Systematixorate Services (BOM:526506) ROCE % : 60.16% (As of Mar. 2024)

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What is Systematixorate Services 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. Systematixorate Services's annualized ROCE % for the quarter that ended in Mar. 2024 was 60.16%.

Systematixorate Services ROCE % Historical Data

The historical data trend for Systematixorate Services'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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Systematixorate Services ROCE % Chart

Systematixorate Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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3.57

3.78

23.02

7.48

43.76

Systematixorate Services 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															-0.49	19.67	9.86	94.99	60.16

Systematixorate Services ROCE % Calculation

Systematixorate Services'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 )
	=	708.169	/	( ( (1812.804 - 561.174)	+	(3084.224 - 1099.249) )	/ 2 )
	=	708.169	/	( (1251.63	+	1984.975)	/ 2 )
	=	708.169	/	1618.3025
	=	43.76 %

Systematixorate Services'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 )
	=	1194.104	/	( ( (0 - 0)	+	(3084.224 - 1099.249) )	/ 1 )
	=	1194.104	/	( ( 0	+	1984.975 )	/ 1 )
	=	1194.104	/	1984.975
	=	60.16 %

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

Systematixorate Services (BOM:526506) 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.

Systematixorate Services ROCE % Related Terms

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Systematixorate Services (BOM:526506) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Systematix Corporate Services Ltd (BOM:526506) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6th Floor, The Capital, A Wing, No. 603-606, Plot No. C-70, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051

Website

https://www.systematixgroup.in

Systematix Corporate Services Ltd is a broking house providing services of investment management and advisory services in the financial markets. The company provides investment solutions for a broad array of investors including Foreign Institutional Investors, Domestic Financial Institutions, Insurance Companies, Bank Treasuries, Corporate, Corporate Treasuries, Promoters, Ultra HNIs, HNI, and thousands of individual investors. It operates through Merchant Banking and Related Activities; Financing and Other Activities; and Equity, Commodities, Currency, and Other Transactional Services segments.

Systematixorate Services (BOM:526506) Headlines

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