GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AGI Infra Ltd (BOM:539042) » Definitions » ROCE %

AGI Infra (BOM:539042) ROCE % : 24.30% (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is AGI Infra 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. AGI Infra's annualized ROCE % for the quarter that ended in Mar. 2024 was 24.30%.


AGI Infra ROCE % Historical Data

The historical data trend for AGI Infra'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.

AGI Infra ROCE % Chart

AGI Infra Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.48 25.44 37.71 32.98 30.34

AGI Infra 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.57 34.15 31.19 32.65 24.30

AGI Infra ROCE % Calculation

AGI Infra'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 )
=729.617/( ( (7591.825 - 5560.875) + (10795.198 - 8016.618) )/ 2 )
=729.617/( (2030.95+2778.58)/ 2 )
=729.617/2404.765
=30.34 %

AGI Infra'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 )
=675.284/( ( (0 - 0) + (10795.198 - 8016.618) )/ 1 )
=675.284/( ( 0 + 2778.58 )/ 1 )
=675.284/2778.58
=24.30 %

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

* 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.


AGI Infra  (BOM:539042) 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.


AGI Infra ROCE % Related Terms

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


AGI Infra (BOM:539042) Business Description

Traded in Other Exchanges
N/A
Address
Jalandhar Heights - II, SCO 1-5, Urbana, Jalandhar, PB, IND, 144022
AGI Infra Ltd is an India-based company engaged in construction and real estate development business. It is focused on the construction and development of commercial/residential projects, in and around Punjab. The company operates in one segment i.e. developing real estate. The company's revenue is derived from the sale of flats and plots.

AGI Infra (BOM:539042) Headlines

No Headlines