HOAC Foods India (NSE:HOACFOODS) ROCE % : 57.49% (As of Mar. 2023)

View and export this data going back to 2024. Start your Free Trial

What is HOAC Foods India 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. HOAC Foods India's annualized ROCE % for the quarter that ended in Mar. 2023 was 57.49%.

HOAC Foods India ROCE % Historical Data

The historical data trend for HOAC Foods India'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.

* Premium members only.

HOAC Foods India ROCE % Chart

HOAC Foods India Annual Data

Trend

Mar21

Mar22

Mar23

ROCE %

36.60

44.61

57.49

HOAC Foods India Semi-Annual Data
	Mar21	Mar22	Mar23
ROCE %	36.60	44.61	57.49

HOAC Foods India ROCE % Calculation

HOAC Foods India'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 )
	=	10.459	/	( ( (35.971 - 20.614)	+	(49.172 - 28.142) )	/ 2 )
	=	10.459	/	( (15.357	+	21.03)	/ 2 )
	=	10.459	/	18.1935
	=	57.49 %

HOAC Foods India'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 )
	=	10.459	/	( ( (35.971 - 20.614)	+	(49.172 - 28.142) )	/ 2 )
	=	10.459	/	( ( 15.357	+	21.03 )	/ 2 )
	=	10.459	/	18.1935
	=	57.49 %

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

HOAC Foods India (NSE:HOACFOODS) 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.

HOAC Foods India ROCE % Related Terms

Thank you for viewing the detailed overview of HOAC Foods India's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

HOAC Foods India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » HOAC Foods India Ltd (NSE:HOACFOODS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

D-498, 1st Floor Palam Extension, Sector-7 Dwarka, Raj Nagar - II, South West Delhi, New Delhi, IND, 110077

Website

https://www.hoacfoodsindia.com

HOAC Foods India Ltd is engaged in the manufacturing of flour (chakki atta), herbs & spices, unpolished pulses, grains, and yellow mustard oil. Its product portfolio is comprised of 4 categories which include products such as Spices & Herbs, Oil, Wheat Flour (Chakki Atta) & Healthy Flour, Pulses, Rice & Grain, and other food products with 153 product SKUs. The company sells its product under the brand name "HARIOM," and most of the sales are derived from the Delhi-NCR region. The franchise network comprises 4 company-owned outlets and 6 franchise-owned outlets.

HOAC Foods India Headlines

No Headlines