Dynamic Services & Security (NSE:DYNAMIC) ROCE % : 17.55% (As of Mar. 2024)

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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. 2024 was 17.55%.

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

Mar24

ROCE %

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0.08

15.76

12.92

24.50

17.55

Dynamic Services & Security Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
ROCE %	Get a 7-Day Free Trial			0.08	15.76	12.92	24.50	17.55

Dynamic Services & Security ROCE % Calculation

Dynamic Services & Security'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 )
	=	162.933	/	( ( (1044.055 - 289.136)	+	(1568.618 - 467.117) )	/ 2 )
	=	162.933	/	( (754.919	+	1101.501)	/ 2 )
	=	162.933	/	928.21
	=	17.55 %

Dynamic Services & Security'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 )
	=	162.933	/	( ( (1044.055 - 289.136)	+	(1568.618 - 467.117) )	/ 2 )
	=	162.933	/	( ( 754.919	+	1101.501 )	/ 2 )
	=	162.933	/	928.21
	=	17.55 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2024) 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 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

https://dssl.ind.in

Dynamic Services & Security Ltd offers manpower solution services in the fields of mechanized cleaning, catering, housekeeping, security, logistics, contractual services, and other services. It operates into different segments which are Transportation, Manpower & Merchandise Cleaning Charges, and sales & Supply of goods. It generates the majority of its revenue from the Manpower & Merchandise Cleaning Charges segment.

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