GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Perfect Infraengineers Ltd (NSE:PERFECT) » Definitions » ROCE %

Perfect Infraengineers (NSE:PERFECT) ROCE % : 2.00% (As of Sep. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Perfect Infraengineers 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. Perfect Infraengineers's annualized ROCE % for the quarter that ended in Sep. 2023 was 2.00%.


Perfect Infraengineers ROCE % Historical Data

The historical data trend for Perfect Infraengineers'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.

Perfect Infraengineers ROCE % Chart

Perfect Infraengineers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
Get a 7-Day Free Trial Premium Member Only 8.86 6.32 2.09 -6.11 0.47

Perfect Infraengineers Semi-Annual Data
Mar15 Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.61 -7.63 -4.15 4.99 2.00

Perfect Infraengineers ROCE % Calculation

Perfect Infraengineers'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 )
=1.269/( ( (335.473 - 74.864) + (347.009 - 70.75) )/ 2 )
=1.269/( (260.609+276.259)/ 2 )
=1.269/268.434
=0.47 %

Perfect Infraengineers'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 )
=5.884/( ( (347.009 - 70.75) + (374.266 - 61.648) )/ 2 )
=5.884/( ( 276.259 + 312.618 )/ 2 )
=5.884/294.4385
=2.00 %

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


Perfect Infraengineers  (NSE:PERFECT) 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.


Perfect Infraengineers ROCE % Related Terms

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


Perfect Infraengineers (NSE:PERFECT) Business Description

Traded in Other Exchanges
N/A
Address
Thane Belapur Road, R-637, TTC Industrial Area, MIDC, Rabale, Navi Mumbai, MH, IND, 400701
Perfect Infraengineers Ltd is into manufacturing and trading of Hybrid Thermal Solar Panel and MEP contracting. It is engaged in two categories including Solar Thermal Panels and Hybrid Thermal System. The company has a business of execution of HVAC and manufacturing and trading of Hybrid Solar Thermal Panels and allied activities in India. The company generates key revenue from the sale of goods.

Perfect Infraengineers (NSE:PERFECT) Headlines

No Headlines