Paul Merchants (BOM:539113) ROCE % : 13.69% (As of Mar. 2024)

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What is Paul Merchants 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. Paul Merchants's annualized ROCE % for the quarter that ended in Mar. 2024 was 13.69%.

Paul Merchants ROCE % Historical Data

The historical data trend for Paul Merchants'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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Paul Merchants ROCE % Chart

Paul Merchants Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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9.90

11.57

13.83

14.75

17.37

Paul Merchants 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															11.47	17.76	17.15	19.83	13.69

Paul Merchants ROCE % Calculation

Paul Merchants'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 )
	=	1154.062	/	( ( (8898.636 - 2772.285)	+	(11563.271 - 4400.827) )	/ 2 )
	=	1154.062	/	( (6126.351	+	7162.444)	/ 2 )
	=	1154.062	/	6644.3975
	=	17.37 %

Paul Merchants'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 )
	=	980.796	/	( ( (0 - 0)	+	(11563.271 - 4400.827) )	/ 1 )
	=	980.796	/	( ( 0	+	7162.444 )	/ 1 )
	=	980.796	/	7162.444
	=	13.69 %

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

Paul Merchants (BOM:539113) 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.

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Paul Merchants (BOM:539113) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Paul Merchants Ltd (BOM:539113) » Definitions » ROCE %

Comparable Companies

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N/A

Address

PML House, SCO 829-830, Sector 22-A, Chandigarh, IND, 160022

Website

https://www.paulmerchants.net

Paul Merchants Ltd offers financial services. The company provides foreign exchange, business payment solutions, tours and travels, ticketing, wealth management services, and gold loan. The company's business segments include Foreign Exchange, Tours and Travels, and Other Services. It derives key revenue from Forex activity.

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