SA Tech Software India (NSE:SATECH) ROCE % : 32.66% (As of Mar. 2024)

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What is SA Tech Software India 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. SA Tech Software India's annualized ROCE % for the quarter that ended in Mar. 2024 was 32.66%.

SA Tech Software India ROCE % Historical Data

The historical data trend for SA Tech Software India'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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SA Tech Software India ROCE % Chart

SA Tech Software India Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

12.35

-24.46

26.19

42.82

SA Tech Software India Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24
ROCE %	-	-	-	50.85	32.66

SA Tech Software India ROCE % Calculation

SA Tech Software India'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 )
	=	79.215	/	( ( (346.595 - 189.839)	+	(370.606 - 157.331) )	/ 2 )
	=	79.215	/	( (156.756	+	213.275)	/ 2 )
	=	79.215	/	185.0155
	=	42.82 %

SA Tech Software India'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: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	67.576	/	( ( (384.761 - 184.178)	+	(370.606 - 157.331) )	/ 2 )
	=	67.576	/	( ( 200.583	+	213.275 )	/ 2 )
	=	67.576	/	206.929
	=	32.66 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

SA Tech Software India (NSE:SATECH) 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.

SA Tech Software India ROCE % Related Terms

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SA Tech Software India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SA Tech Software India Ltd (NSE:SATECH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Solitaire Business Hub, Office No. D-6030, 6th Floor, Viman Nagar, Pune, MH, IND, 411014

Website

https://www.satincorp.com

SA Tech Software India Ltd is an IT consulting company. It is an AI-driven IT consulting company, offering scalable IT outsourcing solutions and Global Development Centers (GDCs).

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