Sunrise Efficient Marketing (BOM:543515) ROCE % : 27.93% (As of Sep. 2023)

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What is Sunrise Efficient Marketing 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. Sunrise Efficient Marketing's annualized ROCE % for the quarter that ended in Sep. 2023 was 27.93%.

Sunrise Efficient Marketing ROCE % Historical Data

The historical data trend for Sunrise Efficient Marketing'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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Sunrise Efficient Marketing ROCE % Chart

Sunrise Efficient Marketing Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

42.80

119.71

49.92

Sunrise Efficient Marketing Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial			233.57	65.01	23.30	59.29	27.93

Sunrise Efficient Marketing ROCE % Calculation

Sunrise Efficient Marketing'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 )
	=	117.446	/	( ( (282.72 - 172.89)	+	(485.572 - 124.843) )	/ 2 )
	=	117.446	/	( (109.83	+	360.729)	/ 2 )
	=	117.446	/	235.2795
	=	49.92 %

Sunrise Efficient Marketing'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 )
	=	105.354	/	( ( (485.572 - 124.843)	+	(695.416 - 301.672) )	/ 2 )
	=	105.354	/	( ( 360.729	+	393.744 )	/ 2 )
	=	105.354	/	377.2365
	=	27.93 %

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

Sunrise Efficient Marketing (BOM:543515) 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.

Sunrise Efficient Marketing ROCE % Related Terms

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Sunrise Efficient Marketing (BOM:543515) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sunrise Efficient Marketing Ltd (BOM:543515) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Akash Bhumi Complex, Sub Plot No. 2, Block B, Village Pandesara, Surat, GJ, IND, 394221

Website

https://www.sunriseefficientmarketing.com

Sunrise Efficient Marketing Ltd is engaged in the business of trading, distributing, and wholesaling different types of industrial products such as electrical items, electronic items, spare parts and others. The company distributes Automotive Parts, Gear Boxes, Motors, Pumps, Oils, and FMCG products. The company retails, imports, exports, sells, fabricates, and assembles a wide range of products such as pipes, pipe fittings, sanitation parts, mechanical and engineering items, all types of machined and un-machined castings, industrial valves, and its spares, Oils, lubricants, all types of motors, pumps, generator sets, batteries and all types of electrical, mechanical, electronic items, and spare parts, accessories used for industrial, domestic and agricultural purposes.

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