Fidel Softech (NSE:FIDEL) ROCE % : 22.38% (As of Dec. 2024)

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What is Fidel Softech 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. Fidel Softech's annualized ROCE % for the quarter that ended in Dec. 2024 was 22.38%.

Fidel Softech ROCE % Historical Data

The historical data trend for Fidel Softech'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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Fidel Softech ROCE % Chart

Fidel Softech Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

58.54

49.77

47.44

28.68

21.90

Fidel Softech Quarterly Data
	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial												19.79	19.68	28.61	30.03	22.38

Fidel Softech ROCE % Calculation

Fidel Softech'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 )
	=	80.213	/	( ( (374.847 - 34.449)	+	(440.22 - 48.206) )	/ 2 )
	=	80.213	/	( (340.398	+	392.014)	/ 2 )
	=	80.213	/	366.206
	=	21.90 %

Fidel Softech's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	95.116	/	( ( (486.382 - 61.472)	+	(0 - 0) )	/ 1 )
	=	95.116	/	( ( 424.91	+	0 )	/ 1 )
	=	95.116	/	424.91
	=	22.38 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Fidel Softech (NSE:FIDEL) 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.

Fidel Softech ROCE % Related Terms

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Fidel Softech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fidel Softech Ltd (NSE:FIDEL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Marigold Software IT Park, Unit No. 202, 2nd Floor, Marisoft 3, West Wing, Vadgaon Sheri, Pune, MH, IND, 411014

Website

https://www.fidelsoftech.com

Fidel Softech Ltd predominantly works with clients across diverse domains in the areas of Technology Implementation, Localization Services & Consulting or Staffing services. The company is operating only in one segment, namely Language Technology Services and Consultancy Services. Its service offerings include Technology Implementation Services including Software development, Testing, Enterprise solution Implementation & Support (ServiceNow, AWS, Automation Anywhere), Localization services including translation, software localization, video subtitling, consulting and staffing services for developers, testers, automation engineers, and enterprise support engineers among others. Geographically, the company generates a majority of its revenue from its customers located outside India.

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