historical Data

The historical data trend for Ecos (India) Mobility & Hospitality'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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Ecos (India) Mobility & Hospitality ROCE % Chart

Ecos (India) Mobility & Hospitality Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

10.22

20.08

57.31

51.39

Ecos (India) Mobility & Hospitality Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			-	-	55.66	47.97	40.96

Ecos (India) Mobility & Hospitality ROCE % Calculation

Ecos (India) Mobility & Hospitality'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 )
	=	850.47	/	( ( (2297.05 - 925.99)	+	(2966.59 - 1027.84) )	/ 2 )
	=	850.47	/	( (1371.06	+	1938.75)	/ 2 )
	=	850.47	/	1654.905
	=	51.39 %

Ecos (India) Mobility & Hospitality'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 )
	=	816.28	/	( ( (2966.59 - 1027.84)	+	(3315.22 - 1267.97) )	/ 2 )
	=	816.28	/	( ( 1938.75	+	2047.25 )	/ 2 )
	=	816.28	/	1993
	=	40.96 %

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

Ecos (India) Mobility & Hospitality (BOM:544239) 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.

Ecos (India) Mobility & Hospitality ROCE % Related Terms

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Ecos (India) Mobility & Hospitality Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ecos (India) Mobility & Hospitality Ltd (BOM:544239) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ECOSMOBLTY:India

Address

45, First Floor, Corner Market, Malviya Nagar, New Delhi, IND, 110017

Website

https://www.ecosmobility.com

Ecos (India) Mobility & Hospitality Ltd is engaged in the business of providing chauffeured car rentals (CCR) and employee transportation services (ETS) and has been providing these services to corporate customers, including Fortune 500 companies in India. It also provides cars on a self-drive basis in the cities of Delhi, Gurugram, Mumbai and Bengaluru. It has also provided self-drive cars outside India through vendors. The company operates a fleet of more than 9,000 economies of luxury cars, minivans, and luxury coaches. It also provides specialty vehicles such as luggage vans, limousines, vintage cars and vehicles for accessible transportation for people with disabilities.

Ecos (India) Mobility & Hospitality Headlines

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