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PE Analytics (NSE:PROPEQUITY) ROCE % : 14.81% (As of Sep. 2023)


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What is PE Analytics 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. PE Analytics's annualized ROCE % for the quarter that ended in Sep. 2023 was 14.81%.


PE Analytics ROCE % Historical Data

The historical data trend for PE Analytics'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.

PE Analytics ROCE % Chart

PE Analytics Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
19.08 5.87 34.03 29.44 23.07

PE Analytics Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
ROCE % Get a 7-Day Free Trial 38.83 29.25 18.93 26.88 14.81

PE Analytics ROCE % Calculation

PE Analytics'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 )
=142.192/( ( (746.006 - 182.683) + (731.507 - 62.309) )/ 2 )
=142.192/( (563.323+669.198)/ 2 )
=142.192/616.2605
=23.07 %

PE Analytics'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 )
=102.976/( ( (731.507 - 62.309) + (793.937 - 72.506) )/ 2 )
=102.976/( ( 669.198 + 721.431 )/ 2 )
=102.976/695.3145
=14.81 %

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

* 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.


PE Analytics  (NSE:PROPEQUITY) 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.


PE Analytics ROCE % Related Terms

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PE Analytics (NSE:PROPEQUITY) Business Description

Traded in Other Exchanges
N/A
Address
Udyog Vihar, Plot No. 348, Phase II, Gurugram, HR, IND, 122016
PE Analytics Ltd owns and operates PropEquity which is an online subscription-based real estate data and analytics platform covering projects of developers across over 44 cities in India. It offers real-estate business intelligence residential and commercial, research and consulting, collateral risk management, advanced processing facility, realty indices, and catchment area analysis services to various users like developers, the construction industry, investors, banks, housing finance companies, equity research firms, real estate PE funds, financial institutions, mortgage insurers, lenders, and investors in real estate. The company renders two types of services Website Subscription and Professional Services.

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