Lead Reclaim and Rubber Products (NSE:LRRPL) ROCE %: 11.99% (As of Mar. 2024)


NSE:LRRPL Lead Reclaim and Rubber Products Ltd NSE:LRRPL
14 GF Score
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What is Lead Reclaim and Rubber Products ROCE %?

Lead Reclaim and Rubber Products NSE:LRRPL 14 ROCE % is 11.99% as of Mar. 2024. GuruFocus rates NSE:LRRPL with a GF Score™ of 14/100.

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. Lead Reclaim and Rubber Products's annualized ROCE % for the quarter that ended in Mar. 2024 was 11.99%.

Lead Reclaim and Rubber Products  (NSE:LRRPL) 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.

Lead Reclaim and Rubber Products ROCE % Related Terms

Lead Reclaim and Rubber Products ROCE % Historical Data

* Premium members only.

The historical data trend for Lead Reclaim and Rubber Products'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.

Lead Reclaim and Rubber Products ROCE % Chart

Lead Reclaim and Rubber Products Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
18.97 21.32 25.54 13.41 9.93

Lead Reclaim and Rubber Products Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
ROCE % Get a 7-Day Free Trial 0.00 27.26 8.14 7.55 11.99
NSE:LRRPL
14GF Score
Lead Reclaim and Rubber Products Ltd NSE:LRRPL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Lead Reclaim and Rubber Products ROCE % Calculation

Lead Reclaim and Rubber Products'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 )
=11.5/( ( (152.8 - 43.2) + (189 - 66.9) )/ 2 )
=11.5/( (109.6+122.1)/ 2 )
=11.5/115.85
=9.93 %

Lead Reclaim and Rubber Products'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: Sep. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=14.4/( ( (169 - 50.8) + (189 - 66.9) )/ 2 )
=14.4/( ( 118.2 + 122.1 )/ 2 )
=14.4/120.15
=11.99 %

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

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 11.99% mean?
Lead Reclaim and Rubber Products (NSE:LRRPL) has a ROCE % of 11.99% as of Mar. 2024.
Is Lead Reclaim and Rubber Products' ROCE % too high?
Lead Reclaim and Rubber Products' current ROCE % is 11.99%. The Chemicals industry median ROCE % is 6.42. Lead Reclaim and Rubber Products' value of 11.99% is 86.8% above this industry median. Overall, Lead Reclaim and Rubber Products has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Lead Reclaim and Rubber Products' ROCE % compare to LIN and SHW?
Lead Reclaim and Rubber Products' ROCE % of 11.99% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.42. Lead Reclaim and Rubber Products' value of 11.99% is 86.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Chemicals company?
The median ROCE % among Chemicals companies is 6.42, based on 1,595 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lead Reclaim and Rubber Products's current ROCE % of 11.99% is 86.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median ROCE % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lead Reclaim and Rubber Products's current ROCE % is 11.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lead Reclaim and Rubber Products stock overvalued right now?
Lead Reclaim and Rubber Products (NSE:LRRPL) has a current ROCE % of 11.99%. The current ROCE % is 11.99% and 86.8% above the Chemicals industry median of 6.42. Lead Reclaim and Rubber Products' overall GF Score™ is 14/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Lead Reclaim and Rubber Products (NSE:LRRPL), the current ROCE % is 11.99% as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lead Reclaim and Rubber Products Business Description

Address 856/4 Village Pethai Sarali Road, Kheda, GJ, IND, 387630
Lead Reclaim and Rubber Products Ltd manufactures premium-quality reclaimed rubber, crumb rubber, and rubber granules. Some of its products include Whole Tyre Reclaim Rubbers, Butyl Tube Reclaim Rubber, and Natural Tube Reclaim Rubber.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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