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Essar Shipping Ltd
NSE:ESSARSHPNG

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Essar Shipping Ltd
NSE:ESSARSHPNG
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Price: 26.54 INR -1.67% Market Closed
Market Cap: ₹5.5B

ROCE

0.8%
Current
Declining
by 1.5%
vs 3-y average of 2.3%

Return on Capital Employed (ROCE) measures how efficiently a company uses its capital to generate profit. It shows how much net income is earned for each dollar of capital employed.

ROCE
0.8%
=
EBIT
₹-74.6m
/
Avg Capital Employed
₹-9.6B

Return on Capital Employed (ROCE) measures how efficiently a company uses its capital to generate profit. It shows how much net income is earned for each dollar of capital employed.

ROCE
0.8%
=
EBIT
₹-74.6m
/
Avg Capital Employed
₹-9.6B

Peer Comparison

Country Company Market Cap ROCE
IN
Essar Shipping Ltd
NSE:ESSARSHPNG
5.5B INR
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CA
Enbridge Inc
TSX:ENB
156.9B CAD
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US
Williams Companies Inc
NYSE:WMB
88.2B USD
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US
Enterprise Products Partners LP
NYSE:EPD
82.1B USD
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US
Kinder Morgan Inc
NYSE:KMI
70.6B USD
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US
Energy Transfer LP
NYSE:ET
65.6B USD
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CA
TC Energy Corp
TSX:TRP
86.8B CAD
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US
MPLX LP
NYSE:MPLX
56.4B USD
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US
ONEOK Inc
NYSE:OKE
55.1B USD
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US
Cheniere Energy Inc
NYSE:LNG
54B USD
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US
Targa Resources Corp
NYSE:TRGP
51.7B USD
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Market Distribution

Lower than 76% of companies in India
Percentile
24th
Based on 5 591 companies
24th percentile
0.8%
Low
-2 275.6% — 2.6%
Typical Range
2.6% — 15.3%
High
15.3% — 5 652.3%
Distribution Statistics
India
Min -2 275.6%
30th Percentile 2.6%
Median 8.7%
70th Percentile 15.3%
Max 5 652.3%

Essar Shipping Ltd
Glance View

Market Cap
5.5B INR
Industry
Energy

Essar Shipping Ltd. operates as a holding company, which engages in the provision of integrated logistics services. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2011-11-14. The firm is engaged in the businesses of sea transportation, logistics services and oilfields services. The Company’s segments include Fleet operating and chartering and Oilfields services. The company operates international and coastal voyages. Its geographical segments include India, Singapore, Cyprus, United Arab Emirates, United Kingdom, Switzerland, Canada, South Africa, Taiwan, Kuwait, Denmark, and Bangladesh. The company operates a diversified fleet of large crude oil carrier and bulk carriers, including Supramaxes and Handysize bulk carriers. The firm has directly and/or, through its subsidiaries, invested in diverse business verticals, such as fleet operating and chartering (tankers and dry bulkers), oilfields services (land rigs and semi- submersible rig) and logistics services (trucks, trailers and tippers). The company provides sea transportation, logistics services and oilfields services to Arkay Logistics Limited.

ESSARSHPNG Intrinsic Value
5.4 INR
Overvaluation 80%
Intrinsic Value
Price ₹26.54
E
What is Return on Capital Employed?
Return on Capital Employed (ROCE) measures how efficiently a company uses its capital to generate profit. It shows how much net income is earned for each dollar of capital employed.
How is ROCE calculated?

ROCE is calculated by dividing the EBIT by the Avg Capital Employed.

ROCE
0.8%
=
EBIT
₹-74.6m
/
Avg Capital Employed
₹-9.6B
What is Essar Shipping Ltd's current ROCE?

The current ROCE for Essar Shipping Ltd is 0.8%, which is below its 3-year median of 2.3%.

How has ROCE changed over time?

Over the last 3 years, Essar Shipping Ltd’s ROCE has decreased from 1.1% to 0.8%. During this period, it reached a low of 0.3% on Mar 31, 2023 and a high of 4.7% on Jun 30, 2024.

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