D K Enterprises Global (NSE:DKEGL) ROCE %: 33.23% (As of Sep. 2024)

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NSE:DKEGL D K Enterprises Global Ltd NSE:DKEGL
42 GF Score
Price ₹65.90
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What is D K Enterprises Global ROCE %?

D K Enterprises Global NSE:DKEGL 42 ROCE % is 33.23% as of Sep. 2024. GuruFocus rates NSE:DKEGL with a GF Score™ of 42/100.

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. D K Enterprises Global's annualized ROCE % for the quarter that ended in Sep. 2024 was 33.23%.

D K Enterprises Global  (NSE:DKEGL) 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.

D K Enterprises Global ROCE % Related Terms

D K Enterprises Global ROCE % Historical Data

* Premium members only.

The historical data trend for D K Enterprises Global'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.

D K Enterprises Global ROCE % Chart

D K Enterprises Global Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
25.71 32.75 27.59 26.70 26.94

D K Enterprises Global Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only 30.95 22.30 27.47 25.98 33.23
NSE:DKEGL
42GF Score
D K Enterprises Global Ltd NSE:DKEGL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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D K Enterprises Global ROCE % Calculation

D K Enterprises Global'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 )
=75.916/( ( (484.592 - 208.338) + (526.707 - 239.329) )/ 2 )
=75.916/( (276.254+287.378)/ 2 )
=75.916/281.816
=26.94 %

D K Enterprises Global'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 )
=96.878/( ( (526.707 - 239.329) + (587.543 - 291.798) )/ 2 )
=96.878/( ( 287.378 + 295.745 )/ 2 )
=96.878/291.5615
=33.23 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 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 33.23% mean?
D K Enterprises Global (NSE:DKEGL) has a ROCE % of 33.23% as of Sep. 2024.
Is D K Enterprises Global's ROCE % too high?
D K Enterprises Global's current ROCE % is 33.23%. The Packaging & Containers industry median ROCE % is 7.15. D K Enterprises Global's value of 33.23% is 364.8% above this industry median. Overall, D K Enterprises Global has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does D K Enterprises Global's ROCE % compare to IP and SW?
D K Enterprises Global's ROCE % of 33.23% can be compared against companies in the Packaging & Containers industry. The industry median ROCE % is 7.15. D K Enterprises Global's value of 33.23% is 364.8% 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 Packaging & Containers company?
The median ROCE % among Packaging & Containers companies is 7.15, based on 393 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. D K Enterprises Global's current ROCE % of 33.23% is 364.8% 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 Packaging & Containers industry, the median ROCE % is 7.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. D K Enterprises Global's current ROCE % is 33.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D K Enterprises Global stock overvalued right now?
D K Enterprises Global (NSE:DKEGL) has a current ROCE % of 33.23%. The current ROCE % is 33.23% and 364.8% above the Packaging & Containers industry median of 7.15. D K Enterprises Global's overall GF Score™ is 42/100. 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 D K Enterprises Global (NSE:DKEGL), the current ROCE % is 33.23% as of Sep. 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.

D K Enterprises Global Business Description

Address Plot Number - 235, Industrial Area Phase-2, Panchkula, HR, IND, 134109
D K Enterprises Global Ltd manufactures paper-based packaging materials, self-adhesive tapes, and laminated products. The company operates in the business segment BOPP Tape & laminates, Corrugated sheets & boxes and Soap Stiffener & Wrapper. . The company generates revenue from the BOPP tape and Laminates segment.
42GF 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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