Alchemist (NSE:ALCHEM) ROCE %: -392.10% (As of Sep. 2020)


What is Alchemist ROCE %?

Alchemist NSE:ALCHEM ROCE % is -392.10% as of Sep. 2020.

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. Alchemist's annualized ROCE % for the quarter that ended in Sep. 2020 was -392.10%.

Alchemist  (NSE:ALCHEM) 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.

Alchemist ROCE % Related Terms

Alchemist ROCE % Historical Data

* Premium members only.

The historical data trend for Alchemist'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.

Alchemist ROCE % Chart

Alchemist Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.88 -14.96 -2.24 -9.36 -9.72

Alchemist Quarterly Data
Dec11 Mar12 Jun12 Dec12 Mar13 Jun13 Mar14 Mar15 Mar16 Mar17 Mar18 Jun18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -34.69 -0.95 -392.10

Alchemist ROCE % Calculation

Alchemist's annualized ROCE % for the fiscal year that ended in Mar. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2020 )  (A: Mar. 2019 )(A: Mar. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2020 )  (A: Mar. 2019 )(A: Mar. 2020 )
=-574.315/( ( (7741.545 - 1643.359) + (7325.48 - 1611.84) )/ 2 )
=-574.315/( (6098.186+5713.64)/ 2 )
=-574.315/5905.913
=-9.72 %

Alchemist's ROCE % of for the quarter that ended in Sep. 2020 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2020 )  (Q: Jun. 2020 )(Q: Sep. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2020 )  (Q: Jun. 2020 )(Q: Sep. 2020 )
=-14945.936/( ( (0 - 0) + (4218.418 - 406.626) )/ 1 )
=-14945.936/( ( 0 + 3811.792 )/ 1 )
=-14945.936/3811.792
=-392.10 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2020) 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 -392.10% mean?
Alchemist (NSE:ALCHEM) has a ROCE % of -392.10% as of Sep. 2020.
Is Alchemist's ROCE % too high?
Alchemist's current ROCE % is -392.10%.
How does Alchemist's ROCE % compare to competitors?
Alchemist's ROCE % of -392.10% can be compared against companies in the Conglomerates industry. The industry median ROCE % is 6.96. 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 Conglomerates company?
The median ROCE % among Conglomerates companies is 6.96, based on 556 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 Conglomerates industry, the median ROCE % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alchemist's current ROCE % is -392.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alchemist stock overvalued right now?
Alchemist (NSE:ALCHEM) has a current ROCE % of -392.10%. The current ROCE % is -392.10%. 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 Alchemist (NSE:ALCHEM), the current ROCE % is -392.10% as of Sep. 2020. 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.

Alchemist Business Description

Address Alchemist House, Building No.23, Nehru Place, New Delhi, IND, 110019
Alchemist Ltd is a diversified Conglomerate company. It is engaged in the business of Agriculture and allied activities comprising of floriculture and manufacturing of wire mesh for poultry industry and trading of chemicals and pharmaceutical formulations. It operates through two segments: Agri Business and Pharma, Chemical and Minerals. The company's operations are spread across North America, Europe, Asia Pacific and Rest of the World regions.