Anlon Technology Solutions (NSE:ANLON) ROCE % : 17.28% (As of Sep. 2024)

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What is Anlon Technology Solutions 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. Anlon Technology Solutions's annualized ROCE % for the quarter that ended in Sep. 2024 was 17.28%.

Anlon Technology Solutions ROCE % Historical Data

The historical data trend for Anlon Technology Solutions'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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Anlon Technology Solutions ROCE % Chart

Anlon Technology Solutions Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

44.87

41.79

61.80

40.57

22.83

Anlon Technology Solutions Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			81.37	34.75	25.01	21.07	17.28

Anlon Technology Solutions ROCE % Calculation

Anlon Technology Solutions'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 )
	=	65.46	/	( ( (339.276 - 72.915)	+	(442.125 - 135.098) )	/ 2 )
	=	65.46	/	( (266.361	+	307.027)	/ 2 )
	=	65.46	/	286.694
	=	22.83 %

Anlon Technology Solutions's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	74.902	/	( ( (442.125 - 135.098)	+	(707.279 - 147.495) )	/ 2 )
	=	74.902	/	( ( 307.027	+	559.784 )	/ 2 )
	=	74.902	/	433.4055
	=	17.28 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

Anlon Technology Solutions (NSE:ANLON) 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.

Anlon Technology Solutions ROCE % Related Terms

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Anlon Technology Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Anlon Technology Solutions Ltd (NSE:ANLON) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mahatma Gandhi Road, No 504 Prestige Meridian Tower 1, Ashok Nagar, Bangalore North, Bangalore, KA, IND, 560001

Website

https://www.anlon.co

Anlon Technology Solutions Ltd provides engineering services for engineering systems, automotive components, and other related areas. The company works with international OEMs in various sectors including Mobile Fire Fighting and Rescue equipment, Runway Rubber Removal Machines, Airport Baggage and Cargo handling, Road Cleaning Equipment, Power Transmission Systems, Friction Testing Machines, and Climate Control Systems for off and on-highway vehicles. The company also sells spare parts and connects and guides clients with machine manufacturers. The company earns revenue from the sale of goods and services, with goods contributing the majority of the revenue.

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