Valiant Communications (BOM:526775) ROCE % : 21.50% (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Valiant Communications 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. Valiant Communications's annualized ROCE % for the quarter that ended in Dec. 2023 was 21.50%.

Valiant Communications ROCE % Historical Data

The historical data trend for Valiant Communications'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.

Valiant Communications ROCE % Chart

Valiant Communications Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

1.84

-0.20

6.38

-10.95

6.98

Valiant Communications Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															13.32	12.79	14.27	20.47	21.50

Valiant Communications ROCE % Calculation

Valiant Communications's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	22.907	/	( ( (344.608 - 33.113)	+	(400.157 - 55.037) )	/ 2 )
	=	22.907	/	( (311.495	+	345.12)	/ 2 )
	=	22.907	/	328.3075
	=	6.98 %

Valiant Communications's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	78.808	/	( ( (395.497 - 28.999)	+	(0 - 0) )	/ 1 )
	=	78.808	/	( ( 366.498	+	0 )	/ 1 )
	=	78.808	/	366.498
	=	21.50 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Valiant Communications (BOM:526775) 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.

Valiant Communications ROCE % Related Terms

Thank you for viewing the detailed overview of Valiant Communications's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Valiant Communications (BOM:526775) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Valiant Communications Ltd (BOM:526775) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

71/1, Shivaji Marg, New Delhi, IND, 110015

Website

https://www.valiantcom.com

Valiant Communications Ltd is an Indian company engaged in the manufacturing of Telecom Transmission Equipment. It offers communication and transmission products and solutions for the Power Utility sector including power generation, transmission, distribution, communication, Smart Grid and Renewables (Hydro, Wind, and Solar). It also provides products and solutions for Oil and Gas sector, Railways and Metro rail networks and Airport communications networks. Some of the products provided by the company include NTP Sub-Master Clock, IP Multiplexer, Time Display Units and Packet Optical Transport Interface. Geographically the company generates revenue from India, the USA, Europe, and the rest of the world, where the majority is generated from India.

Valiant Communications (BOM:526775) Headlines

No Headlines