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Eurocash (WAR:EUR) ROCE % : -0.65% (As of Mar. 2024)


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What is Eurocash 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. Eurocash's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.65%.


Eurocash ROCE % Historical Data

The historical data trend for Eurocash'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.

Eurocash ROCE % Chart

Eurocash Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.60 7.76 3.56 14.09 16.44

Eurocash 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 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 4.40 21.22 20.37 21.73 -0.65

Eurocash ROCE % Calculation

Eurocash'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 )
=486.818/( ( (8669.823 - 5813.196) + (9056.279 - 5989.644) )/ 2 )
=486.818/( (2856.627+3066.635)/ 2 )
=486.818/2961.631
=16.44 %

Eurocash'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 )
=-20.624/( ( (9056.279 - 5989.644) + (8784.025 - 5541.64) )/ 2 )
=-20.624/( ( 3066.635 + 3242.385 )/ 2 )
=-20.624/3154.51
=-0.65 %

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


Eurocash  (WAR:EUR) 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.


Eurocash ROCE % Related Terms

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Eurocash (WAR:EUR) Business Description

Traded in Other Exchanges
Address
Ul. Wisniowa 11, Komorniki, POL, 62-052
Eurocash SA is a Poland-based company that is principally engaged in distributing fast-moving consumer goods, including food, beverages, household chemicals, tobacco, and other products. The company is mainly involved in wholesale distribution to a broad range of customers, such as small supermarkets, grocery stores, convenience stores, restaurants, hotels and others. The company operates through three core business formats: cash and carry, a nationwide network of discount type warehouses under the brand Eurocash Cash and Carry; franchise systems, which operate under the brand of Delikatesy Centrum; and a distribution business, including Eurocash Distribution, Eurocash Gastronomia (Food Services), Eurocash Alcohols, and Eurocash Servis. The company operates throughout Poland.

Eurocash (WAR:EUR) Headlines

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