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Wonder Electricals (NSE:WEL) ROCE % : 7.64% (As of Sep. 2024)


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What is Wonder Electricals 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. Wonder Electricals's annualized ROCE % for the quarter that ended in Sep. 2024 was 7.64%.

Wonder Electricals ROCE % Historical Data

The historical data trend for Wonder Electricals'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.

* Premium members only.

Wonder Electricals ROCE % Chart

Wonder Electricals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial 20.98 15.89 23.72 19.32 23.36

Wonder Electricals Quarterly Data
Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only 2.79 32.11 46.44 19.52 7.64

Wonder Electricals ROCE % Calculation

Wonder Electricals'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 )
=187.872/( ( (2328.667 - 1670.06) + (3524.755 - 2574.777) )/ 2 )
=187.872/( (658.607+949.978)/ 2 )
=187.872/804.2925
=23.36 %

Wonder Electricals'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 )
=75.44/( ( (0 - 0) + (2748.563 - 1760.912) )/ 1 )
=75.44/( ( 0 + 987.651 )/ 1 )
=75.44/987.651
=7.64 %

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

Wonder Electricals  (NSE:WEL) 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.

Wonder Electricals ROCE % Related Terms

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Wonder Electricals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Wonder Electricals Ltd (NSE:WEL) » Definitions » ROCE %
Comparable Companies
BOM:500279 NSE:ESFL BOM:541083 NSE:GREENCHEF BOM:543939 BOM:500327 NSE:PRITI BOM:530589 BOM:543464 NSE:AIROLAM SZSE:000333 SHSE:600690 SZSE:000651 TSE:9843 SHSE:603833 TPX SN WHR SZSE:002032 XPAR:SK
Traded in Other Exchanges
543449:India
Address
Plot No. 45, Okhla Industrial Estate, Phase-III, Ground Floor, New Delhi, IND, 110020
Website
https://www.wonderelectricals.com
Wonder Electricals Ltd is engaged in the manufacturing of ceiling fans, exhaust, pedestal, and brushless DC fans. Geographically the activities are carried out throughout India.