Nishat (Chunian) (KAR:NCL) ROCE % : 18.98% (As of Dec. 2024)

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What is Nishat (Chunian) 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. Nishat (Chunian)'s annualized ROCE % for the quarter that ended in Dec. 2024 was 18.98%.

Nishat (Chunian) ROCE % Historical Data

The historical data trend for Nishat (Chunian)'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.

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Nishat (Chunian) ROCE % Chart

Nishat (Chunian) Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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26.63

27.25

25.63

11.62

26.68

Nishat (Chunian) Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															13.76	30.08	25.70	19.30	18.98

Nishat (Chunian) ROCE % Calculation

Nishat (Chunian)'s annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	8816.526	/	( ( (69743.749 - 35887.079)	+	(68697.569 - 36471.725) )	/ 2 )
	=	8816.526	/	( (33856.67	+	32225.844)	/ 2 )
	=	8816.526	/	33041.257
	=	26.68 %

Nishat (Chunian)'s ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	5970.168	/	( ( (69182.6 - 37488.756)	+	(73607.638 - 42392.207) )	/ 2 )
	=	5970.168	/	( ( 31693.844	+	31215.431 )	/ 2 )
	=	5970.168	/	31454.6375
	=	18.98 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Nishat (Chunian) (KAR:NCL) 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.

Nishat (Chunian) ROCE % Related Terms

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Nishat (Chunian) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nishat (Chunian) Ltd (KAR:NCL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

31-Q, Gulberg II, Lahore, PB, PAK, 54660

Website

https://www.nishat.net

Nishat (Chunian) Ltd is engaged in the textile business. The company has the following segments namely Spinning; Weaving; Processing and Home Textile; and Power Generation. The company exports its products to Europe, Asia, Africa, the United States of America, and Pakistan. It deals in yarn, fabrics, and made-ups made from raw cotton, synthetic fibre, and cloth and generates, accumulates, distributes, supplies, and sells electricity and steam. The company earns the majority of its revenue from the Spinning Segment.

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