Future Enterprises (NSE:FEL) ROCE % : -5,206.91% (As of Mar. 2022)

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What is Future Enterprises 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. Future Enterprises's annualized ROCE % for the quarter that ended in Mar. 2022 was -5,206.91%.

Future Enterprises ROCE % Historical Data

The historical data trend for Future Enterprises'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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Future Enterprises ROCE % Chart

Future Enterprises Annual Data

Trend

Jun11

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

ROCE %

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6.59

7.06

2.72

-5.00

-65.53

Future Enterprises Quarterly Data
	Mar15	Mar16	Mar17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
ROCE %	Get a 7-Day Free Trial															-5.17	-6.43	-9.76	-7.10	-5,206.91

Future Enterprises ROCE % Calculation

Future Enterprises's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	-24106.3	/	( ( (118556.1 - 46599.6)	+	(84377.4 - 82761.9) )	/ 2 )
	=	-24106.3	/	( (71956.5	+	1615.5)	/ 2 )
	=	-24106.3	/	36786
	=	-65.53 %

Future Enterprises's ROCE % of for the quarter that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2022 )		(Q: Dec. 2021 )		(Q: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2022 )		(Q: Dec. 2021 )		(Q: Mar. 2022 )
	=	-84117.6	/	( ( (0 - 0)	+	(84377.4 - 82761.9) )	/ 1 )
	=	-84117.6	/	( ( 0	+	1615.5 )	/ 1 )
	=	-84117.6	/	1615.5
	=	-5,206.91 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2022) EBIT data.

Future Enterprises (NSE:FEL) 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.

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Future Enterprises (NSE:FEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Future Enterprises Ltd (NSE:FEL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Embassy 247, LBS Marg, 9th Floor, Tower C, Vikhroli (West), Mumbai, MH, IND, 400083

Website

https://www.felindia.in

Future Enterprises Ltd is a company that develops, owns, and leases the retail infrastructure. It also invests in insurance, textile manufacturing, supply chain, and logistics. The company's operating segment includes Manufacturing & Trading and Leasing & Other. It generates maximum revenue from the Manufacturing and Trading segment.

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