Yudiz Solutions (NSE:YUDIZ) ROCE % : 78.16% (As of Mar. 2023)

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What is Yudiz Solutions 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. Yudiz Solutions's annualized ROCE % for the quarter that ended in Mar. 2023 was 78.16%.

Yudiz Solutions ROCE % Historical Data

The historical data trend for Yudiz Solutions'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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Yudiz Solutions ROCE % Chart

Yudiz Solutions Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

ROCE %

0.71

14.81

18.35

36.81

Yudiz Solutions Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23
ROCE %	-	-	-	-17.62	78.16

Yudiz Solutions ROCE % Calculation

Yudiz Solutions'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 )
	=	37.792	/	( ( (95.858 - 21.708)	+	(170.18 - 38.972) )	/ 2 )
	=	37.792	/	( (74.15	+	131.208)	/ 2 )
	=	37.792	/	102.679
	=	36.81 %

Yudiz Solutions'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: Sep. 2022 )		(Q: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2023 )		(Q: Sep. 2022 )		(Q: Mar. 2023 )
	=	91.092	/	( ( (130.918 - 29.047)	+	(170.18 - 38.972) )	/ 2 )
	=	91.092	/	( ( 101.871	+	131.208 )	/ 2 )
	=	91.092	/	116.5395
	=	78.16 %

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

Yudiz Solutions (NSE:YUDIZ) 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.

Yudiz Solutions ROCE % Related Terms

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Yudiz Solutions (NSE:YUDIZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Yudiz Solutions Ltd (NSE:YUDIZ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Iscon-Ambli Road, 13th Floor, B square 2, Ahmedabad, GJ, IND, 380054

Website

https://www.yudiz.com

Yudiz Solutions Ltd is engaged in the business of providing IT solutions and consultancy focused on providing scalable and secure solutions to shape a business idea by implementing the latest and cutting-edge technologies. It offers web, mobile, game and blockchain solutions for business. It is an ISO 9001:2015 certified IT development company and an ideal digital transformation and technology services company for customers' needs. The company has consistently delivered a competitive edge in the form of robust, fore-sighted, and qualitative solutions.

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