Syrma SGS Technology (NSE:SYRMA) ROCE % : 16.71% (As of Dec. 2024)

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What is Syrma SGS Technology 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. Syrma SGS Technology's annualized ROCE % for the quarter that ended in Dec. 2024 was 16.71%.

Syrma SGS Technology ROCE % Historical Data

The historical data trend for Syrma SGS Technology'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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Syrma SGS Technology ROCE % Chart

Syrma SGS Technology Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

24.22

16.72

14.02

17.23

11.57

Syrma SGS Technology Quarterly Data
	Mar20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial										8.39	15.31	9.22	13.60	16.71

Syrma SGS Technology ROCE % Calculation

Syrma SGS Technology'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 )
	=	2039.35	/	( ( (25425.55 - 8613.52)	+	(36894.26 - 18448.53) )	/ 2 )
	=	2039.35	/	( (16812.03	+	18445.73)	/ 2 )
	=	2039.35	/	17628.88
	=	11.57 %

Syrma SGS Technology'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 )
	=	3158.68	/	( ( (39670.75 - 20763.15)	+	(0 - 0) )	/ 1 )
	=	3158.68	/	( ( 18907.6	+	0 )	/ 1 )
	=	3158.68	/	18907.6
	=	16.71 %

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

Syrma SGS Technology (NSE:SYRMA) 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.

Syrma SGS Technology ROCE % Related Terms

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Syrma SGS Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Syrma SGS Technology Ltd (NSE:SYRMA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

543573:India

Address

MEPZ-SEZ, Plot B27, Phase II, Zone B, Tambaram, Chennai, TN, IND, 600045

Website

https://www.syrmasgs.com

Syrma SGS Technology Ltd provides Electronic Manufacturing Services. The company is engaged in the business of manufacturing various electronic sub-assemblies, assemblies and box builds, disk drives, memory modules, power supplies adapters, fiber optic assemblies, magnetic induction coils and RFID products, and other electronic products. It serves national and international B2B customers in the industrial, consumer electronics, healthcare, automotive, computer, medical, and railways business segments. The company derives key revenue from the Electronic Manufacturing Services, and the rest from the Medical Equipment Manufacturing Services, and Others segment. Geographically, the majority of its revenue is generated within India.

Syrma SGS Technology Headlines

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