New Mauritius Hotels (XMAU:NMHL) ROCE % : 23.31% (As of Dec. 2023)

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What is New Mauritius Hotels 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. New Mauritius Hotels's annualized ROCE % for the quarter that ended in Dec. 2023 was 23.31%.

New Mauritius Hotels ROCE % Historical Data

The historical data trend for New Mauritius Hotels'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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New Mauritius Hotels ROCE % Chart

New Mauritius Hotels Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Jun21

Jun22

Jun23

ROCE %

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3.86

3.54

-10.05

4.20

13.35

New Mauritius Hotels Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															21.40	-	-	2.75	23.31

New Mauritius Hotels ROCE % Calculation

New Mauritius Hotels's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	4112.878	/	( ( (40759.475 - 11494.228)	+	(42199.156 - 9833.809) )	/ 2 )
	=	4112.878	/	( (29265.247	+	32365.347)	/ 2 )
	=	4112.878	/	30815.297
	=	13.35 %

New Mauritius Hotels's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	7227.34	/	( ( (42213.513 - 11018.801)	+	(43770.603 - 12953.6) )	/ 2 )
	=	7227.34	/	( ( 31194.712	+	30817.003 )	/ 2 )
	=	7227.34	/	31005.8575
	=	23.31 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

New Mauritius Hotels (XMAU:NMHL) 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.

New Mauritius Hotels ROCE % Related Terms

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New Mauritius Hotels (XMAU:NMHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » New Mauritius Hotels Ltd (XMAU:NMHL) » Definitions » ROCE %

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NMHL.P0000.PFD:Mauritius

Address

Botanical Garden Street, Beachcomber House, Curepipe, MUS, 74213

Website

https://www.beachcomber.com

New Mauritius Hotels Ltd together with its subsidiaries is in the business of hotel operations, tour operating, provision of flight & inland catering and rental of hotel property. The company is composed of four business segments, hotel operations, tour operating, Catering and Property. Hotel operations are carried out in Mauritius and morocco. Tour operating are carried out in France, the United Kingdom, Italy, South Africa, and Mauritius. Airline and inland catering are carried out in Mauritius and rental of properties in Seychelles. The majority of the revenue for the company is generated from Hotel Operations.

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