Haleon Pakistan (KAR:HALEON) ROCE % : 49.96% (As of Mar. 2024)

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What is Haleon Pakistan 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. Haleon Pakistan's annualized ROCE % for the quarter that ended in Mar. 2024 was 49.96%.

Haleon Pakistan ROCE % Historical Data

The historical data trend for Haleon Pakistan'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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Haleon Pakistan ROCE % Chart

Haleon Pakistan Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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42.00

35.71

48.60

13.86

23.39

Haleon Pakistan 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															36.93	13.52	17.70	41.16	49.96

Haleon Pakistan ROCE % Calculation

Haleon Pakistan'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 )
	=	1881.943	/	( ( (15059.676 - 7658.388)	+	(18244.73 - 9555.723) )	/ 2 )
	=	1881.943	/	( (7401.288	+	8689.007)	/ 2 )
	=	1881.943	/	8045.1475
	=	23.39 %

Haleon Pakistan'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 )
	=	4504.824	/	( ( (18244.73 - 9555.723)	+	(20563.071 - 11216.899) )	/ 2 )
	=	4504.824	/	( ( 8689.007	+	9346.172 )	/ 2 )
	=	4504.824	/	9017.5895
	=	49.96 %

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

Haleon Pakistan (KAR:HALEON) 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.

Haleon Pakistan ROCE % Related Terms

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Haleon Pakistan (KAR:HALEON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Haleon Pakistan Ltd (KAR:HALEON) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

HC-3, Block 4, Scheme-5, Clifton, 11-A, 11th Floor, Sky Tower (East Wing), Dolmen City, Karachi, PAK, 74000

Website

https://www.pk-consumerhealthcare.gsk.com/en-gb

Haleon Pakistan Ltd formerly GlaxoSmithKline Consumer Healthcare Pakistan Ltd engaged in the manufacturing, marketing, and sale of consumer healthcare products in Pakistan. The company is organized into one operating segment which is the consumer healthcare segment. It offers various products in the areas of Pain Relief, Respiratory, Oral Health, Nutrition/Gastro-Intestinal, and Skin Health. Some of its pharmaceutical brands include Sensodyne, Panadol, and others.

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