Azgard Nine (KAR:ANL) ROCE %: 0.00% (As of . 20)


What is Azgard Nine ROCE %?

Azgard Nine KAR:ANL ROCE % is 0.00% as of . 20.

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. Azgard Nine's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Azgard Nine  (KAR:ANL) 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.

Azgard Nine ROCE % Related Terms

Azgard Nine ROCE % Historical Data

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The historical data trend for Azgard Nine'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.

Azgard Nine ROCE % Chart

Azgard Nine Annual Data
Trend
ROCE %

Azgard Nine Quarterly Data
ROCE %

Azgard Nine ROCE % Calculation

Azgard Nine's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Azgard Nine's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( ( + )/ )
=/
= %

(1) Note: The EBIT data used here is four times the quarterly (. 20) 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 0.00% mean?
Azgard Nine (KAR:ANL) has a ROCE % of 0.00% as of . 20.
Is Azgard Nine's ROCE % too high?
Azgard Nine's current ROCE % is 0.00%.
How does Azgard Nine's ROCE % compare to competitors?
Azgard Nine's ROCE % of 0.00% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.14. 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 6.14, based on 1,040 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. 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 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azgard Nine's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azgard Nine stock overvalued right now?
Azgard Nine (KAR:ANL) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. 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 Azgard Nine (KAR:ANL), the current ROCE % is 0.00% as of . 20. 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.

Azgard Nine Business Description

Address Ismail Aiwan-e-Science, Off: Shahrah-e-Roomi, Lahore, PB, PAK, 54600
Azgard Nine Ltd is engaged in the integrated manufacturing and sale of yarn, denim fabric, and denim products. Its operations include spinning, weaving, dyeing, and stitching, producing a range of textile products focused on denim. The company serves markets domestically and internationally, supplying raw denim fabric through to finished garments. Revenue is generated mainly from sales of denim fabric and ready-made denim products. Azgard Nine also emphasizes sustainable production practices as part of its operations.