EIH (BOM:500840) ROCE % : 30.65% (As of Dec. 2023)

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What is EIH 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. EIH's annualized ROCE % for the quarter that ended in Dec. 2023 was 30.65%.

EIH ROCE % Historical Data

The historical data trend for EIH'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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EIH ROCE % Chart

EIH Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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7.93

5.92

-11.18

-1.32

13.16

EIH 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															22.83	14.90	15.51	13.49	30.65

EIH ROCE % Calculation

EIH'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 )
	=	4881.08	/	( ( (41403.49 - 6226.5)	+	(44069.6 - 5078.31) )	/ 2 )
	=	4881.08	/	( (35176.99	+	38991.29)	/ 2 )
	=	4881.08	/	37084.14
	=	13.16 %

EIH'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 )
	=	12360.4	/	( ( (45556.2 - 5234.9)	+	(0 - 0) )	/ 1 )
	=	12360.4	/	( ( 40321.3	+	0 )	/ 1 )
	=	12360.4	/	40321.3
	=	30.65 %

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

EIH (BOM:500840) 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.

EIH ROCE % Related Terms

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EIH (BOM:500840) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » EIH Ltd (BOM:500840) » Definitions » ROCE %

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EIHOTEL:India

Address

7, Sham Nath Marg, Delhi, IND, 110 054

Website

https://www.eihltd.com

EIH Ltd is an Indian-based company primarily engaged in owning and managing premium luxury hotels and cruisers under the luxury 'Oberoi' and 'Trident' brands. The company is also engaged in in-flight catering, airport restaurants, project management, and corporate air charters. It operates in the Hotel segment and generates revenue from the same.

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