Chetana Education (NSE:CHETANA) ROCE %: 63.57% (As of Mar. 2024)

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NSE:CHETANA Chetana Education Ltd NSE:CHETANA
19 GF Score
Price ₹43.35
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What is Chetana Education ROCE %?

Chetana Education NSE:CHETANA 19 ROCE % is 63.57% as of Mar. 2024. GuruFocus rates NSE:CHETANA with a GF Score™ of 19/100.

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. Chetana Education's annualized ROCE % for the quarter that ended in Mar. 2024 was 63.57%.

Chetana Education  (NSE:CHETANA) 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.

Chetana Education ROCE % Related Terms

Chetana Education ROCE % Historical Data

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The historical data trend for Chetana Education'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.

Chetana Education ROCE % Chart

Chetana Education Annual Data
Trend Mar22 Mar23 Mar24
ROCE %
22.52 48.65 63.57

Chetana Education Semi-Annual Data
Mar22 Mar23 Mar24
ROCE % 22.52 48.65 63.57
NSE:CHETANA
19GF Score
Chetana Education Ltd NSE:CHETANA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chetana Education ROCE % Calculation

Chetana Education'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 )
=204.831/( ( (831.508 - 530.281) + (947.509 - 604.278) )/ 2 )
=204.831/( (301.227+343.231)/ 2 )
=204.831/322.229
=63.57 %

Chetana Education'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 )
=204.831/( ( (831.508 - 530.281) + (947.509 - 604.278) )/ 2 )
=204.831/( ( 301.227 + 343.231 )/ 2 )
=204.831/322.229
=63.57 %

(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 63.57% mean?
Chetana Education (NSE:CHETANA) has a ROCE % of 63.57% as of Mar. 2024.
Is Chetana Education's ROCE % too high?
Chetana Education's current ROCE % is 63.57%. The Media - Diversified industry median ROCE % is 3.95. Chetana Education's value of 63.57% is 1511.4% above this industry median. Overall, Chetana Education has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Chetana Education's ROCE % compare to NYT?
Chetana Education's ROCE % of 63.57% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.95. Chetana Education's value of 63.57% is 1511.4% 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 Media - Diversified company?
The median ROCE % among Media - Diversified companies is 3.95, based on 978 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. Chetana Education's current ROCE % of 63.57% is 1511.4% 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 Media - Diversified industry, the median ROCE % is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chetana Education's current ROCE % is 63.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chetana Education stock overvalued right now?
Chetana Education (NSE:CHETANA) has a current ROCE % of 63.57%. The current ROCE % is 63.57% and 1511.4% above the Media - Diversified industry median of 3.95. Chetana Education's overall GF Score™ is 19/100. 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 Chetana Education (NSE:CHETANA), the current ROCE % is 63.57% 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.

Chetana Education Business Description

Address Delisle Road, 401, E-Wing, B & C Block, Trade Link, Kamala Mill, Mumbai, MH, IND, 400013
Chetana Education Ltd is a content-based company, engaged in educational book publishing for the CBSE/State Board curriculum catering to the K-12 segment. It provide access to educational software for learning videos (for teachers and Students) accessible through QR (Quick Response) codes. The company is focus on serving the Maharashtra State Board and Central Board of Secondary Education (CBSE), covering the spectrum of education books from early pre-primary learning to K12 course.
19GF Score

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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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