Duncans Industries (BOM:590063) ROCE % : 6.45% (As of Dec. 2012)

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What is Duncans Industries 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. Duncans Industries's annualized ROCE % for the quarter that ended in Dec. 2012 was 6.45%.

Duncans Industries ROCE % Historical Data

The historical data trend for Duncans Industries'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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Duncans Industries ROCE % Chart

Duncans Industries Annual Data

Trend

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Sep14

ROCE %

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-2.62

1.07

-0.20

-20.69

-14.22

Duncans Industries Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Sep14
ROCE %	-	2.85	14.31	6.45	-

Duncans Industries ROCE % Calculation

Duncans Industries's annualized ROCE % for the fiscal year that ended in Sep. 2014 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2014 )		(A: Mar. 2012 )		(A: Sep. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2014 )		(A: Mar. 2012 )		(A: Sep. 2014 )
	=	-127.158	/	( ( (3884.491 - 2747.895)	+	(3502.136 - 2850.095) )	/ 2 )
	=	-127.158	/	( (1136.596	+	652.041)	/ 2 )
	=	-127.158	/	894.3185
	=	-14.22 %

Duncans Industries's ROCE % of for the quarter that ended in Dec. 2012 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2012 )		(Q: Sep. 2012 )		(Q: Dec. 2012 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2012 )		(Q: Sep. 2012 )		(Q: Dec. 2012 )
	=	166.8	/	( ( (7497.574 - 4911.78)	+	(0 - 0) )	/ 1 )
	=	166.8	/	( ( 2585.794	+	0 )	/ 1 )
	=	166.8	/	2585.794
	=	6.45 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2012) EBIT data.

Duncans Industries (BOM:590063) 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.

Duncans Industries ROCE % Related Terms

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Duncans Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Duncans Industries Ltd (BOM:590063) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

97, Park Street, Block-C, 3rd Floor, Kolkata, WB, IND, 700016

Website

http://www.duncans-tea.com

Duncans Industries Ltd operates as a tea processing company, which engages in the cultivation, production, processing, and growing of tea and coffee plants. It markets and distributes its tea products under the Runglee Rungliot, No.1, Shakti, Double Diamond, and Sargam brands.

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