Naman In-Store (India) (NSE:NAMAN) ROCE % : 105.04% (As of Sep. 2023)

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What is Naman In-Store (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. Naman In-Store (India)'s annualized ROCE % for the quarter that ended in Sep. 2023 was 105.04%.

Naman In-Store (India) ROCE % Historical Data

The historical data trend for Naman In-Store (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.

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Naman In-Store (India) ROCE % Chart

Naman In-Store (India) Annual Data

Trend

Mar21

Mar22

Mar23

ROCE %

5.80

16.74

66.56

Naman In-Store (India) Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23
ROCE %	-	-	-	105.04

Naman In-Store (India) ROCE % Calculation

Naman In-Store (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 )
	=	83.539	/	( ( (318.001 - 221.358)	+	(579.303 - 424.94) )	/ 2 )
	=	83.539	/	( (96.643	+	154.363)	/ 2 )
	=	83.539	/	125.503
	=	66.56 %

Naman In-Store (India)'s ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	208.73	/	( ( (579.303 - 424.94)	+	(781.834 - 538.778) )	/ 2 )
	=	208.73	/	( ( 154.363	+	243.056 )	/ 2 )
	=	208.73	/	198.7095
	=	105.04 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Naman In-Store (India) (NSE:NAMAN) 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.

Naman In-Store (India) ROCE % Related Terms

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Naman In-Store (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Naman In-Store (India) Ltd (NSE:NAMAN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

National Highway No. 48, Unit No. 04/47, Kantharia Industrial Estate, Survey No.: 90/3/2/B, Opposite Sopara Phata Police Station, At & Post-Pelhar, Taluka- Vasai, District-Palghar, Palghar, MH, IND, 401208

Website

https://www.namaninstore.com

Naman In-Store (India) Ltd is a display and retail furniture and fixture company with a broad spectrum of offerings and in-store solutions for various industries and retail stores. It manufacture modular furniture for offices, beauty stores, low-housing kitchens, educational institution as well as supermarket shelving solutions. It is engaged in single segment that is in the manufacturing of customized Retail Store fixtures and furniture in Wood, Metal, Plastic, Display fixtures & Furniture's, Indoor fixtures, Full Shops, CTU, CDU, POSM merchandising and others.

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