Sainsbury (J) (Sainsbury (J)) ROCE % : 2.29% (As of Feb. 2024)

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What is Sainsbury (J) 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. Sainsbury (J)'s annualized ROCE % for the quarter that ended in Feb. 2024 was 2.29%.

Sainsbury (J) ROCE % Historical Data

The historical data trend for Sainsbury (J)'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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Sainsbury (J) ROCE % Chart

Sainsbury (J) Annual Data

Trend

Mar14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

ROCE %

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4.32

4.01

1.32

7.63

3.78

Sainsbury (J) Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Feb23	Aug23	Feb24
ROCE %	Get a 7-Day Free Trial															9.54	5.39	1.29	6.35	2.29

Sainsbury (J) ROCE % Calculation

Sainsbury (J)'s annualized ROCE % for the fiscal year that ended in Feb. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	768.116	/	( ( (36416.779 - 13353.18)	+	(31591.787 - 14026.57) )	/ 2 )
	=	768.116	/	( (23063.599	+	17565.217)	/ 2 )
	=	768.116	/	20314.408
	=	3.78 %

Sainsbury (J)'s ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Aug. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Aug. 2023 )		(Q: Feb. 2024 )
	=	409.09	/	( ( (33251.588 - 14731.893)	+	(31642.677 - 14459.596) )	/ 2 )
	=	409.09	/	( ( 18519.695	+	17183.081 )	/ 2 )
	=	409.09	/	17851.388
	=	2.29 %

(1) Note: The EBIT data used here is two times the semi-annual (Feb. 2024) EBIT data.

Sainsbury (J) (OTCPK:JSNSF) 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.

Sainsbury (J) ROCE % Related Terms

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Sainsbury (J) (Sainsbury (J)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sainsbury (J) PLC (OTCPK:JSNSF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

JSAIY:USA SBRYl:UK SBRY:UK SUY1:Germany

Address

33 Holborn, London, GBR, EC1N 2HT

Website

https://www.about.sainsburys.co.uk

Founded in 1869, Sainsbury's is the second-largest U.K. grocery chain with around 16% market share. It operates around 600 supermarkets and 800 convenience stores, all in the U.K. The company has diversified away from core food by selling clothing, telecom equipment, and other nonfood items. In September 2016, it took a step further into nonfood retailing with the purchase of Home Retail Group, operating the Habitat and Argos chains (general merchandise and electronics stores), for GBP 1.10 billion. It has been selling products online since 1997.

Sainsbury (J) (Sainsbury (J)) Headlines

From GuruFocus

Sainsbury (J) PLC Stock Is Believed To Be Modestly Undervalued

By GF Value GF Value • 04-02-2021