Shri Ram Switchgears (NSE:SRIRAM) ROCE %: 0.00% (As of Mar. 2023)


NSE:SRIRAM Shri Ram Switchgears Ltd NSE:SRIRAM
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What is Shri Ram Switchgears ROCE %?

Shri Ram Switchgears NSE:SRIRAM 4 ROCE % is 0.00% as of Mar. 2023. GuruFocus rates NSE:SRIRAM with a GF Score™ of 4/100.

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. Shri Ram Switchgears's annualized ROCE % for the quarter that ended in Mar. 2023 was 0.00%.

Shri Ram Switchgears  (NSE:SRIRAM) 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.

Shri Ram Switchgears ROCE % Related Terms

Shri Ram Switchgears ROCE % Historical Data

* Premium members only.

The historical data trend for Shri Ram Switchgears'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.

Shri Ram Switchgears ROCE % Chart

Shri Ram Switchgears Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.40 6.39 -24.90 -46.91 -6.69

Shri Ram Switchgears Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.13 -43.23 -12.43 -84.47 0.00
NSE:SRIRAM
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Shri Ram Switchgears Ltd NSE:SRIRAM
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Shri Ram Switchgears ROCE % Calculation

Shri Ram Switchgears's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=-15.264/( ( (500.733 - 306.434) + (536.061 - 274.141) )/ 2 )
=-15.264/( (194.299+261.92)/ 2 )
=-15.264/228.1095
=-6.69 %

Shri Ram Switchgears's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Mar. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Mar. 2022 )(Q: Mar. 2023 )
=0/( ( (500.733 - 306.434) + (536.061 - 274.141) )/ 2 )
=0/( ( 194.299 + 261.92 )/ 2 )
=0/228.1095
=0.00 %

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

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.00% mean?
Shri Ram Switchgears (NSE:SRIRAM) has a ROCE % of 0.00% as of Mar. 2023.
Is Shri Ram Switchgears' ROCE % too high?
Shri Ram Switchgears' current ROCE % is 0.00%. Overall, Shri Ram Switchgears has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Shri Ram Switchgears' ROCE % compare to competitors?
Shri Ram Switchgears' ROCE % of 0.00% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.00, based on 3,029 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Ram Switchgears's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Ram Switchgears stock overvalued right now?
Shri Ram Switchgears (NSE:SRIRAM) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Shri Ram Switchgears' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Shri Ram Switchgears (NSE:SRIRAM), the current ROCE % is 0.00% as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Shri Ram Switchgears Business Description

Address Goushala Road, Shri Ram Bhawan, Ratlam, MP, IND, 457001
Shri Ram Switchgears Ltd is an India-based company that engages in the manufacture and supply of switchgear, distributor boxes, metering boxes, feeder pillars Panels, Low Tension/ High Tension Line materials required in power distribution system utilities. The company also provides control and relay panels, air circuit breaker boxes, single phase boxes, main circuit breaker and molded case circuit breaker panels, A.C./D.C. boards, and other related products.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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