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E Factor Experiences (NSE:EFACTOR) ROCE % : 111.42% (As of Mar. 2023)


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What is E Factor Experiences 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. E Factor Experiences's annualized ROCE % for the quarter that ended in Mar. 2023 was 111.42%.


E Factor Experiences ROCE % Historical Data

The historical data trend for E Factor Experiences'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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E Factor Experiences ROCE % Chart

E Factor Experiences Annual Data
Trend Mar21 Mar22 Mar23
ROCE %
73.80 95.27 111.42

E Factor Experiences Semi-Annual Data
Mar21 Mar22 Mar23
ROCE % 73.80 95.27 111.42

E Factor Experiences ROCE % Calculation

E Factor Experiences'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 )
=112.394/( ( (491.687 - 438.047) + (567.48 - 419.374) )/ 2 )
=112.394/( (53.64+148.106)/ 2 )
=112.394/100.873
=111.42 %

E Factor Experiences's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Mar. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Mar. 2022 )(Q: Mar. 2023 )
=112.394/( ( (491.687 - 438.047) + (567.48 - 419.374) )/ 2 )
=112.394/( ( 53.64 + 148.106 )/ 2 )
=112.394/100.873
=111.42 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2023) 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.


E Factor Experiences  (NSE:EFACTOR) 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.


E Factor Experiences ROCE % Related Terms

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E Factor Experiences (NSE:EFACTOR) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. A-49, Sec 67, Gautam Budh Nagar, Noida, UP, IND, 201301
E Factor Experiences Ltd company is engaged in providing the consumers and community with event experiences, event services, technology based permanent & semi-permanent multimedia light & sound installations and specialized turnkey event assignments, wedding management, private and social event solutions. It's portfolio services includes turnkey assignments in the form of Government commissioned Tourism Events and Festivals, techno-cultural light & sound shows, Sporting Events & Contests, Conferences, Mega Ground Concerts, Televised Events, private and social events like wedding and anniversary celebrations etc.

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