Spectrum Talent Management (NSE:SPECTSTM) ROCE % : 5.78% (As of Sep. 2023)

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What is Spectrum Talent Management 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. Spectrum Talent Management's annualized ROCE % for the quarter that ended in Sep. 2023 was 5.78%.

Spectrum Talent Management ROCE % Historical Data

The historical data trend for Spectrum Talent Management'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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Spectrum Talent Management ROCE % Chart

Spectrum Talent Management Annual Data

Trend

Mar20

Mar21

Mar22

ROCE %

53.20

25.46

62.12

Spectrum Talent Management Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Sep23
ROCE %	-	-	-	73.08	5.78

Spectrum Talent Management ROCE % Calculation

Spectrum Talent Management's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	155.176	/	( ( (463.02 - 256.836)	+	(647.929 - 354.529) )	/ 2 )
	=	155.176	/	( (206.184	+	293.4)	/ 2 )
	=	155.176	/	249.792
	=	62.12 %

Spectrum Talent Management's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Sep. 2022 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Sep. 2022 )		(Q: Sep. 2023 )
	=	81.34	/	( ( (0 - 0)	+	(1885.39 - 479.2) )	/ 1 )
	=	81.34	/	( ( 0	+	1406.19 )	/ 1 )
	=	81.34	/	1406.19
	=	5.78 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Spectrum Talent Management (NSE:SPECTSTM) 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.

Spectrum Talent Management ROCE % Related Terms

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Spectrum Talent Management (NSE:SPECTSTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Spectrum Talent Management Ltd (NSE:SPECTSTM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sector - 63 Road, Block C, Plot no. C-142, Gautam Buddha Nagar, Noida, UP, IND, 201301

Website

https://www.stmpl.co.in

Spectrum Talent Management Ltd is a renowned human resource and staffing service provider. The company offers a wide array of services such as Recruitment, Payroll, Onboarding and flexible staffing. It satisfies the firm's staffing, and recruitment needs globally through this specialized rich knowledge. The company's business segment includes Manpower supply, Recruitment and related services, and Electronic goods. The company generates the majority of its revenue from the Manpower supply, Recruitment and related services segment.

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