Sapphire Foods India (BOM:543397) ROCE % : 4.73% (As of Mar. 2024)

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What is Sapphire Foods 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. Sapphire Foods India's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.73%.

Sapphire Foods India ROCE % Historical Data

The historical data trend for Sapphire Foods 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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Sapphire Foods India ROCE % Chart

Sapphire Foods India Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-8.66

-2.23

9.37

10.34

7.67

Sapphire Foods India Quarterly Data
	Mar19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial												7.22	10.91	8.39	7.38	4.73

Sapphire Foods India ROCE % Calculation

Sapphire Foods India'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 )
	=	1708.17	/	( ( (25940.54 - 5337.11)	+	(28400.81 - 4443.64) )	/ 2 )
	=	1708.17	/	( (20603.43	+	23957.17)	/ 2 )
	=	1708.17	/	22280.3
	=	7.67 %

Sapphire Foods India'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 )
	=	1134.16	/	( ( (0 - 0)	+	(28400.81 - 4443.64) )	/ 1 )
	=	1134.16	/	( ( 0	+	23957.17 )	/ 1 )
	=	1134.16	/	23957.17
	=	4.73 %

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

Sapphire Foods India (BOM:543397) 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.

Sapphire Foods India ROCE % Related Terms

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Sapphire Foods India (BOM:543397) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Sapphire Foods India Ltd (BOM:543397) » Definitions » ROCE %

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SAPPHIRE:India

Address

Mindspace, Link Road, 702, Prism Tower, A Wing, Goregaon (West), Mumbai, MH, IND, 400 062

Website

https://www.sapphirefoods.in

Sapphire Foods India Ltd is the largest franchisee of Yum! Brands in the Indian subcontinent, with a track record of successfully operating more than 400 KFC, Pizza Hut, and Taco Bell restaurants across India, Sri Lanka, and the Maldives. Its business activity primarily falls within a single business and geographical segment which is Food and Beverages.

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