MerryMart Consumer (PHS:MM) ROCE % : 1.33% (As of Sep. 2023)

View and export this data going back to 2020. Start your Free Trial

What is MerryMart Consumer 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. MerryMart Consumer's annualized ROCE % for the quarter that ended in Sep. 2023 was 1.33%.

MerryMart Consumer ROCE % Historical Data

The historical data trend for MerryMart Consumer'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.

MerryMart Consumer ROCE % Chart

MerryMart Consumer Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

90.78

15.12

1.91

2.05

7.69

MerryMart Consumer Quarterly Data
	Dec17	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															1.58	23.50	2.34	2.46	1.33

MerryMart Consumer ROCE % Calculation

MerryMart Consumer's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	372.181	/	( ( (6492.458 - 2117.473)	+	(8434.608 - 3131.625) )	/ 2 )
	=	372.181	/	( (4374.985	+	5302.983)	/ 2 )
	=	372.181	/	4838.984
	=	7.69 %

MerryMart Consumer's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	76.748	/	( ( (11527.406 - 5784.46)	+	(10947.117 - 5170.25) )	/ 2 )
	=	76.748	/	( ( 5742.946	+	5776.867 )	/ 2 )
	=	76.748	/	5759.9065
	=	1.33 %

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

MerryMart Consumer (PHS:MM) 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.

MerryMart Consumer ROCE % Related Terms

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

MerryMart Consumer (PHS:MM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » MerryMart Consumer Corp (PHS:MM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

DD Meridian Park Corner Macapagal Avenue and Edsa Extension, 9th Floor, Tower 1, DoubleDragon Plaza, Bay Area, Pasay, PHL, 1302

Website

https://www.merrymart.com.ph

MerryMart Consumer Corp is an emerging consumer-focused retail company. It is engaged in the operation of retail stores in the supermarket and household essentials category. It operates through Four divisions namely, MerryMart Grocery; MerryMart Market; and MerryMart Store, MerryMart Wholesale. It generates revenues from trading and selling goods and consumer products on a wholesale or retail basis.

MerryMart Consumer (PHS:MM) Headlines

From GuruFocus

Baron Funds Comments on Millennial Media

By Holly LaFon Holly LaFon • 08-24-2012

Millennial Media Inc. Closes Follow-On Offering, Insider Sells Reported

By Dianne Tordillo Dianne Tordillo • 10-30-2012