Sazgar Engineering Works (KAR:SAZEW) ROCE % : 109.65% (As of Dec. 2024)

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What is Sazgar Engineering Works 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. Sazgar Engineering Works's annualized ROCE % for the quarter that ended in Dec. 2024 was 109.65%.

Sazgar Engineering Works ROCE % Historical Data

The historical data trend for Sazgar Engineering Works'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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Sazgar Engineering Works ROCE % Chart

Sazgar Engineering Works Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

4.65

5.77

12.49

51.33

181.44

Sazgar Engineering Works Quarterly Data
	Jun20	Jun21	Jun22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial						-	252.62	246.79	203.43	109.65

Sazgar Engineering Works ROCE % Calculation

Sazgar Engineering Works'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 )
	=	13280.575	/	( ( (7685.133 - 4025.57)	+	(29226.023 - 18246.611) )	/ 2 )
	=	13280.575	/	( (3659.563	+	10979.412)	/ 2 )
	=	13280.575	/	7319.4875
	=	181.44 %

Sazgar Engineering Works'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 )
	=	17255.3	/	( ( (35569.941 - 20309.462)	+	(46395.121 - 30182.632) )	/ 2 )
	=	17255.3	/	( ( 15260.479	+	16212.489 )	/ 2 )
	=	17255.3	/	15736.484
	=	109.65 %

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

Sazgar Engineering Works (KAR:SAZEW) 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.

Sazgar Engineering Works ROCE % Related Terms

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Sazgar Engineering Works Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sazgar Engineering Works Ltd (KAR:SAZEW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

88-Ali Town, Raiwind Road, Thokar Niaz Baig, Lahore, PB, PAK

Website

https://www.sazgarautos.com

Sazgar Engineering Works Ltd manufactures auto rickshaws, tractors wheel rims and home appliances. Its products include 3 Wheelers and Tractor Automotive Wheel Rims. The operating segments of the company are Automobiles-Three Wheeler, Automotive Parts, Household Appliances and Automobiles-Four Wheeler. Substantial amount of revenue for the company is generated from the Automobiles-Four Wheeler segment.

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