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C & A Modas (BSP:CEAB3) ROCE % : 23.81% (As of Dec. 2023)


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What is C & A Modas 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. C & A Modas's annualized ROCE % for the quarter that ended in Dec. 2023 was 23.81%.


C & A Modas ROCE % Historical Data

The historical data trend for C & A Modas'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.

C & A Modas ROCE % Chart

C & A Modas Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 54.82 -1.30 4.75 7.56 7.79

C & A Modas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 30.74 -3.79 9.55 5.08 23.81

C & A Modas ROCE % Calculation

C & A Modas'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 )
=474.039/( ( (9629.594 - 3679.731) + (9417.656 - 3200.131) )/ 2 )
=474.039/( (5949.863+6217.525)/ 2 )
=474.039/6083.694
=7.79 %

C & A Modas's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=1469.364/( ( (8752.472 - 2628.431) + (9417.656 - 3200.131) )/ 2 )
=1469.364/( ( 6124.041 + 6217.525 )/ 2 )
=1469.364/6170.783
=23.81 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) 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.


C & A Modas  (BSP:CEAB3) 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.


C & A Modas ROCE % Related Terms

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C & A Modas (BSP:CEAB3) Business Description

Traded in Other Exchanges
N/A
Address
Alameda Araguaia, 1222, Alphaville, Barueri, SP, BRA, 06455-000
C & A Modas SA is a fashion retail brand company in Brazil. The company is engaged in retail trade - both offline and online - in apparel, comprised of men's clothing, women's clothing, children and teen clothing, footwear, bags and accessories, in addition to mobile phones, watches, costume jewellery and cosmetics, among others. It also provides financial intermediate services in the form of a credit to finance purchases, issuing credit cards and personal loans, and the intermediation in brokering and promoting the distribution of insurance, saving bonds and related products offered by insurers and other third parties offering such products.

C & A Modas (BSP:CEAB3) Headlines

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