SAB Industries (BOM:539112) ROCE % : -9.49% (As of Mar. 2024)

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What is SAB 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. SAB Industries's annualized ROCE % for the quarter that ended in Mar. 2024 was -9.49%.

SAB Industries ROCE % Historical Data

The historical data trend for SAB 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.

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SAB Industries ROCE % Chart

SAB Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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3.35

0.41

-0.28

4.52

10.18

SAB 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															12.58	39.69	24.66	-5.85	-9.49

SAB Industries ROCE % Calculation

SAB 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 )
	=	442.471	/	( ( (4020.194 - 870.889)	+	(6505.667 - 958.542) )	/ 2 )
	=	442.471	/	( (3149.305	+	5547.125)	/ 2 )
	=	442.471	/	4348.215
	=	10.18 %

SAB 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 )
	=	-526.488	/	( ( (0 - 0)	+	(6505.667 - 958.542) )	/ 1 )
	=	-526.488	/	( ( 0	+	5547.125 )	/ 1 )
	=	-526.488	/	5547.125
	=	-9.49 %

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

SAB Industries (BOM:539112) 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.

SAB Industries ROCE % Related Terms

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SAB Industries (BOM:539112) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » SAB Industries Ltd (BOM:539112) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019

Website

https://www.sabindustries.in

SAB Industries Ltd is an India-based company engaged in construction activities. The company undertakes projects in the areas of civil infrastructure and construction engineering, the development of technology industrial structures, mass housing complexes and townships, aviation structures, institutional and public utility facilities, hospitality and recreation, and healthcare. The operating segments of the group are the construction division, real estate division, investments, agriculture, and infotech division. The construction division also provides consultancy in the field of civil engineering and preparation and award of the claim. The firm operates in India and generates maximum revenue from the agriculture division.

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