Crown Paints Kenya (NAI:CRWN) ROCE % : 32.80% (As of Dec. 2022)

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

What is Crown Paints Kenya 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. Crown Paints Kenya's annualized ROCE % for the quarter that ended in Dec. 2022 was 32.80%.

Crown Paints Kenya ROCE % Historical Data

The historical data trend for Crown Paints Kenya'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.

Crown Paints Kenya ROCE % Chart

Crown Paints Kenya Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

36.41

47.42

51.42

42.30

32.80

Crown Paints Kenya Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
ROCE %	Get a 7-Day Free Trial										36.41	47.42	51.42	42.30	32.80

Crown Paints Kenya ROCE % Calculation

Crown Paints Kenya'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 )
	=	1288.98	/	( ( (7807.348 - 4038.331)	+	(9204.834 - 5114.342) )	/ 2 )
	=	1288.98	/	( (3769.017	+	4090.492)	/ 2 )
	=	1288.98	/	3929.7545
	=	32.80 %

Crown Paints Kenya's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	1288.98	/	( ( (7807.348 - 4038.331)	+	(9204.834 - 5114.342) )	/ 2 )
	=	1288.98	/	( ( 3769.017	+	4090.492 )	/ 2 )
	=	1288.98	/	3929.7545
	=	32.80 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

Crown Paints Kenya (NAI:CRWN) 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.

Crown Paints Kenya ROCE % Related Terms

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

Crown Paints Kenya (NAI:CRWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Crown Paints Kenya Ltd (NAI:CRWN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Likoni Road, Industrial Area, P.O. Box 78848, Nairobi, KEN, 00507

Website

https://www.crownpaints.co.ke

Crown Paints Kenya Ltd is a Kenya-based paint manufacturer. The company comprises two business segments - Paints and Adhesives. The Paints segment manufactures and sells paints, decorating sundries, polyvinyl acetate emulsion, and alkyd resins producer. The Adhesives segment manufactures and sells adhesives. It offers decorative paints, automotive paints, industrial paints, road marking paints, and thinners. The company generates majority of its revenue from Paints segment. The company does its sales via geographical segments that include Kenya, Uganda, Tanzania, Rwanda, and others.