Marvel Decor (NSE:MDL) ROCE % : 11.15% (As of Sep. 2024)

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What is Marvel Decor 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. Marvel Decor's annualized ROCE % for the quarter that ended in Sep. 2024 was 11.15%.

Marvel Decor ROCE % Historical Data

The historical data trend for Marvel Decor'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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Marvel Decor ROCE % Chart

Marvel Decor Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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5.92

2.87

6.03

7.82

9.73

Marvel Decor Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															7.07	8.44	9.98	9.36	11.15

Marvel Decor ROCE % Calculation

Marvel Decor'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 )
	=	49.838	/	( ( (714.208 - 215.285)	+	(763.659 - 237.795) )	/ 2 )
	=	49.838	/	( (498.923	+	525.864)	/ 2 )
	=	49.838	/	512.3935
	=	9.73 %

Marvel Decor's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	63.984	/	( ( (763.659 - 237.795)	+	(828.845 - 207.081) )	/ 2 )
	=	63.984	/	( ( 525.864	+	621.764 )	/ 2 )
	=	63.984	/	573.814
	=	11.15 %

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

Marvel Decor (NSE:MDL) 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.

Marvel Decor ROCE % Related Terms

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Marvel Decor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Marvel Decor Ltd (NSE:MDL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Remi Commercio, No. 1601, Opp. Yash Raj Film Studio, Industrial Area, Andheri West, Mumbai, MH, IND, 400102

Website

https://www.marvellifestyle.com

Marvel Decor Ltd is an Indian-based company that engages in the manufacture of window blinds. The company is engaged in the manufacturing and sale of window covering products like blinds, curtain rods, and tracks. It specializes in Roller blinds, Roman blinds, Luzon blinds, Grayson blinds, Eton blinds, Patricia blinds, Aric blinds, Colby blinds, Meliso blinds, Vertical blinds, Bamboo blinds, Wooden Venetian blinds, among others.

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