Tembo Global Industries (NSE:TEMBO) ROCE % : 82.49% (As of Sep. 2024)

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What is Tembo Global Industries 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. Tembo Global Industries's annualized ROCE % for the quarter that ended in Sep. 2024 was 82.49%.

Tembo Global Industries ROCE % Historical Data

The historical data trend for Tembo Global Industries'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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Tembo Global Industries ROCE % Chart

Tembo Global Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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19.34

16.07

16.73

23.33

39.25

Tembo Global Industries Quarterly Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Mar22	Jun22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															29.60	-	-	48.10	82.49

Tembo Global Industries ROCE % Calculation

Tembo Global Industries'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 )
	=	240.704	/	( ( (1098.714 - 631.218)	+	(1629.892 - 870.803) )	/ 2 )
	=	240.704	/	( (467.496	+	759.089)	/ 2 )
	=	240.704	/	613.2925
	=	39.25 %

Tembo Global Industries's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	948.024	/	( ( (0 - 0)	+	(3660.422 - 2511.13) )	/ 1 )
	=	948.024	/	( ( 0	+	1149.292 )	/ 1 )
	=	948.024	/	1149.292
	=	82.49 %

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

Tembo Global Industries (NSE:TEMBO) 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.

Tembo Global Industries ROCE % Related Terms

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Tembo Global Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tembo Global Industries Ltd (NSE:TEMBO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

S Central Road, Plot No. PAP-D - 146/147, TTC Industrial Estate, Opposite Balmer Lawrie Van Leer Co., MIDC, Turbhe, Sanpada Road, Navi Mumbai, MH, IND, 400705

Website

https://www.tembo.in

Tembo Global Industries Ltd manufactures and fabricates steel products for its application in Pipe Support Systems, HVAC Systems, Anti-vibration systems and Equipment for Industrial, Commercial, Utility, and OEM Installations. It also manufactures metal and base metal products like G. I. nuts, various types of bolts, clamps, hangers, bathroom pipes, fittings, bathroom accessories and sanitary wares. The company operates in two business segment viz, Manufacturing of Engineering Products and Trading of Fabric and Textile Products. The majority of revenue from operations is derived from the domestic market.

Tembo Global Industries Headlines

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