Keells Foods Products (COL:KFP.N0000) ROCE % : -1.53% (As of Mar. 2024)

View and export this data going back to 1983. Start your Free Trial

What is Keells Foods Products 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. Keells Foods Products's annualized ROCE % for the quarter that ended in Mar. 2024 was -1.53%.

Keells Foods Products ROCE % Historical Data

The historical data trend for Keells Foods Products'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.

* Premium members only.

Keells Foods Products ROCE % Chart

Keells Foods Products Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

9.52

14.09

16.13

9.56

-5.19

Keells Foods Products Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-8.11	-11.05	-7.99	-0.03	-1.53

Keells Foods Products ROCE % Calculation

Keells Foods Products's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-123.088	/	( ( (4302.695 - 1788.812)	+	(3961.88 - 1728.646) )	/ 2 )
	=	-123.088	/	( (2513.883	+	2233.234)	/ 2 )
	=	-123.088	/	2373.5585
	=	-5.19 %

Keells Foods Products's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-34.404	/	( ( (4090.357 - 1833.918)	+	(3961.88 - 1728.646) )	/ 2 )
	=	-34.404	/	( ( 2256.439	+	2233.234 )	/ 2 )
	=	-34.404	/	2244.8365
	=	-1.53 %

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

Keells Foods Products (COL:KFP.N0000) 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.

Keells Foods Products ROCE % Related Terms

Thank you for viewing the detailed overview of Keells Foods Products's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Keells Foods Products (COL:KFP.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Keells Foods Products PLC (COL:KFP.N0000) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16, Minuwangoda Road, Ekala, Ja-Ela, LKA

Website

https://www.keellsfoods.com

Keells Foods Products PLC produces and sells processed meat products. The company offers sausages, meatballs, pork, beef, crumbed as well as formed meat, Chinese rolls, and canned products. The company generates the majority of its total revenue from Sri Lanka.

Keells Foods Products (COL:KFP.N0000) Headlines

No Headlines