Aesthetik Engineers (NSE:AESTHETIK) ROCE % : 44.58% (As of Mar. 2024)

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What is Aesthetik Engineers 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. Aesthetik Engineers's annualized ROCE % for the quarter that ended in Mar. 2024 was 44.58%.

Aesthetik Engineers ROCE % Historical Data

The historical data trend for Aesthetik Engineers'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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Aesthetik Engineers ROCE % Chart

Aesthetik Engineers Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

3.38

6.99

15.90

44.58

Aesthetik Engineers Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
ROCE %	3.38	6.99	15.90	44.58

Aesthetik Engineers ROCE % Calculation

Aesthetik Engineers'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 )
	=	68.784	/	( ( (245.777 - 131.71)	+	(308.894 - 114.368) )	/ 2 )
	=	68.784	/	( (114.067	+	194.526)	/ 2 )
	=	68.784	/	154.2965
	=	44.58 %

Aesthetik Engineers'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 )
	=	68.784	/	( ( (245.777 - 131.71)	+	(308.894 - 114.368) )	/ 2 )
	=	68.784	/	( ( 114.067	+	194.526 )	/ 2 )
	=	68.784	/	154.2965
	=	44.58 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2024) EBIT data.

Aesthetik Engineers (NSE:AESTHETIK) 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.

Aesthetik Engineers ROCE % Related Terms

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Aesthetik Engineers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Aesthetik Engineers Ltd (NSE:AESTHETIK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rajdanga Main Road, 1858/1, 5th Floor, Unit 503-505, Acropolis Mall, Kasba, Kolkata, WB, IND, 700107

Website

https://www.aesthetik.in

Aesthetik Engineers Ltd is engaged in the design, engineering, fabrication, and installation of facade systems. Its portfolio includes Building facades, Aluminium Doors, and Windows, Railing and Staircase, and Glassfibre Reinforced Concrete (GFRC). The company offers various products and services to meet the demands of its customers who belong to various industries such as Hospitality, Residential, Commercial, and Infrastructure Projects. It executes end-to-end solutions of its offerings i.e., from designing of facade to the installation of the facade at the site.

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