Man Infraconstruction (NSE:MANINFRA) ROCE % : 22.24% (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Man Infraconstruction 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. Man Infraconstruction's annualized ROCE % for the quarter that ended in Mar. 2024 was 22.24%.

Man Infraconstruction ROCE % Historical Data

The historical data trend for Man Infraconstruction'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.

Man Infraconstruction ROCE % Chart

Man Infraconstruction Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

1.76

10.72

37.45

36.55

31.15

Man Infraconstruction 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															46.48	41.95	25.43	37.23	22.24

Man Infraconstruction ROCE % Calculation

Man Infraconstruction'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 )
	=	4323.373	/	( ( (17808.302 - 6078.449)	+	(21545.687 - 5514.321) )	/ 2 )
	=	4323.373	/	( (11729.853	+	16031.366)	/ 2 )
	=	4323.373	/	13880.6095
	=	31.15 %

Man Infraconstruction'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 )
	=	3566.168	/	( ( (0 - 0)	+	(21545.687 - 5514.321) )	/ 1 )
	=	3566.168	/	( ( 0	+	16031.366 )	/ 1 )
	=	3566.168	/	16031.366
	=	22.24 %

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

Man Infraconstruction (NSE:MANINFRA) 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.

Man Infraconstruction ROCE % Related Terms

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

Man Infraconstruction (NSE:MANINFRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Man Infraconstruction Ltd (NSE:MANINFRA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

533169:India

Address

Above Shoppers Stop, G. M. Road, 12th Floor, Krushal Commercial Complex, Chembur (West), Mumbai, MH, IND, 400089

Website

https://www.maninfra.com

Man Infraconstruction Ltd is an India-based Construction and Real Estate company. It undertakes projects, which include port infrastructure, commercial and institutional constructions, road constructions, residential constructions and industrial constructions. The operating segments of the group are Engineering, Procurement and Contracting (EPC), and Real estate. The firm primarily operates in India.

Man Infraconstruction (NSE:MANINFRA) Headlines

No Headlines