Popular Vehicles and Services (NSE:PVSL) ROCE % : 3.43% (As of Dec. 2024)

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What is Popular Vehicles and Services 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. Popular Vehicles and Services's annualized ROCE % for the quarter that ended in Dec. 2024 was 3.43%.

Popular Vehicles and Services ROCE % Historical Data

The historical data trend for Popular Vehicles and Services'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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Popular Vehicles and Services ROCE % Chart

Popular Vehicles and Services Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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14.31

16.88

15.72

19.37

19.41

Popular Vehicles and Services Quarterly Data
	Mar19	Mar20	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial							20.83	15.25	9.88	11.83	3.43

Popular Vehicles and Services ROCE % Calculation

Popular Vehicles and Services'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 )
	=	1925.72	/	( ( (15037.8 - 6636.13)	+	(19566.44 - 8128.76) )	/ 2 )
	=	1925.72	/	( (8401.67	+	11437.68)	/ 2 )
	=	1925.72	/	9919.675
	=	19.41 %

Popular Vehicles and Services's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	395.68	/	( ( (20670.75 - 9139.36)	+	(0 - 0) )	/ 1 )
	=	395.68	/	( ( 11531.39	+	0 )	/ 1 )
	=	395.68	/	11531.39
	=	3.43 %

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

Popular Vehicles and Services (NSE:PVSL) 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.

Popular Vehicles and Services ROCE % Related Terms

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Popular Vehicles and Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Popular Vehicles and Services Ltd (NSE:PVSL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

544144:India

Address

Kuttukaran Centre, Mamangalam, Cochin, Ernakulam, KL, IND, 682025

Website

https://www.popularmaruti.com

Popular Vehicles and Services Ltd is engaged in automobile dealerships in India. It caters to the complete life cycle of vehicle ownership, right from the sale of new vehicles, servicing and repairing vehicles, distributing spare parts and accessories, facilitating the sale and exchange of pre-owned vehicles, operating driving schools, and facilitating the sale of third-party financial and insurance products. The group has structured its business broadly into four verticals-Passenger cars (excluding luxury vehicles), Luxury vehicles, Commercial vehicles, and others. Others comprise spare parts retail sales - other than through the respective business segments and sale of electric vehicles - two-wheelers and three-wheelers. Key revenue is generated from the passenger cars segment.

Popular Vehicles and Services Headlines

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