Generation Next Fashions (DHA:GENNEXT) ROCE %: 6.81% (As of Mar. 2024)


DHA:GENNEXT Generation Next Fashions Ltd DHA:GENNEXT
5 GF Score
Price BDT3.00
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What is Generation Next Fashions ROCE %?

Generation Next Fashions DHA:GENNEXT 5 ROCE % is 6.81% as of Mar. 2024. GuruFocus rates DHA:GENNEXT with a GF Score™ of 5/100.

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. Generation Next Fashions's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.81%.

Generation Next Fashions  (DHA:GENNEXT) 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.

Generation Next Fashions ROCE % Related Terms

Generation Next Fashions ROCE % Historical Data

* Premium members only.

The historical data trend for Generation Next Fashions'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.

Generation Next Fashions ROCE % Chart

Generation Next Fashions Annual Data
Trend Dec14 Dec15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.35 4.61 4.09 4.72 5.36

Generation Next Fashions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.01 3.01 -1.60 9.16 6.81
DHA:GENNEXT
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Generation Next Fashions Ltd DHA:GENNEXT
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Generation Next Fashions ROCE % Calculation

Generation Next Fashions's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=422.698/( ( (9744.883 - 2021.11) + (9928.393 - 1868.061) )/ 2 )
=422.698/( (7723.773+8060.332)/ 2 )
=422.698/7892.0525
=5.36 %

Generation Next Fashions'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: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=541.88/( ( (9792.905 - 1823.37) + (9860.442 - 1910.22) )/ 2 )
=541.88/( ( 7969.535 + 7950.222 )/ 2 )
=541.88/7959.8785
=6.81 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) 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 6.81% mean?
Generation Next Fashions (DHA:GENNEXT) has a ROCE % of 6.81% as of Mar. 2024.
Is Generation Next Fashions' ROCE % too high?
Generation Next Fashions' current ROCE % is 6.81%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.12. Generation Next Fashions' value of 6.81% is 11.3% above this industry median. Overall, Generation Next Fashions has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Generation Next Fashions' ROCE % compare to RL and LEVI?
Generation Next Fashions' ROCE % of 6.81% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.12. Generation Next Fashions' value of 6.81% is 11.3% above 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 Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.12, based on 1,034 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. Generation Next Fashions's current ROCE % of 6.81% is 11.3% above 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 Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Generation Next Fashions's current ROCE % is 6.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generation Next Fashions stock overvalued right now?
Generation Next Fashions (DHA:GENNEXT) has a current ROCE % of 6.81%. The current ROCE % is 6.81% and 11.3% above the Manufacturing - Apparel & Accessories industry median of 6.12. Generation Next Fashions' overall GF Score™ is 5/100. 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 Generation Next Fashions (DHA:GENNEXT), the current ROCE % is 6.81% as of Mar. 2024. 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.

Generation Next Fashions Business Description

Address Building No. 348, Road No. 5, DOHS Baridhara, Dhaka, BGD, 1206
Generation Next Fashions Ltd is a textile and apparel company. The company is engaged in the knitting, dying, and manufacturing of textiles and readymade garments. The company offers wearable goods for Men, Women, and Kids. It offers products such as T-shirts, trousers, hoodies, jackets, nightwear, and others.
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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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