DCG Cables & Wires (NSE:DCG) ROCE % : 24.82% (As of Mar. 2023)

View and export this data going back to 2024. Start your Free Trial

What is DCG Cables & Wires 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. DCG Cables & Wires's annualized ROCE % for the quarter that ended in Mar. 2023 was 24.82%.

DCG Cables & Wires ROCE % Historical Data

The historical data trend for DCG Cables & Wires'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.

* Premium members only.

DCG Cables & Wires ROCE % Chart

DCG Cables & Wires Annual Data

Trend

Mar21

Mar22

Mar23

ROCE %

31.83

20.21

24.82

DCG Cables & Wires Semi-Annual Data
	Mar21	Mar22	Mar23
ROCE %	31.83	20.21	24.82

DCG Cables & Wires ROCE % Calculation

DCG Cables & Wires's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	31.799	/	( ( (129.447 - 59.24)	+	(356.412 - 170.353) )	/ 2 )
	=	31.799	/	( (70.207	+	186.059)	/ 2 )
	=	31.799	/	128.133
	=	24.82 %

DCG Cables & Wires's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2023 )		(Q: Mar. 2022 )		(Q: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2023 )		(Q: Mar. 2022 )		(Q: Mar. 2023 )
	=	31.799	/	( ( (129.447 - 59.24)	+	(356.412 - 170.353) )	/ 2 )
	=	31.799	/	( ( 70.207	+	186.059 )	/ 2 )
	=	31.799	/	128.133
	=	24.82 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2023) EBIT data.

DCG Cables & Wires (NSE:DCG) 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.

DCG Cables & Wires ROCE % Related Terms

Thank you for viewing the detailed overview of DCG Cables & Wires's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

DCG Cables & Wires Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » DCG Cables & Wires Ltd (NSE:DCG) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Agresen Estate, Unit 1, 622/15+16/12, Chhotalal Ni Chawli, Odhav, Ahmedabad, GJ, IND, 382415

Website

https://www.dcgcableswiresltd.com

DCG Cables & Wires Ltd is a manufacturer of copper cables and wires. It focus is on manufacturing of different types of copper cables which finds application in Transformers that consists of Copper Strips, Paper Covered Copper Strips and Wires (Kraft/Crepe/Nomex/Mica) Bare Copper Wires and Strips, Copper Tapes and Fiber Glass Copper. It also provide paper-covered copper conductors in both rectangular and round shapes, as well as multi-paper-covered copper conductors and connection cables designed specifically for transformers.

DCG Cables & Wires Headlines

No Headlines