Dynamic Services & Security (NSE:DYNAMIC) ROCE % : 23.48% (As of Mar. 2023)

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What is Dynamic Services & Security 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. Dynamic Services & Security's annualized ROCE % for the quarter that ended in Mar. 2023 was 23.48%.

Dynamic Services & Security ROCE % Historical Data

The historical data trend for Dynamic Services & Security'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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Dynamic Services & Security ROCE % Chart

Dynamic Services & Security Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

0.05

0.08

15.76

12.92

23.48

Dynamic Services & Security Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Mar23
ROCE %	0.05	0.08	15.76	12.92	23.48

Dynamic Services & Security ROCE % Calculation

Dynamic Services & Security'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 )
	=	148.487	/	( ( (969.25 - 439.34)	+	(1023.788 - 289.136) )	/ 2 )
	=	148.487	/	( (529.91	+	734.652)	/ 2 )
	=	148.487	/	632.281
	=	23.48 %

Dynamic Services & Security'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 )
	=	148.487	/	( ( (969.25 - 439.34)	+	(1023.788 - 289.136) )	/ 2 )
	=	148.487	/	( ( 529.91	+	734.652 )	/ 2 )
	=	148.487	/	632.281
	=	23.48 %

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

Dynamic Services & Security (NSE:DYNAMIC) 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.

Dynamic Services & Security ROCE % Related Terms

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Dynamic Services & Security (NSE:DYNAMIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Dynamic Services & Security Ltd (NSE:DYNAMIC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

375, Dakshindari Road, Kolkata, WB, IND, 700048

Website

http://www.dynamicservicesandsecurity.com

Dynamic Services & Security Ltd offers manpower solution services in the field of mechanized cleaning, catering, housekeeping, security, logistics, contractual services, and other services.

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