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PTC Industries (NSE:PTCIL) ROCE % : 7.14% (As of Sep. 2024)


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What is PTC Industries 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. PTC Industries's annualized ROCE % for the quarter that ended in Sep. 2024 was 7.14%.


PTC Industries ROCE % Historical Data

The historical data trend for PTC Industries'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.

PTC Industries ROCE % Chart

PTC Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.26 9.63 10.94 13.29 11.43

PTC Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.69 12.10 10.61 5.07 7.14

PTC Industries ROCE % Calculation

PTC Industries'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 )
=675.741/( ( (5529.125 - 1229.499) + (8956.857 - 1428.929) )/ 2 )
=675.741/( (4299.626+7527.928)/ 2 )
=675.741/5913.777
=11.43 %

PTC Industries'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: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=1018.064/( ( (0 - 0) + (15281.248 - 1027.388) )/ 1 )
=1018.064/( ( 0 + 14253.86 )/ 1 )
=1018.064/14253.86
=7.14 %

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


PTC Industries  (NSE:PTCIL) 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.


PTC Industries ROCE % Related Terms

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PTC Industries Business Description

Traded in Other Exchanges
Address
National Highway -25 A, Kanpur Road, Advanced Manufacturing & Technology Centre, Sarai Shahjadi, Lucknow, UP, IND, 227101
PTC Industries Ltd is an India-based company engaged in supplying castings solutions, machined components, and fabricated parts. It is in the business of manufacturing and selling high-precision metal castings. The company offers materials that include alloy steel, stainless steel, duplex and super duplex stainless steel, creep resistant steel, heat resistant steel, nickel alloys, cobalt alloys, austenitic ductile iron, nickel aluminum bronze, titanium, superalloy, and zirconium, among others. It has only one reportable segment which is Engineering and allied activities. Geographically, the company caters to both domestic and international markets, and a majority of its revenue is derived from its customers located outside India.

PTC Industries Headlines

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