Currys (LSE:CURY) ROCE % : 0.58% (As of Oct. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Currys 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. Currys's annualized ROCE % for the quarter that ended in Oct. 2023 was 0.58%.

Currys ROCE % Historical Data

The historical data trend for Currys'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.

Currys ROCE % Chart

Currys Annual Data

Trend

Mar13

Mar14

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

Get a 7-Day Free Trial

-4.95

-0.46

3.20

5.24

-9.02

Currys Semi-Annual Data
	Mar13	Sep13	Mar14	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
ROCE %	Get a 7-Day Free Trial															4.59	6.07	-25.21	8.46	0.58

Currys ROCE % Calculation

Currys's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	-346	/	( ( (6913 - 2703)	+	(5849 - 2387) )	/ 2 )
	=	-346	/	( (4210	+	3462)	/ 2 )
	=	-346	/	3836
	=	-9.02 %

Currys's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	20	/	( ( (5849 - 2387)	+	(6165 - 2786) )	/ 2 )
	=	20	/	( ( 3462	+	3379 )	/ 2 )
	=	20	/	3420.5
	=	0.58 %

(1) Note: The EBIT data used here is two times the semi-annual (Oct. 2023) EBIT data.

Currys (LSE:CURY) 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.

Currys ROCE % Related Terms

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

Currys (LSE:CURY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Currys PLC (LSE:CURY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DSITF:USA CURYl:UK

Address

1 Portal Way, London, GBR, W3 6RS

Website

https://www.currysplc.com

Currys PLC is an omnichannel retailer of technology products and services with 832 stores across eight countries. The company's main brands are Currys in the United Kingdom and Ireland, Elkjop in the Nordics, and Kotsovolos in Greece. Through the company's full range of services and support, customers can discover, choose, afford, and enjoy the right technology. Group operations are supported by a sourcing office in Hong Kong, state-of-the-art repair facilities, and a comprehensive distribution network that enables fast and efficient delivery to stores and homes.

Currys (LSE:CURY) Headlines

No Headlines