Metro Brands (BOM:543426) ROCE % : 23.77% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Metro Brands 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. Metro Brands's annualized ROCE % for the quarter that ended in Dec. 2023 was 23.77%.

Metro Brands ROCE % Historical Data

The historical data trend for Metro Brands'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.

Metro Brands ROCE % Chart

Metro Brands Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

25.78

22.38

9.85

20.70

25.82

Metro Brands Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial											31.51	18.75	24.54	17.40	23.77

Metro Brands ROCE % Calculation

Metro Brands'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 )
	=	5521.445	/	( ( (23048.356 - 4188.825)	+	(29272.328 - 5357.754) )	/ 2 )
	=	5521.445	/	( (18859.531	+	23914.574)	/ 2 )
	=	5521.445	/	21387.0525
	=	25.82 %

Metro Brands'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 )
	=	6251.6	/	( ( (31639.9 - 5344.8)	+	(0 - 0) )	/ 1 )
	=	6251.6	/	( ( 26295.1	+	0 )	/ 1 )
	=	6251.6	/	26295.1
	=	23.77 %

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

Metro Brands (BOM:543426) 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.

Metro Brands ROCE % Related Terms

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

Metro Brands (BOM:543426) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Metro Brands Ltd (BOM:543426) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

METROBRAND:India

Address

Lal Bahadur Shastri Road & CST Road Junction, 401, Zillion, 4th Floor, Kurla (West), Mumbai, MH, IND, 400 070

Website

https://www.metrobrands.com

Metro Brands Ltd is a footwear speciality retailer. It offers a wide range of branded products for the entire family including men, women, unisex and kids, and for every occasion including casual and formal events. The Company's only business being trading of fashion footwear, bags, and accessories operating in the premium and economy category.

Metro Brands (BOM:543426) Headlines

No Headlines