Sintercom India (NSE:SINTERCOM) ROCE % : 6.06% (As of Dec. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Sintercom 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. Sintercom India's annualized ROCE % for the quarter that ended in Dec. 2024 was 6.06%.

Sintercom India ROCE % Historical Data

The historical data trend for Sintercom 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.

* Premium members only.

Sintercom India ROCE % Chart

Sintercom India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

-0.77

-2.37

-1.67

3.07

4.45

Sintercom India 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															5.89	2.66	4.96	4.70	6.06

Sintercom India ROCE % Calculation

Sintercom 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 )
	=	51.877	/	( ( (1721.065 - 562.762)	+	(1802.469 - 630.792) )	/ 2 )
	=	51.877	/	( (1158.303	+	1171.677)	/ 2 )
	=	51.877	/	1164.99
	=	4.45 %

Sintercom India'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 )
	=	72.488	/	( ( (1859.475 - 662.637)	+	(0 - 0) )	/ 1 )
	=	72.488	/	( ( 1196.838	+	0 )	/ 1 )
	=	72.488	/	1196.838
	=	6.06 %

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

Sintercom India (NSE:SINTERCOM) 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.

Sintercom India ROCE % Related Terms

Thank you for viewing the detailed overview of Sintercom India's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Sintercom India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sintercom India Ltd (NSE:SINTERCOM) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Gat No. 127, At Post Mangrul, Taluka Maval, Talegaon Dabhade, Pune, MH, IND, 410507

Website

https://www.sintercom.co.in

Sintercom India Ltd is a manufacturer of automotive sintered components. The company specializes in manufacturing medium to high-density components for automotive engines, powertrains, and exhaust systems as well as sensor components. The product portfolio of the company comprises Drivetrain gears, Engine sprockets, Pulleys, Crankshaft bearing journals, Transmission gears, and Synchro hubs, as well as Abs rings and Sensor Hego bosses and Flanges. The company mainly caters to domestic OEM buyers in the automotive segment.

Sintercom India Headlines

No Headlines