Subam Papers (BOM:544267) ROCE % : 22.69% (As of Mar. 2024)

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What is Subam Papers 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. Subam Papers's annualized ROCE % for the quarter that ended in Mar. 2024 was 22.69%.

Subam Papers ROCE % Historical Data

The historical data trend for Subam Papers'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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Subam Papers ROCE % Chart

Subam Papers Annual Data

Trend

Mar22

Mar23

Mar24

ROCE %

14.50

7.69

22.69

Subam Papers Semi-Annual Data
	Mar22	Mar23	Mar24
ROCE %	14.50	7.69	22.69

Subam Papers ROCE % Calculation

Subam Papers'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 )
	=	647.102	/	( ( (4143.465 - 1427.989)	+	(4604.61 - 1615.648) )	/ 2 )
	=	647.102	/	( (2715.476	+	2988.962)	/ 2 )
	=	647.102	/	2852.219
	=	22.69 %

Subam Papers's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Mar. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Mar. 2023 )		(Q: Mar. 2024 )
	=	647.102	/	( ( (4143.465 - 1427.989)	+	(4604.61 - 1615.648) )	/ 2 )
	=	647.102	/	( ( 2715.476	+	2988.962 )	/ 2 )
	=	647.102	/	2852.219
	=	22.69 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2024) EBIT data.

Subam Papers (BOM:544267) 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.

Subam Papers ROCE % Related Terms

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Subam Papers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Subam Papers Ltd (BOM:544267) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

S.F. No. 143-146 Vaduganpatti Village, Nadukallur to Tirunelveli, Tirunelveli Taluk, Tirunelveli, TN, IND, 627010

Website

https://www.subampapers.com

Subam Papers Ltd is engaged in the manufacturing, sale, and distribution of Kraft Paper and Paper Products. The company does not manufacture its products from wood pulp but instead, it uses waste paper as its raw material. Its products include Kraft Paper, Paper Cones & Tubes, Duplex Boards, and Corrugated Boxes. Geographically, it derives a majority of its revenue through domestic sales and also exports its products to other countries.

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