Motor & General Finance (NSE:MOTOGENFIN) ROCE % : 5.41% (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Motor & General Finance 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. Motor & General Finance's annualized ROCE % for the quarter that ended in Mar. 2024 was 5.41%.

Motor & General Finance ROCE % Historical Data

The historical data trend for Motor & General Finance'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.

Motor & General Finance ROCE % Chart

Motor & General Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

-2.24

-1.06

-1.70

-1.91

1.39

Motor & General Finance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-6.61	0.36	-0.69	0.44	5.41

Motor & General Finance ROCE % Calculation

Motor & General Finance'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 )
	=	15.776	/	( ( (1738.552 - 609.272)	+	(1744.121 - 600.136) )	/ 2 )
	=	15.776	/	( (1129.28	+	1143.985)	/ 2 )
	=	15.776	/	1136.6325
	=	1.39 %

Motor & General Finance'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: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	61.916	/	( ( (0 - 0)	+	(1744.121 - 600.136) )	/ 1 )
	=	61.916	/	( ( 0	+	1143.985 )	/ 1 )
	=	61.916	/	1143.985
	=	5.41 %

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

Motor & General Finance (NSE:MOTOGENFIN) 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.

Motor & General Finance ROCE % Related Terms

Thank you for viewing the detailed overview of Motor & General Finance's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Motor & General Finance (NSE:MOTOGENFIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Motor & General Finance Ltd (NSE:MOTOGENFIN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

501343:India

Address

4/17 B, Asaf Ali Road, MGF House, New Delhi, IND, 110 002

Website

https://www.mgfltd.com

Motor & General Finance Ltd is engaged in the business of leasing and development of real estate. Geographically, it operates only in India. It operates in a single segment namely Rental/leasing of Immovable Property and has only one reportable segment.

Motor & General Finance (NSE:MOTOGENFIN) Headlines

No Headlines