Aatmaj Healthcare (NSE:AATMAJ) ROCE %: 7.36% (As of Mar. 2024)

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NSE:AATMAJ Aatmaj Healthcare Ltd NSE:AATMAJ
24 GF Score
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What is Aatmaj Healthcare ROCE %?

Aatmaj Healthcare NSE:AATMAJ 24 ROCE % is 7.36% as of Mar. 2024. GuruFocus rates NSE:AATMAJ with a GF Score™ of 24/100.

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. Aatmaj Healthcare's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.36%.

Aatmaj Healthcare  (NSE:AATMAJ) 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.

Aatmaj Healthcare ROCE % Related Terms

Aatmaj Healthcare ROCE % Historical Data

* Premium members only.

The historical data trend for Aatmaj Healthcare'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.

Aatmaj Healthcare ROCE % Chart

Aatmaj Healthcare Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
5.12 73.18 84.86 69.36 7.36

Aatmaj Healthcare Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
ROCE % 5.12 73.18 84.86 69.36 7.36
NSE:AATMAJ
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Aatmaj Healthcare Ltd NSE:AATMAJ
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Aatmaj Healthcare ROCE % Calculation

Aatmaj Healthcare's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=25.074/( ( (310.071 - 143.65) + (576.84 - 61.483) )/ 2 )
=25.074/( (166.421+515.357)/ 2 )
=25.074/340.889
=7.36 %

Aatmaj Healthcare's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Mar. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Mar. 2023 )(Q: Mar. 2024 )
=25.074/( ( (310.071 - 143.65) + (576.84 - 61.483) )/ 2 )
=25.074/( ( 166.421 + 515.357 )/ 2 )
=25.074/340.889
=7.36 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2024) 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 7.36% mean?
Aatmaj Healthcare (NSE:AATMAJ) has a ROCE % of 7.36% as of Mar. 2024.
Is Aatmaj Healthcare's ROCE % too high?
Aatmaj Healthcare's current ROCE % is 7.36%. The Healthcare Providers & Services industry median ROCE % is 6.41. Aatmaj Healthcare's value of 7.36% is 14.8% above this industry median. Overall, Aatmaj Healthcare has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Aatmaj Healthcare's ROCE % compare to HCA and THC?
Aatmaj Healthcare's ROCE % of 7.36% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROCE % is 6.41. Aatmaj Healthcare's value of 7.36% is 14.8% above 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 Healthcare Providers & Services company?
The median ROCE % among Healthcare Providers & Services companies is 6.41, based on 641 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. Aatmaj Healthcare's current ROCE % of 7.36% is 14.8% above 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 Healthcare Providers & Services industry, the median ROCE % is 6.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aatmaj Healthcare's current ROCE % is 7.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aatmaj Healthcare stock overvalued right now?
Aatmaj Healthcare (NSE:AATMAJ) has a current ROCE % of 7.36%. The current ROCE % is 7.36% and 14.8% above the Healthcare Providers & Services industry median of 6.41. Aatmaj Healthcare's overall GF Score™ is 24/100. 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 Aatmaj Healthcare (NSE:AATMAJ), the current ROCE % is 7.36% as of Mar. 2024. 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.

Aatmaj Healthcare Business Description

Address Sunpharma Ataladra Road, Jupiter Hospital, Opposite ICAI Bhavan, Vadodara, GJ, IND, 390012
Aatmaj Healthcare Ltd is engaged in healthcare services and running a multi-specialty hospital at various places. It has a team of medical practitioners who ensure that patients get quality healthcare services. It offers services such as Trauma Center, Ambulance, and Others.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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