C P S Shapers (NSE:CPS) ROCE % : 70.72% (As of Mar. 2023)

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What is C P S Shapers 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. C P S Shapers's annualized ROCE % for the quarter that ended in Mar. 2023 was 70.72%.

C P S Shapers ROCE % Historical Data

The historical data trend for C P S Shapers'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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C P S Shapers ROCE % Chart

C P S Shapers Annual Data

Trend

Mar21

Mar22

Mar23

ROCE %

68.85

63.57

70.72

C P S Shapers Semi-Annual Data
	Mar21	Mar22	Mar23
ROCE %	68.85	63.57	70.72

C P S Shapers ROCE % Calculation

C P S Shapers'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 )
	=	44.153	/	( ( (127.548 - 82.402)	+	(175.12 - 95.393) )	/ 2 )
	=	44.153	/	( (45.146	+	79.727)	/ 2 )
	=	44.153	/	62.4365
	=	70.72 %

C P S Shapers's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2023 )		(Q: Mar. 2022 )		(Q: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2023 )		(Q: Mar. 2022 )		(Q: Mar. 2023 )
	=	44.153	/	( ( (127.548 - 82.402)	+	(175.12 - 95.393) )	/ 2 )
	=	44.153	/	( ( 45.146	+	79.727 )	/ 2 )
	=	44.153	/	62.4365
	=	70.72 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2023) EBIT data.

C P S Shapers (NSE:CPS) 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.

C P S Shapers ROCE % Related Terms

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C P S Shapers (NSE:CPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » C P S Shapers Ltd (NSE:CPS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 31, New Mayur Vihar, Near Raj Vansh Vihar, Garh Road, Meerut, UP, IND, 250005

Website

https://www.cpsshapersltd.com

C P S Shapers Ltd is engaged in the business manufacturing of compressed garments. The company's product portfolio has expanded significantly offering a wide array of meticulously crafted shapewear and athleisure clothing that caters to diverse body types and fashion preferences.