Salzer Electronics (NSE:SALZERELEC) ROCE % : 22.15% (As of Dec. 2024)

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What is Salzer Electronics 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. Salzer Electronics's annualized ROCE % for the quarter that ended in Dec. 2024 was 22.15%.

Salzer Electronics ROCE % Historical Data

The historical data trend for Salzer Electronics'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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Salzer Electronics ROCE % Chart

Salzer Electronics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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14.86

11.25

11.86

16.84

18.27

Salzer Electronics Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															22.66	13.62	22.27	31.56	22.15

Salzer Electronics ROCE % Calculation

Salzer Electronics'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 )
	=	887.067	/	( ( (8952.745 - 4472.246)	+	(9931.954 - 4702.991) )	/ 2 )
	=	887.067	/	( (4480.499	+	5228.963)	/ 2 )
	=	887.067	/	4854.731
	=	18.27 %

Salzer Electronics'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 )
	=	1271.136	/	( ( (11092.999 - 5355.169)	+	(0 - 0) )	/ 1 )
	=	1271.136	/	( ( 5737.83	+	0 )	/ 1 )
	=	1271.136	/	5737.83
	=	22.15 %

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

Salzer Electronics (NSE:SALZERELEC) 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.

Salzer Electronics ROCE % Related Terms

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Salzer Electronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Salzer Electronics Ltd (NSE:SALZERELEC) » Definitions » ROCE %

Traded in Other Exchanges

517059:India

Address

Samichettipalayam, Jothipuram, Coimbatore, TN, IND, 641047

Website

https://www.salzergroup.net

Salzer Electronics Ltd is engaged in manufacturing a wide range of electrical installation products including devices for energy efficiency. The company's product includes Cable ducts, Energy saving Fan regulator, Electric vehicle charging stations, Brushless DC motors, Air conditioner Energy Saver, Disconnector switch, Ceiling Mount movement sensors, Touch cum remote switch, GE Earth Terminals, Bimetallic Overload Relays, Different Types of Sensors The company is engaged in the manufacture of Electrical insulation products which is considered to be the only reportable business segment. The company generates revenue from Domestic sales, Exports, and Scrap.

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