Aegis Logistics (NSE:AEGISCHEM) ROCE % : 19.15% (As of Mar. 2024)

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What is Aegis Logistics 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. Aegis Logistics's annualized ROCE % for the quarter that ended in Mar. 2024 was 19.15%.

Aegis Logistics ROCE % Historical Data

The historical data trend for Aegis Logistics'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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Aegis Logistics ROCE % Chart

Aegis Logistics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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12.53

14.87

17.99

16.48

14.96

Aegis Logistics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															15.72	13.27	13.38	13.59	19.15

Aegis Logistics ROCE % Calculation

Aegis Logistics'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 )
	=	9770.8	/	( ( (71626.933 - 11329.45)	+	(80728.6 - 10431.8) )	/ 2 )
	=	9770.8	/	( (60297.483	+	70296.8)	/ 2 )
	=	9770.8	/	65297.1415
	=	14.96 %

Aegis Logistics'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 )
	=	13462.4	/	( ( (0 - 0)	+	(80728.6 - 10431.8) )	/ 1 )
	=	13462.4	/	( ( 0	+	70296.8 )	/ 1 )
	=	13462.4	/	70296.8
	=	19.15 %

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

Aegis Logistics (NSE:AEGISCHEM) 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.

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Aegis Logistics (NSE:AEGISCHEM) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aegis Logistics Ltd (NSE:AEGISCHEM) » Definitions » ROCE %

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500003:India

Address

Ganpatrao Kadam Marg, 1202, 12th Floor, Tower B, Peninsula Business Park, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.aegisindia.com

Aegis Logistics Ltd. is an oil, gas, and petrochemical logistics company based out of India. It operates a network of bulk liquid handling terminals, liquefied petroleum gas (LPG) terminals, filling plants, pipelines, and gas stations to deliver products and services. Clients consist mainly of Indian industrial companies and retail customers that utilize gas stations. The majority of revenue is derived from gas terminal operations. Gas logistics encompasses complete supply chain management and delivers both pressurized and refrigerated cargoes to several major ports on the coastline of India, including its own LPG terminals. Terminals include tank farm installations and are connected by pipelines at various sites. The pipelines handle exportation and importation of various products.

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