GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Unilever NV (NYSE:UN) » Definitions » ROCE %

Unilever NV (Unilever NV) ROCE % : 21.20% (As of Jun. 2020)


View and export this data going back to 1961. Start your Free Trial

What is Unilever NV 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. Unilever NV's annualized ROCE % for the quarter that ended in Jun. 2020 was 21.20%.


Unilever NV ROCE % Historical Data

The historical data trend for Unilever NV'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.

Unilever NV ROCE % Chart

Unilever NV Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.95 23.03 25.99 32.22 21.00

Unilever NV Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.50 42.35 22.73 19.38 21.20

Unilever NV ROCE % Calculation

Unilever NV's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=10006.667/( ( (69523.322 - 22923.777) + (72006.667 - 23308.889) )/ 2 )
=10006.667/( (46599.545+48697.778)/ 2 )
=10006.667/47648.6615
=21.00 %

Unilever NV's ROCE % of for the quarter that ended in Jun. 2020 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2020 )  (Q: Dec. 2019 )(Q: Jun. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2020 )  (Q: Dec. 2019 )(Q: Jun. 2020 )
=11060.81/( ( (72006.667 - 23308.889) + (79254.505 - 23621.622) )/ 2 )
=11060.81/( ( 48697.778 + 55632.883 )/ 2 )
=11060.81/52165.3305
=21.20 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2020) EBIT data.

* 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.


Unilever NV  (NYSE:UN) 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.


Unilever NV ROCE % Related Terms

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


Unilever NV (Unilever NV) Business Description

Traded in Other Exchanges
N/A
Address
Weena 455, Rotterdam, NLD, 3000
Netherlands-based Unilever NV and U.K.-based Unilever PLC operate Unilever Group, a diversified household and personal product (60% of 2018 sales by value) and packaged-food and refreshments (40%) company. The firm's brands include Knorr soups and sauces, Hellmann's mayonnaise, Lipton teas, Axe and Dove skin products, and the TRESemme hair-care brand. The firm has been acquisitive in recent years, and high-profile purchases include the mail-order men's grooming business Dollar Shave Club.

Unilever NV (Unilever NV) Headlines

From GuruFocus

Yacktman Focused Fund Adds Unilever to Portfolio

By Sydnee Gatewood Sydnee Gatewood 01-19-2017

Unilever to Acquire SmartyPants Vitamins

By Business Wire Business Wire 11-25-2020

Greece Drops a Bomb on Europe

By Charles Sizemore Charles Sizemore 11-02-2011

Yacktman Crosses Out Unilever From Holdings

By Kyle Ferguson Kyle Ferguson 01-16-2016

Jeff Auxier Comments on Unilever

By Holly LaFon Holly LaFon 05-09-2017

Kraft Heinz Is Value Stock Picking With Unilever

By Holmes Osborne, CFA Holmes Osborne, CFA 02-20-2017