Homesfy Realty (NSE:HOMESFY) ROCE % : 10.24% (As of Mar. 2024)

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What is Homesfy Realty 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. Homesfy Realty's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.24%.

Homesfy Realty ROCE % Historical Data

The historical data trend for Homesfy Realty'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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Homesfy Realty ROCE % Chart

Homesfy Realty Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

29.26

47.62

58.29

18.50

10.24

Homesfy Realty Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
ROCE %	29.26	47.62	58.29	18.50	10.24

Homesfy Realty ROCE % Calculation

Homesfy Realty'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 )
	=	39.561	/	( ( (492.24 - 120.138)	+	(487.715 - 87.272) )	/ 2 )
	=	39.561	/	( (372.102	+	400.443)	/ 2 )
	=	39.561	/	386.2725
	=	10.24 %

Homesfy Realty'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 )
	=	39.561	/	( ( (492.24 - 120.138)	+	(487.715 - 87.272) )	/ 2 )
	=	39.561	/	( ( 372.102	+	400.443 )	/ 2 )
	=	39.561	/	386.2725
	=	10.24 %

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

Homesfy Realty (NSE:HOMESFY) 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.

Homesfy Realty ROCE % Related Terms

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Homesfy Realty (NSE:HOMESFY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Homesfy Realty Ltd (NSE:HOMESFY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1602, 16th Floor, Dev Corpora, Near Cadbury Junction, Thane, MH, IND, 400601

Website

https://www.homesfy.in

Homesfy Realty Ltd is engaged in providing real estate broking services to Real Estate Developers, retail buyers/sellers, and investors for residential and commercial space. It deals in newly constructed properties, whereby it assists Real Estate Developers in selling and potential customers in purchasing the properties. The company operates its business through direct selling from its in-house sales team and Direct Selling Agent listed on mymagnet platform for referral services.

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