Vdeal System (NSE:VDEAL) ROCE % : 142.85% (As of Mar. 2024)

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What is Vdeal System 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. Vdeal System's annualized ROCE % for the quarter that ended in Mar. 2024 was 142.85%.

Vdeal System ROCE % Historical Data

The historical data trend for Vdeal System'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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Vdeal System ROCE % Chart

Vdeal System Annual Data

Trend

Mar22

Mar23

Mar24

ROCE %

22.17

50.43

71.43

Vdeal System Semi-Annual Data
	Mar22	Mar23	Mar24
ROCE %	44.34	100.86	142.85

Vdeal System ROCE % Calculation

Vdeal System'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 )
	=	51.852	/	( ( (154.444 - 109.444)	+	(272.793 - 172.601) )	/ 2 )
	=	51.852	/	( (45	+	100.192)	/ 2 )
	=	51.852	/	72.596
	=	71.43 %

Vdeal System's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Mar. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Mar. 2023 )		(Q: Mar. 2024 )
	=	103.704	/	( ( (154.444 - 109.444)	+	(272.793 - 172.601) )	/ 2 )
	=	103.704	/	( ( 45	+	100.192 )	/ 2 )
	=	103.704	/	72.596
	=	142.85 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

Vdeal System (NSE:VDEAL) 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.

Vdeal System ROCE % Related Terms

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Vdeal System Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vdeal System Ltd (NSE:VDEAL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

New Info Valley Road, Plot No- 4A, 4B & 6, Janla Industrial Area, Janla, Jatni, Khordha, OR, IND, 752054

Website

https://www.vdealsystem.com

Vdeal System Ltd Provides solutions in Smart Low Voltage (LV) panels, Smart Medium Voltage (MV) panels, Smart Variable Frequency Drive (VFD) panels, Medium Voltage (MV) Soft Starter, Energy Management Systems (EMS) and Smart Programmable Logic Controller (PLC) panels, Air-insulated & Sandwich bus ducts backed by In-house Product design & development, manufacturing, system integration, servicing of automation solutions and smart electrical control panels that adhere to high international IEC standards of quality and safety. It is a growing Integrated Electrical and Automation solution provider dealing in comprehensive electrical solutions across industries.

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