Pace E Commerce Ventures (BOM:543637) ROCE % : 9.03% (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Pace E Commerce Ventures 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. Pace E Commerce Ventures's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.03%.

Pace E Commerce Ventures ROCE % Historical Data

The historical data trend for Pace E Commerce Ventures'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.

Pace E Commerce Ventures ROCE % Chart

Pace E Commerce Ventures Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

4.68

2.18

3.27

2.58

5.38

Pace E Commerce Ventures Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial			-	8.93	-	1.70	9.03

Pace E Commerce Ventures ROCE % Calculation

Pace E Commerce Ventures'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 )
	=	39.999	/	( ( (750.184 - 20.763)	+	(835.702 - 78.394) )	/ 2 )
	=	39.999	/	( (729.421	+	757.308)	/ 2 )
	=	39.999	/	743.3645
	=	5.38 %

Pace E Commerce Ventures'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: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	67.542	/	( ( (760.98 - 22.205)	+	(835.702 - 78.394) )	/ 2 )
	=	67.542	/	( ( 738.775	+	757.308 )	/ 2 )
	=	67.542	/	748.0415
	=	9.03 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

Pace E Commerce Ventures (BOM:543637) 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.

Pace E Commerce Ventures ROCE % Related Terms

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

Pace E Commerce Ventures (BOM:543637) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Pace E Commerce Ventures Ltd (BOM:543637) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shahibaug, Office no.423, 4th Floor, „C? Block, Sumel -11, Opposite Namaste Circle, Ahmedabad, GJ, IND, 380004

Website

https://www.cotandcandy.com

Pace E Commerce Ventures Ltd offers children's furniture, bedding, housewares and essentials. The company's product portfolio includes Beds and Cribs, Seating and Lounging, Storage and Organisers, Playroom Furniture, Bins and Baskets, Décor and Accessories, Kids Bedding, Baby Bedding, Baby and Kids Essentials, Dinning Essentials and Homeware, Sports Ride Ons and Outdoor, Art and Craft, Games and Puzzles, Scooters and Ride Ons, Dolls Action figures and soft toys.

Pace E Commerce Ventures (BOM:543637) Headlines

No Headlines