Discover and read the best of Twitter Threads about #ROCE
Most recents (15)
ROCE :stands for Return on Capital Employed, which is a financial ratio used to assess the profitability and efficiency of a company's capital investments.
It measures the return a company generates from the capital employed in its operations.
#learning #roce
It measures the return a company generates from the capital employed in its operations.
#learning #roce
ROCE is calculated by dividing a company's earnings before interest and taxes (EBIT) by its capital employed, which includes both equity and debt. It is expressed as a percentage.
A higher ROCE indicates better profitability and efficiency in utilizing capital, while a lower ROCE suggests lower profitability or inefficiency.
#Tata Technologies: 1/n
New IPO planned by #Tata Group after 18 years. Let`s analyze it together through this thread 🧵
Paid up equity: 41.8 Cr (FV 10) as of Mar 31, 22
0.112 Cr shares were bought back at 1982/sh in Apr, 2022
Paid up Equity: 4.05 Cr Share (after buy back)
1/n
New IPO planned by #Tata Group after 18 years. Let`s analyze it together through this thread 🧵
Paid up equity: 41.8 Cr (FV 10) as of Mar 31, 22
0.112 Cr shares were bought back at 1982/sh in Apr, 2022
Paid up Equity: 4.05 Cr Share (after buy back)
1/n
#Tata Technology: 2/n
Marketcap at last buyback price: 8,039 Cr
FY22 performance YOY
#ROE 19.2% vs 11.2%
#ROCE 22 2% vs 12.2%
Sales: 3529 Cr (⬆️48%)
Net Profit: 436 Cr (⬆️83%)
EBITDA: 645 Cr (⬆️68%)
EBIT: 560 Cr (⬆️91%)
EBITDA Margin: 18.3% vs 16 2%
2/n
Marketcap at last buyback price: 8,039 Cr
FY22 performance YOY
#ROE 19.2% vs 11.2%
#ROCE 22 2% vs 12.2%
Sales: 3529 Cr (⬆️48%)
Net Profit: 436 Cr (⬆️83%)
EBITDA: 645 Cr (⬆️68%)
EBIT: 560 Cr (⬆️91%)
EBITDA Margin: 18.3% vs 16 2%
2/n
#Tata Technology: 3/n
EBIT Margin: 15.9% vs 12.3%
Net Profit Margin: 12.4% vs 10.1%
Total Equity: 2280 Cr (⬆️6%)
Total Assets: 4218 Cr (⬆️18%)
Asset Turnover Ratio: 0.84 vs 0.67✅
Current Ratio: 1.76 vs 2.02 (poor compared to last year)
Now let us see, what they do:
EBIT Margin: 15.9% vs 12.3%
Net Profit Margin: 12.4% vs 10.1%
Total Equity: 2280 Cr (⬆️6%)
Total Assets: 4218 Cr (⬆️18%)
Asset Turnover Ratio: 0.84 vs 0.67✅
Current Ratio: 1.76 vs 2.02 (poor compared to last year)
Now let us see, what they do:
For Part 2 into understanding roce/roic of a business - roce/roic although by general definition sounds very simple, I.e the returns a company is generating on its invested capital, sounds very simple prima facie and a bit similar to ebit/op margins. However - contd.
Remember this "capital employed" Is the money employed for buying the raw materials, for funding capex growth etc. So in a way this doesn't show much about the value addition that a company does to its raw materials (which operating/ebit margins does).
So roce is a measure of EFFICIENCY of a business and it gives idea about both the nature of product AND also how well is the company able to deploy its capital right to sell MORE OF IT. I know sounds a bit confusing but lets do the dupont (I.e breakdown of roce into simple parts
I think not a lot of people understand the difference between two very important return ratios : operating margins and roc/roic. Both seem very similar but there's a huge difference. Both have their own merits that help you understand the key competitive advantage of any business
Operating margin/ebitda margin simply means how much value a company can add to its raw materials to sell the final product. It has two key elements - sales and (cogs+sga). So if a company has high ebidta margins it simply means two things :
1. That the company is able to
1. That the company is able to
Cut costs efficiently or is able to make products that are difficult to make or need some process expertise (if everybody could make it the the cost would drop). For this two examples come to mind - look at cos like Divis and clean science. They have been able to maintain 30%+
#zomatoipo
#Zomato Analysis 3/8/21:
Grab a cup of coffee and enjoy my notes:
Zomato Shareholding as on July 22nd:
Promoter holding: 0%
Institutions:12.76%
Non institutions: 83.67%
(58% holding by foreign companies)
Positives First:
*Almost debt free
(1/n)
#Zomato Analysis 3/8/21:
Grab a cup of coffee and enjoy my notes:
Zomato Shareholding as on July 22nd:
Promoter holding: 0%
Institutions:12.76%
Non institutions: 83.67%
(58% holding by foreign companies)
Positives First:
*Almost debt free
(1/n)
2/n #Zomato
*Massive growth potential, Scalable.
*Current Ratio: 9.3 (Excellent)
*Strong Network in place
*Hyperlocal data
*Strong brand image
*B2C Food delivery business
*Hyperpure B2B business
*Paid Zomato Pro Membership
*Cloud Kitchen opportunity scalable
*Massive growth potential, Scalable.
*Current Ratio: 9.3 (Excellent)
*Strong Network in place
*Hyperlocal data
*Strong brand image
*B2C Food delivery business
*Hyperpure B2B business
*Paid Zomato Pro Membership
*Cloud Kitchen opportunity scalable
3/n #Zomato
*All in one platform business for food restaurant search, menu, ordering, payments, online track delivery, feedback, customer support.
*35 subsidiaries (including Zomato's abroad businesses)
*Possibility to replicate their food delivery success to new businesses.
*All in one platform business for food restaurant search, menu, ordering, payments, online track delivery, feedback, customer support.
*35 subsidiaries (including Zomato's abroad businesses)
*Possibility to replicate their food delivery success to new businesses.
#sis India case study 📚
Security & Intelligence Serv is directly and indirectly engaged in rendering
1-#security and related services consisting of manned guarding, training, and indirectly engaged in paramedic and emergency response services;loss prevention, asset protection🛡️
Security & Intelligence Serv is directly and indirectly engaged in rendering
1-#security and related services consisting of manned guarding, training, and indirectly engaged in paramedic and emergency response services;loss prevention, asset protection🛡️
2-#facility management services consisting of cleaning, housekeeping and pest control management services in the areas of facility management;
View welcome 🎉💞😍
@Investor_Mohit
@nid_rockz
@unseenvalue
View welcome 🎉💞😍
@Investor_Mohit
@nid_rockz
@unseenvalue
3-#cash logistics services consisting of cash-in-transit, ATM cash replenishment activities and secure transportation of precious items and bullion; and alarm monitoring and response services consisting of trading and installation of electronic security devices.
@RajarshitaS
@RajarshitaS
Case Study 4 : #PSPProjects
CMP – 435.65 (9/6/2021)
(Must read Thread 🧵for #TA & #FA learners)
Fundamentals Sound & Technically Strong Upmove 🚀Candidate !
#TechnoFundaInvesting
@caniravkaria @SandeepKrJainTS @rohanshah619 (Views Welcome) 🙏
CMP – 435.65 (9/6/2021)
(Must read Thread 🧵for #TA & #FA learners)
Fundamentals Sound & Technically Strong Upmove 🚀Candidate !
#TechnoFundaInvesting
@caniravkaria @SandeepKrJainTS @rohanshah619 (Views Welcome) 🙏
1⃣
#PSPProjects Limited is a construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential, and residential projects in India.
#StockMarket #TechnoFunda #Investing
#PSPProjects Limited is a construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential, and residential projects in India.
#StockMarket #TechnoFunda #Investing
2⃣
It provides its services across construction value chain, ranging from planning & design to construction & post-construction activities, including MEP work & other interior fit outs to private and public sector enterprises.
#PSPProjects #StockMarket #TechnoFunda #Investing
It provides its services across construction value chain, ranging from planning & design to construction & post-construction activities, including MEP work & other interior fit outs to private and public sector enterprises.
#PSPProjects #StockMarket #TechnoFunda #Investing
Thread 🧵explaining #ROE & #ROCE and its use in #FundamentalAnalysis
(Must read for #FA learners)
🙏Like & RT to spread learning with all 🙏
Views Welcome 👉 @dmuthuk @Vivek_Investor @datta_arvind @caniravkaria @FI_InvestIndia @AdityaD_Shah
#FundamentalAnalysis #StockMarket
(Must read for #FA learners)
🙏Like & RT to spread learning with all 🙏
Views Welcome 👉 @dmuthuk @Vivek_Investor @datta_arvind @caniravkaria @FI_InvestIndia @AdityaD_Shah
#FundamentalAnalysis #StockMarket
1⃣
Return on Equity (#ROE) and Return on Capital Employed (#ROCE) are two important Financial Ratios used in #FundamentalAnalysis of Stocks.
#StockMarket #Investing
Return on Equity (#ROE) and Return on Capital Employed (#ROCE) are two important Financial Ratios used in #FundamentalAnalysis of Stocks.
#StockMarket #Investing
2⃣
Return on Equity (ROE) is the ratio of Net Income (Net Profit) of a company and it’s Total Equity (Shareholder's Equity).
Here - Shareholders Equity = Share Capital + Reserves & Surplus.
#StockMarket #Investing #FundamentalAnalysis
Return on Equity (ROE) is the ratio of Net Income (Net Profit) of a company and it’s Total Equity (Shareholder's Equity).
Here - Shareholders Equity = Share Capital + Reserves & Surplus.
#StockMarket #Investing #FundamentalAnalysis
Case Study 4 : #Chemcon Specialty Chemicals
CMP – 502.25 (7/6/2021)
(Must read Thread 🧵for #TA & #FA learners)
Fundamentals Sound & Technically Breakout Candidate !
#TechnoFundaInvesting
@drprashantmish6 & @Prakashplutus (views invited)
CMP – 502.25 (7/6/2021)
(Must read Thread 🧵for #TA & #FA learners)
Fundamentals Sound & Technically Breakout Candidate !
#TechnoFundaInvesting
@drprashantmish6 & @Prakashplutus (views invited)
0⃣Company came out with #IPO last year and listed on 1st October at Rs. 730 against issue price of Rs. 340.
Stock crashed on listing day and then corrected all the way to 400 level.
#Chemcon #StockMarket #TechnoFunda #Investing
Stock crashed on listing day and then corrected all the way to 400 level.
#Chemcon #StockMarket #TechnoFunda #Investing
1⃣ Chemcon Speciality Chemicals Ltd is a manufacturer of specialized chemical products i.e. HMDS & CMIC.
Its product portfolio includes oilfield chemicals (Calcium Bromide, Sodium Bromide, and Zinc Bromide), Pharma intermediates, Silanes, & chemicals contract manufacturing work
Its product portfolio includes oilfield chemicals (Calcium Bromide, Sodium Bromide, and Zinc Bromide), Pharma intermediates, Silanes, & chemicals contract manufacturing work
#DBL #DilipBuildcon
Dilip Buildcon Ltd. is an India-based company engaged in the business of #infrastructure facilities on engineering procurement and construction (#EPC) basis for #roads #Bridges #Irrigation & #UrbanProjects.
@srslysaurabh @avinashmehta123 @Agarwal_Ishu
Dilip Buildcon Ltd. is an India-based company engaged in the business of #infrastructure facilities on engineering procurement and construction (#EPC) basis for #roads #Bridges #Irrigation & #UrbanProjects.
@srslysaurabh @avinashmehta123 @Agarwal_Ishu
Why should one look into this? And does this deserve a place in my portfolio. Here’s my rational below.
#DBL started as a #Road Construction company for the western region and now has diversified into multiple segments and the co. has covered almost all the states in #India.
#DBL started as a #Road Construction company for the western region and now has diversified into multiple segments and the co. has covered almost all the states in #India.
#DBL has secured orders worth INR 10703 Cr. In FY 21 and the total order book stands at approximately INR 26115 Cr. Orders are balanced between state govt. and central govt. entities. The company has successfully reduced risk on all parameters as far as business is concerned.
A relative of mine came to me to look for best #FixedDeposit option available today, and that got me thinking that there should be a #Stock which can fulfill this purpose, and voila i got 1 #SJVN, so here is a thread, why at current levels it is a FD.
@VPaldiwal
@VPaldiwal
#SJVN is the principal business activity #Electricity #generation of the company. The company is also engaged in the business of providing consultancy. Both of these segments are not affected due to #COVID19
Biggest #COVID19 casualty
Post Jan2020, the #crudeoil prices collapsed 60-70%. The company has major dependence on global oil & gas players for its order book.
Post Jan2020, the #crudeoil prices collapsed 60-70%. The company has major dependence on global oil & gas players for its order book.
However, we feel Welspun Corp’s strong cash & investment position in the #balancesheet and very low #longtermdebt will help the company withstand the current turmoil and bounce back stronger.
📢 YATIRIM İÇİN ÖNEMLİ. ⁉
WARREN BUFFET'ın kullandığı bir formül 🦸♂️
❗❗❗ŞİRKETİNİZ SERMAYE İÇİNDEKİ VARLIKLARI NE KADAR VERİMLİ KULLANIYOR 🤷♂️🤷♂️🤷♂️
📌 Kullanılan sermayenin getirisinden ⁉ @denizmustafatr hocam anlatmıştı. Detaylı bilgiye sayfasından ulaşabilirsiniz 👏
WARREN BUFFET'ın kullandığı bir formül 🦸♂️
❗❗❗ŞİRKETİNİZ SERMAYE İÇİNDEKİ VARLIKLARI NE KADAR VERİMLİ KULLANIYOR 🤷♂️🤷♂️🤷♂️
📌 Kullanılan sermayenin getirisinden ⁉ @denizmustafatr hocam anlatmıştı. Detaylı bilgiye sayfasından ulaşabilirsiniz 👏
📌 Kullanilan sermayenin getirisi ROCE diyoruz. (Return on Capital Employed).
➡ (şirket yönetimi açısından performans ölçümü)
📌 Öz kaynak karlılığına ise ROE diyoruz.
➡ (Yatırımcı açısından performans ölçümü)
📢 ''Bu ikisi ne kadar birbirine yakın ise o kadar faydalıdır''
➡ (şirket yönetimi açısından performans ölçümü)
📌 Öz kaynak karlılığına ise ROE diyoruz.
➡ (Yatırımcı açısından performans ölçümü)
📢 ''Bu ikisi ne kadar birbirine yakın ise o kadar faydalıdır''
📌 [ ROCE = Net Faaliyet Kari / Kullanilan Sermaye ]
⏬
''Kullanılan Sermaye: Toplam varlıklar-kısa vadeli yükümlülükler''
📌 [ROE = ÖZ KAYNAK KARLILIĞI ]
⏬
''Kullanılan Sermaye: Toplam varlıklar-kısa vadeli yükümlülükler''
📌 [ROE = ÖZ KAYNAK KARLILIĞI ]
Someone asked me what could a company objectives be other than to declare profit and share dividends?
I laughed. Making money is different from declaring profit and sharing dividends.
Let me try to explain. #thread.
#Investing #DPS #ROI #ROE #ROCE #TSR #Returns #WO 1/16
I laughed. Making money is different from declaring profit and sharing dividends.
Let me try to explain. #thread.
#Investing #DPS #ROI #ROE #ROCE #TSR #Returns #WO 1/16
#tweetstorm #stockidea
Idea No. 5 - #IIFLSECURITIES - Solid #FINTECH play on rising household financial savings
Mkt Cap-1500 cr
CMP-45
Business Overview- IIFL Securities offerings
1.Broking : Retail/ Institutional
2.Investment Banking
3.Distribution : Financial Products
Idea No. 5 - #IIFLSECURITIES - Solid #FINTECH play on rising household financial savings
Mkt Cap-1500 cr
CMP-45
Business Overview- IIFL Securities offerings
1.Broking : Retail/ Institutional
2.Investment Banking
3.Distribution : Financial Products
#Broking - Strong Presence in Institutional & Retail space
> 2500 locations covering 500 cities
> 8.5 lac retail customers
> Strong online presence with industry leading mobile apps & web trading platform
> Investing on platform targeting High Value Traders to gain market share
> 2500 locations covering 500 cities
> 8.5 lac retail customers
> Strong online presence with industry leading mobile apps & web trading platform
> Investing on platform targeting High Value Traders to gain market share
Huge potential in APP based self-serviced trading
1.RM/Branch Serviced- Customer 4,25,000
2.Self-Serviced APP based- Customers 4,00,000
Institutional Broking- Among the top franchises on the street. - 600+ institutional (domestic and foreign) clients.
1.RM/Branch Serviced- Customer 4,25,000
2.Self-Serviced APP based- Customers 4,00,000
Institutional Broking- Among the top franchises on the street. - 600+ institutional (domestic and foreign) clients.
