Octaware Technologies (BOM:540416) ROCE % : -2.71% (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Octaware Technologies 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. Octaware Technologies's annualized ROCE % for the quarter that ended in Sep. 2023 was -2.71%.

Octaware Technologies ROCE % Historical Data

The historical data trend for Octaware Technologies'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.

Octaware Technologies ROCE % Chart

Octaware Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

5.51

-1.36

-0.87

4.08

-8.54

Octaware Technologies Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial													0.78	7.74	-5.68	-11.50	-2.71

Octaware Technologies ROCE % Calculation

Octaware Technologies'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 )
	=	-13.547	/	( ( (186.119 - 24.773)	+	(192.164 - 36.304) )	/ 2 )
	=	-13.547	/	( (161.346	+	155.86)	/ 2 )
	=	-13.547	/	158.603
	=	-8.54 %

Octaware Technologies's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-4.176	/	( ( (192.164 - 36.304)	+	(182.884 - 30.392) )	/ 2 )
	=	-4.176	/	( ( 155.86	+	152.492 )	/ 2 )
	=	-4.176	/	154.176
	=	-2.71 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Octaware Technologies (BOM:540416) 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.

Octaware Technologies ROCE % Related Terms

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

Octaware Technologies (BOM:540416) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Octaware Technologies Ltd (BOM:540416) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Makwana Road, Off Andheri-Kurla, 204, Timmy Arcade, Marol, Andheri (East), Mumbai, MH, IND, 400 059

Website

https://www.octaware.com

Octaware Technologies Ltd is a software development, enterprise solutions and consulting firm. It serves healthcare, finance, government, education, real estate and construction and other industries. The company services include Enterprise Portal, ERP and CRM Implementation, Software Architecture, Software Development Services, Mobile Solutions, Cloud, Security and IT Infrastructure Services, Geospatial Services and others. Some of its product includes PowerERM; Hospice; iOnAsset; Intelli Trade and others. It also has a presence in the USA, Singapore, UAE, Qatar, Saudi Arabia, and India. Revenue is generated from the sale of services.

Octaware Technologies (BOM:540416) Headlines

No Headlines