Peria Karamalai Tea & Produce Co (NSE:PKTEA) ROCE % : 10.21% (As of Mar. 2024)

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What is Peria Karamalai Tea & Produce Co 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. Peria Karamalai Tea & Produce Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.21%.

Peria Karamalai Tea & Produce Co ROCE % Historical Data

The historical data trend for Peria Karamalai Tea & Produce Co'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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Peria Karamalai Tea & Produce Co ROCE % Chart

Peria Karamalai Tea & Produce Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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0.40

13.59

2.28

-0.60

4.37

Peria Karamalai Tea & Produce Co 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															-1.21	5.89	-1.66	2.95	10.21

Peria Karamalai Tea & Produce Co ROCE % Calculation

Peria Karamalai Tea & Produce Co'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 )
	=	86.647	/	( ( (2158.5 - 209.809)	+	(2278.52 - 257.399) )	/ 2 )
	=	86.647	/	( (1948.691	+	2021.121)	/ 2 )
	=	86.647	/	1984.906
	=	4.37 %

Peria Karamalai Tea & Produce Co'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 )
	=	206.408	/	( ( (0 - 0)	+	(2278.52 - 257.399) )	/ 1 )
	=	206.408	/	( ( 0	+	2021.121 )	/ 1 )
	=	206.408	/	2021.121
	=	10.21 %

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

Peria Karamalai Tea & Produce Co (NSE:PKTEA) 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.

Peria Karamalai Tea & Produce Co ROCE % Related Terms

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Peria Karamalai Tea & Produce Co (NSE:PKTEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Peria Karamalai Tea & Produce Co Ltd (NSE:PKTEA) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

286, Race Course Road, Panchratn, Coimbatore, TN, IND, 641018

Website

https://www.periatea.com

Peria Karamalai Tea & Produce Co Ltd is engaged in the production and distribution of Tea, the generation and distribution of power, and investment in financial instruments. It has classified its businesses into Tea, Investment, and Power. The majority of the revenue is derived from the Tea Segment.

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