Metro Retail Stores Group (PHS:MRSGI) ROCE % : 4.26% (As of Mar. 2024)

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What is Metro Retail Stores Group 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. Metro Retail Stores Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.26%.

Metro Retail Stores Group ROCE % Historical Data

The historical data trend for Metro Retail Stores Group'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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Metro Retail Stores Group ROCE % Chart

Metro Retail Stores Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.71

-0.21

0.85

10.95

7.73

Metro Retail Stores Group 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															5.04	4.74	6.81	14.92	4.26

Metro Retail Stores Group ROCE % Calculation

Metro Retail Stores Group'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 )
	=	1372.222	/	( ( (22739.012 - 5236.024)	+	(23663.377 - 5655.721) )	/ 2 )
	=	1372.222	/	( (17502.988	+	18007.656)	/ 2 )
	=	1372.222	/	17755.322
	=	7.73 %

Metro Retail Stores Group'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 )
	=	764.892	/	( ( (23663.377 - 5655.721)	+	(23187.044 - 5289.962) )	/ 2 )
	=	764.892	/	( ( 18007.656	+	17897.082 )	/ 2 )
	=	764.892	/	17952.369
	=	4.26 %

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

Metro Retail Stores Group (PHS:MRSGI) 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.

Metro Retail Stores Group ROCE % Related Terms

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Metro Retail Stores Group (PHS:MRSGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Metro Retail Stores Group Inc (PHS:MRSGI) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Corner of C.D. Seno and W.O. Seno Streets, Vicsal Building, Guizo, North Reclamation Area, Cebu, Mandaue, PHL, 6014

Website

https://www.metroretail.com.ph

Metro Retail Stores Group Inc is a company that operates departmental stores, supermarkets, and hypermarkets. It is engaged in the business of trading goods, commodities, wares, and merchandise of any kind, such as clothes, bags, accessories, toys, and household goods. The company offers a selection of meats, seafood, fruits, vegetables, and organic produce, and service to pharmacies, bakeshops, cafes, and fast food outlets. It operates its supermarket under the brand name Metro Supermarket and Metro Fresh 'N Easy; departmental stores under the Metro brand; Hypermarket under Super Metro. The company generates all of its revenue from the operation of these stores.

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