VST Industries (BOM:509966) ROCE % : 26.90% (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is VST Industries 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. VST Industries's annualized ROCE % for the quarter that ended in Mar. 2024 was 26.90%.

VST Industries ROCE % Historical Data

The historical data trend for VST Industries'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.

VST Industries ROCE % Chart

VST Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

50.07

43.04

37.05

30.67

25.46

VST Industries 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															24.54	32.39	24.68	22.02	26.90

VST Industries ROCE % Calculation

VST Industries'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 )
	=	3150.9	/	( ( (16536.5 - 4524.2)	+	(17200.9 - 4460.3) )	/ 2 )
	=	3150.9	/	( (12012.3	+	12740.6)	/ 2 )
	=	3150.9	/	12376.45
	=	25.46 %

VST Industries'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 )
	=	3427.2	/	( ( (0 - 0)	+	(17200.9 - 4460.3) )	/ 1 )
	=	3427.2	/	( ( 0	+	12740.6 )	/ 1 )
	=	3427.2	/	12740.6
	=	26.90 %

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

VST Industries (BOM:509966) 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.

VST Industries ROCE % Related Terms

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

VST Industries (BOM:509966) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » VST Industries Ltd (BOM:509966) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VSTIND:India

Address

1-7-1063/1065, P.O. Box No. 1804, Azamabad, Hyderabad, TG, IND, 500 020

Website

https://www.vsthyd.com

VST Industries Ltd manufactures and distributes cigarettes and unmanufactured tobacco under the brand names Charms, Charminar, Gold, Moments, and Zaffran. The company operates its business out of India. In terms of revenue from operations, a majority comes from the sale of cigarettes and the remainder generally comes from the sale of unmanufactured tobacco. It has a single operating segment which is. Tobacco and related products. Geographical segments consist of sales within India and sales outside of India with a majority derived from India.

VST Industries (BOM:509966) Headlines

No Headlines