Campbell Soup Co (FRA:CSC) ROCE % : 12.49% (As of Jan. 2024)

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What is Campbell Soup Co 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. Campbell Soup Co's annualized ROCE % for the quarter that ended in Jan. 2024 was 12.49%.

Campbell Soup Co ROCE % Historical Data

The historical data trend for Campbell Soup Co'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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Campbell Soup Co ROCE % Chart

Campbell Soup Co Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

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9.69

11.51

15.87

13.27

13.41

Campbell Soup Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															14.53	10.62	11.12	14.85	12.49

Campbell Soup Co ROCE % Calculation

Campbell Soup Co's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	1189.664	/	( ( (11689.836 - 2836.938)	+	(10900.432 - 2008.688) )	/ 2 )
	=	1189.664	/	( (8852.898	+	8891.744)	/ 2 )
	=	1189.664	/	8872.321
	=	13.41 %

Campbell Soup Co's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	1164.024	/	( ( (11607.379 - 2187.57)	+	(11113.308 - 1887.408) )	/ 2 )
	=	1164.024	/	( ( 9419.809	+	9225.9 )	/ 2 )
	=	1164.024	/	9322.8545
	=	12.49 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

Campbell Soup Co (FRA:CSC) 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.

Campbell Soup Co ROCE % Related Terms

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Campbell Soup Co (FRA:CSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Campbell Soup Co (FRA:CSC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CPB:USA CPB:Mexico C1PB34:Brazil

Address

1 Campbell Place, Camden, NJ, USA, 08103-1799

Website

https://www.campbellsoupcompany.com

With a history that dates back around 150 years, Campbell Soup is now a leading manufacturer and marketer of branded convenience food products, most notably soup. The firm's product assortment includes well-known brands like Campbell's, Pace, Prego, Swanson, V8, and Pepperidge Farm. Following the sale of its international snacking operations in calendar 2019, the firm derives nearly all of its sales from the United States. Campbell has made a handful of acquisitions to reshape its product mix in the past several years, including the tie-up with Snyder's-Lance in March 2018, which enhanced its exposure to the faster-growing on-trend snack food aisle, complementing its Pepperidge Farm lineup.

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