Century Plyboards (India) (BOM:532548) ROCE % : 17.43% (As of Dec. 2023)

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What is Century Plyboards (India) 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. Century Plyboards (India)'s annualized ROCE % for the quarter that ended in Dec. 2023 was 17.43%.

Century Plyboards (India) ROCE % Historical Data

The historical data trend for Century Plyboards (India)'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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Century Plyboards (India) ROCE % Chart

Century Plyboards (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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21.66

17.92

21.84

32.62

29.37

Century Plyboards (India) 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															26.13	31.36	24.96	25.55	17.43

Century Plyboards (India) ROCE % Calculation

Century Plyboards (India)'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 )
	=	5226.36	/	( ( (22304.731 - 6306.726)	+	(27162.616 - 7568.27) )	/ 2 )
	=	5226.36	/	( (15998.005	+	19594.346)	/ 2 )
	=	5226.36	/	17796.1755
	=	29.37 %

Century Plyboards (India)'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 )
	=	3699.224	/	( ( (32544.812 - 11326.172)	+	(0 - 0) )	/ 1 )
	=	3699.224	/	( ( 21218.64	+	0 )	/ 1 )
	=	3699.224	/	21218.64
	=	17.43 %

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

Century Plyboards (India) (BOM:532548) 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.

Century Plyboards (India) ROCE % Related Terms

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Century Plyboards (India) (BOM:532548) Business Description

Industry

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CENTURYPLY:India

Address

P-15/1, Taratala Road, Kolkata, WB, IND, 700 088

Website

https://www.centuryply.com

Century Plyboards (India) Ltd produces and sells plywood, wooden panels, and other wood products in various segments based on product and service. The plywood segment, which generates the majority of revenue, sells plywood and other wood products under the Centuryply brand. The laminate segment sells laminated wood panels, primarily used in housing construction and renovation. The CFS services segment provides container freight stations services. Further it is also involved in MDF, Plain Particle Board and other segments. Century Plyboards sells its products to dealers, distributors, and retailers. The vast majority of revenue comes from India.

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