Active Fine Chemicals (DHA:ACTIVEFINE) ROCE %: 5.70% (As of Mar. 2023)


DHA:ACTIVEFINE Active Fine Chemicals Ltd DHA:ACTIVEFINE
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Price BDT7.20
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What is Active Fine Chemicals ROCE %?

Active Fine Chemicals DHA:ACTIVEFINE +2.86% 10 ROCE % is 5.70% as of Mar. 2023. GuruFocus rates DHA:ACTIVEFINE with a GF Score™ of 10/100.

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. Active Fine Chemicals's annualized ROCE % for the quarter that ended in Mar. 2023 was 5.70%.

Active Fine Chemicals  (DHA:ACTIVEFINE) 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.

Active Fine Chemicals ROCE % Related Terms

Active Fine Chemicals ROCE % Historical Data

* Premium members only.

The historical data trend for Active Fine Chemicals'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.

Active Fine Chemicals ROCE % Chart

Active Fine Chemicals Annual Data
Trend Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
ROCE %
Get a 7-Day Free Trial Premium Member Only 17.08 16.98 2.79 5.52 5.90

Active Fine Chemicals Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.61 5.65 2.63 5.06 5.70
DHA:ACTIVEFINE
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Active Fine Chemicals Ltd DHA:ACTIVEFINE
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Active Fine Chemicals ROCE % Calculation

Active Fine Chemicals's annualized ROCE % for the fiscal year that ended in Jun. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=327.662/( ( (8749.046 - 3207.4) + (9078.941 - 3522.188) )/ 2 )
=327.662/( (5541.646+5556.753)/ 2 )
=327.662/5549.1995
=5.90 %

Active Fine Chemicals's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=316.312/( ( (9195.837 - 3631.121) + (9262.284 - 3728.365) )/ 2 )
=316.312/( ( 5564.716 + 5533.919 )/ 2 )
=316.312/5549.3175
=5.70 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2023) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 5.70% mean?
Active Fine Chemicals (DHA:ACTIVEFINE) has a ROCE % of 5.70% as of Mar. 2023.
Is Active Fine Chemicals' ROCE % too high?
Active Fine Chemicals' current ROCE % is 5.70%. The Chemicals industry median ROCE % is 6.42. Active Fine Chemicals' value of 5.70% is 11.2% below this industry median. Overall, Active Fine Chemicals has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Active Fine Chemicals' ROCE % compare to DOW and CE?
Active Fine Chemicals' ROCE % of 5.70% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.42. Active Fine Chemicals' value of 5.70% is 11.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Chemicals company?
The median ROCE % among Chemicals companies is 6.42, based on 1,595 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Active Fine Chemicals's current ROCE % of 5.70% is 11.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median ROCE % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Active Fine Chemicals's current ROCE % is 5.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Active Fine Chemicals stock overvalued right now?
Active Fine Chemicals (DHA:ACTIVEFINE) has a current ROCE % of 5.70%. The current ROCE % is 5.70% and 11.2% below the Chemicals industry median of 6.42. Active Fine Chemicals' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Active Fine Chemicals (DHA:ACTIVEFINE), the current ROCE % is 5.70% as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Active Fine Chemicals Business Description

Address House number 87-89, Road number 04, Block number B, Niketon, Gulshan-1, Dhaka, BGD, 1212
Active Fine Chemicals Ltd is a Bangladesh based chemical company engaged in manufacturing active pharmaceutical ingredients and laboratory reagents. Its product offerings include azithromycin dihydrate, erythromycin ethyl succinate, erythromycin stearate, pantoprazole sodium sesquihydrate, venlafaxine HCL, sitagliptin phosphate monohydrate, and pregabalin. While it also manufactures laboratory reagents including HPLC Grade solvents, solvents, and powder reagents.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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