Alphalogic Industries (BOM:543937) ROCE % : 29.17% (As of Sep. 2023)

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What is Alphalogic Industries 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. Alphalogic Industries's annualized ROCE % for the quarter that ended in Sep. 2023 was 29.17%.

Alphalogic Industries ROCE % Historical Data

The historical data trend for Alphalogic Industries'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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Alphalogic Industries ROCE % Chart

Alphalogic Industries Annual Data

Trend

Mar21

Mar22

Mar23

ROCE %

94.11

133.16

124.77

Alphalogic Industries Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23
ROCE %	-	-	257.74	98.46	29.17

Alphalogic Industries ROCE % Calculation

Alphalogic Industries'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 )
	=	32.499	/	( ( (37.394 - 28.79)	+	(91.773 - 48.282) )	/ 2 )
	=	32.499	/	( (8.604	+	43.491)	/ 2 )
	=	32.499	/	26.0475
	=	124.77 %

Alphalogic Industries'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 )
	=	32.462	/	( ( (91.773 - 48.282)	+	(239.634 - 60.576) )	/ 2 )
	=	32.462	/	( ( 43.491	+	179.058 )	/ 2 )
	=	32.462	/	111.2745
	=	29.17 %

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

Alphalogic Industries (BOM:543937) 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.

Alphalogic Industries ROCE % Related Terms

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Alphalogic Industries (BOM:543937) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Alphalogic Industries Ltd (BOM:543937) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Old Mumbai-Pune Highway, Office No. 207, 2nd Floor, Kohinoor B-Zone, Besides Vijay Sales, Opposute City One Mall, Pimpri Chinchwad, Pune, MH, IND, 411019

Website

https://www.alphalogicindustries.com

Alphalogic Industries Ltd is a storage solution manufacturing company. It is engaged in the design, manufacturing, supply, and installation of industrial and institutional storage systems that is compactor storage systems, heavy-duty storage racks, cantilever racks, lockers, mezzanine floors, metal pallets & crates, library stacks, book case, book trolly, periodical display rack, school lockers, book support.

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