Decisive Dividend (FRA:PC9) ROCE % : 13.81% (As of Dec. 2023)

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What is Decisive Dividend 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. Decisive Dividend's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.81%.

Decisive Dividend ROCE % Historical Data

The historical data trend for Decisive Dividend'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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Decisive Dividend ROCE % Chart

Decisive Dividend Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.57

3.92

10.74

12.95

15.47

Decisive Dividend Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															8.86	17.40	12.66	18.35	13.81

Decisive Dividend ROCE % Calculation

Decisive Dividend's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	10.625	/	( ( (68.4 - 14.285)	+	(104.281 - 21.026) )	/ 2 )
	=	10.625	/	( (54.115	+	83.255)	/ 2 )
	=	10.625	/	68.685
	=	15.47 %

Decisive Dividend's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	11.608	/	( ( (108.233 - 23.361)	+	(104.281 - 21.026) )	/ 2 )
	=	11.608	/	( ( 84.872	+	83.255 )	/ 2 )
	=	11.608	/	84.0635
	=	13.81 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Decisive Dividend (FRA:PC9) 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.

Decisive Dividend ROCE % Related Terms

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Decisive Dividend (FRA:PC9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Decisive Dividend Corp (FRA:PC9) » Definitions » ROCE %

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DEDVF:USA DE:Canada

Address

No. 260 - 1855 Kirschner Road, Kelown, BC, CAN, V1Y 4N7

Website

https://www.decisivedividend.com

Decisive Dividend Corp is an acquisition-oriented company, focused on opportunities in manufacturing. The corporation's purpose is to be the sought-out choice for exiting legacy-minded business owners while supporting the long-term success of the businesses acquired, and through that, creating sustainable and growing shareholder returns. It uses a disciplined acquisition strategy to identify already profitable, well-established, high-quality manufacturing companies that have a sustainable competitive advantage, a focus on non-discretionary products, steady cash flows, growth potential and established strong leadership.

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