Shurwid Industries (DHA:SHURWID) ROCE %: 4.04% (As of Mar. 2020)


DHA:SHURWID Shurwid Industries Ltd DHA:SHURWID
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Price BDT6.80
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What is Shurwid Industries ROCE %?

Shurwid Industries DHA:SHURWID 5 ROCE % is 4.04% as of Mar. 2020. GuruFocus rates DHA:SHURWID 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. Shurwid Industries's annualized ROCE % for the quarter that ended in Mar. 2020 was 4.04%.

Shurwid Industries  (DHA:SHURWID) 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.

Shurwid Industries ROCE % Related Terms

Shurwid Industries ROCE % Historical Data

* Premium members only.

The historical data trend for Shurwid 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.

Shurwid Industries ROCE % Chart

Shurwid Industries Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19
ROCE %
0.00 0.99 -2.38 4.11 10.89

Shurwid Industries Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 13.81 6.92 18.85 6.48 4.04
DHA:SHURWID
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Shurwid Industries Ltd DHA:SHURWID
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shurwid Industries ROCE % Calculation

Shurwid Industries's annualized ROCE % for the fiscal year that ended in Jun. 2019 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2019 )  (A: Jun. 2018 )(A: Jun. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2019 )  (A: Jun. 2018 )(A: Jun. 2019 )
=84.343/( ( (820.521 - 84.678) + (902.621 - 89.632) )/ 2 )
=84.343/( (735.843+812.989)/ 2 )
=84.343/774.416
=10.89 %

Shurwid Industries's ROCE % of for the quarter that ended in Mar. 2020 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2020 )  (Q: Dec. 2019 )(Q: Mar. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2020 )  (Q: Dec. 2019 )(Q: Mar. 2020 )
=35.596/( ( (937.36 - 61.969) + (935.625 - 50.103) )/ 2 )
=35.596/( ( 875.391 + 885.522 )/ 2 )
=35.596/880.4565
=4.04 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2020) 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 4.04% mean?
Shurwid Industries (DHA:SHURWID) has a ROCE % of 4.04% as of Mar. 2020.
Is Shurwid Industries' ROCE % too high?
Shurwid Industries' current ROCE % is 4.04%. The Packaging & Containers industry median ROCE % is 7.15. Shurwid Industries' value of 4.04% is 43.5% below this industry median. Overall, Shurwid Industries has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Shurwid Industries' ROCE % compare to BLL and AMCR?
Shurwid Industries' ROCE % of 4.04% can be compared against companies in the Packaging & Containers industry. The industry median ROCE % is 7.15. Shurwid Industries' value of 4.04% is 43.5% 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 Packaging & Containers company?
The median ROCE % among Packaging & Containers companies is 7.15, based on 389 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. Shurwid Industries's current ROCE % of 4.04% is 43.5% 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 Packaging & Containers industry, the median ROCE % is 7.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shurwid Industries's current ROCE % is 4.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shurwid Industries stock overvalued right now?
Shurwid Industries (DHA:SHURWID) has a current ROCE % of 4.04%. The current ROCE % is 4.04% and 43.5% below the Packaging & Containers industry median of 7.15. Shurwid Industries' 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 Shurwid Industries (DHA:SHURWID), the current ROCE % is 4.04% as of Mar. 2020. 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.

Shurwid Industries Business Description

Address H- 2, R-7, L-7, Rupayan Prime, Dhanmondi, Dhaka, BGD, 1205
Shurwid Industries Ltd is engaged in manufacturing of PVC sheet & food grade disposable products. The company's product categories include water cups, lunch boxes, plates, and others.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT6.80
Price