BYND has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
BYND has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Beyond Meat's annualized ROCE % for the quarter that ended in Dec. 2023 was -79.50%.
The historical data trend for Beyond Meat'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.
Beyond Meat Annual Data | |||||||||||||||||
Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
ROCE % | Get a 7-Day Free Trial | -3.65 | -12.79 | -21.08 | -30.22 | -39.17 |
Beyond Meat 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 | -22.76 | -22.92 | -22.60 | -31.46 | -79.50 |
Beyond Meat'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 ) | |||||
= | -330.282 | / | ( ( (1062.224 - 75.841) | + | (774.45 - 74.354) ) | / 2 ) | |
= | -330.282 | / | ( (986.383 | + | 700.096) | / 2 ) | |
= | -330.282 | / | 843.2395 | ||||
= | -39.17 % |
Beyond Meat'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 ) | |||||
= | -616.336 | / | ( ( (929.208 - 78.858) | + | (774.45 - 74.354) ) | / 2 ) | |
= | -616.336 | / | ( ( 850.35 | + | 700.096 ) | / 2 ) | |
= | -616.336 | / | 775.223 | ||||
= | -79.50 % |
(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.
Beyond Meat (NAS:BYND) 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.
Thank you for viewing the detailed overview of Beyond Meat's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Chad M Peffer | officer: Interim Chief Growth Officer | C/O BEYOND MEAT, INC., 888 N. DOUGLAS STREET, SUITE 100, EL SEGUNDO CA 90245 |
C James Koch | director | C/O THE BOSTON BEER COMPANY, ONE DESIGN CENTER PLACE, SUITE 850, BOSTON MA 02210 |
Akerho Oghoghomeh | officer: See Remarks | C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245 |
Dariush Ajami | officer: Chief Innovation Officer | C/O BEYOND MEAT, INC., 1325 E. EL SEGUNDO BLVD., EL SEGUNDO CA 90245 |
Lubi Kutua | officer: CFO, Treasurer | C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245 |
Beth Moskowitz | officer: Chief Creative Officer | C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245 |
Sharman Robert M Jr | officer: See Remarks | C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245 |
Henry Dieu | officer: See Remarks. | C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245 |
Brad Hiranaga | officer: SEE REMARKS | C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245 |
Jay Colleen | director | C/O THE COOPER COMPANIES, INC., 6140 STONERIDGE MALL ROAD, SUITE 590, PLEASANTON CA 94588 |
Diane Carhart | director | C/O BEYOND MEAT, INC., 1325 E. EL SEGUNDO BLVD., EL SEGUNDO CA 90245 |
Teri L Witteman | officer: General Counsel, Secretary | 20333 S. NORMANDIE AVE, TORRANCE CA 90502 |
George Bernard Adcock | officer: Chief Suppy Chain Officer | C/O BEYOND MEAT, INC., 119 STANDARD ST., EL SEGUNDO CA 90245 |
Douglas Wayne Ramsey | officer: Chief Operating Officer | C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245 |
Jonathan P Nelson | officer: Interim COO | C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245 |
From GuruFocus
By Marketwired • 07-04-2023
By PRNewswire • 07-03-2023
By PRNewswire • 07-06-2023
By Marketwired • 07-07-2023
By PRNewswire • 07-12-2023
By Business Wire • 07-08-2023
By Stavros Georgiadis, CFA • 08-08-2023
By Marketwired • 07-05-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.