West Coast Paper Mills (NSE:WSTCSTPAPR) ROCE % : 16.83% (As of Mar. 2024)

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What is West Coast Paper Mills 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. West Coast Paper Mills's annualized ROCE % for the quarter that ended in Mar. 2024 was 16.83%.

West Coast Paper Mills ROCE % Historical Data

The historical data trend for West Coast Paper Mills'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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West Coast Paper Mills ROCE % Chart

West Coast Paper Mills Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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23.15

1.55

19.32

50.88

28.13

West Coast Paper Mills Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															53.51	45.39	31.28	22.20	16.83

West Coast Paper Mills ROCE % Calculation

West Coast Paper Mills'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 )
	=	10771.851	/	( ( (41831.57 - 7827.918)	+	(51184.262 - 8603.173) )	/ 2 )
	=	10771.851	/	( (34003.652	+	42581.089)	/ 2 )
	=	10771.851	/	38292.3705
	=	28.13 %

West Coast Paper Mills'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: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	7166.336	/	( ( (0 - 0)	+	(51184.262 - 8603.173) )	/ 1 )
	=	7166.336	/	( ( 0	+	42581.089 )	/ 1 )
	=	7166.336	/	42581.089
	=	16.83 %

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

West Coast Paper Mills (NSE:WSTCSTPAPR) 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.

West Coast Paper Mills ROCE % Related Terms

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West Coast Paper Mills (NSE:WSTCSTPAPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » West Coast Paper Mills Ltd (NSE:WSTCSTPAPR) » Definitions » ROCE %

Traded in Other Exchanges

500444:India

Address

31, Chowringhee Road, Jawaharlal Nehru Road, (Park Street crossing), Kolkata, WB, IND, 700 016

Website

https://www.westcoastpaper.com

West Coast Paper Mills Ltd is engaged in the production of paper and related products. The company's operating segment includes Paper, Cables, and Others. It generates maximum revenue from the Paper segment. The company's product portfolio includes Printing and Writing Paper, MG Variety, Premium Printing Paper, Security and Hi-Value Grade Papers, Business Stationery, Cup Stock and Coated Duplex Boards. Geographically all the operations have functioned through the Indian market.

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