Hexaware Technologies (Hexaware Technologies) ROCE % : 23.53% (As of Sep. 2020)

View and export this data going back to 2010. Start your Free Trial

What is Hexaware Technologies 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. Hexaware Technologies's annualized ROCE % for the quarter that ended in Sep. 2020 was 23.53%.

Hexaware Technologies ROCE % Historical Data

The historical data trend for Hexaware Technologies'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.

* Premium members only.

Hexaware Technologies ROCE % Chart

Hexaware Technologies Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

ROCE %

Get a 7-Day Free Trial

34.90

34.20

34.58

31.19

29.19

Hexaware Technologies Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
ROCE %	Get a 7-Day Free Trial															27.22	25.02	25.28	21.10	23.53

Hexaware Technologies ROCE % Calculation

Hexaware Technologies's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	110.554	/	( ( (442.373 - 100.377)	+	(585.853 - 170.47) )	/ 2 )
	=	110.554	/	( (341.996	+	415.383)	/ 2 )
	=	110.554	/	378.6895
	=	29.19 %

Hexaware Technologies's ROCE % of for the quarter that ended in Sep. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2020 )		(Q: Jun. 2020 )		(Q: Sep. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2020 )		(Q: Jun. 2020 )		(Q: Sep. 2020 )
	=	115.368	/	( ( (684.915 - 206.983)	+	(697.693 - 195.151) )	/ 2 )
	=	115.368	/	( ( 477.932	+	502.542 )	/ 2 )
	=	115.368	/	490.237
	=	23.53 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2020) EBIT data.

Hexaware Technologies (OTCPK:HXWRY) 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.

Hexaware Technologies ROCE % Related Terms

Thank you for viewing the detailed overview of Hexaware Technologies's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Hexaware Technologies (Hexaware Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hexaware Technologies Ltd (OTCPK:HXWRY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

152 Millennium Business Park, Sector-lll, A Block, TTC Industrial Area, Mahape, Navi Mumbai, Maharashtra, IND, 400710

Website

https://www.hexaware.com

Hexaware Technologies provides a variety of information technology services, including information technology application consulting, support and maintenance, infrastructure management, business process services, robotic process automation, and customer relationship management. Hexaware is organized into four segments based on customer industry: banking and financial services, travel and transportation, heath and insurance, manufacturing and consumer, and professional services. The banking and financial services segment generates the most revenue. The majority of revenue comes from the United States.