Pet Center Comercio E Participacoes (BSP:PETZ3) ROCE % : 3.20% (As of Mar. 2024)

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What is Pet Center Comercio E Participacoes 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. Pet Center Comercio E Participacoes's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.20%.

Pet Center Comercio E Participacoes ROCE % Historical Data

The historical data trend for Pet Center Comercio E Participacoes'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.

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Pet Center Comercio E Participacoes ROCE % Chart

Pet Center Comercio E Participacoes Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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14.90

12.71

8.87

6.35

5.18

Pet Center Comercio E Participacoes 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															4.07	6.70	6.71	4.50	3.20

Pet Center Comercio E Participacoes ROCE % Calculation

Pet Center Comercio E Participacoes'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 )
	=	159.231	/	( ( (3647.129 - 737.213)	+	(3995.411 - 760.02) )	/ 2 )
	=	159.231	/	( (2909.916	+	3235.391)	/ 2 )
	=	159.231	/	3072.6535
	=	5.18 %

Pet Center Comercio E Participacoes'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 )
	=	103.36	/	( ( (3995.411 - 760.02)	+	(3928.864 - 712.794) )	/ 2 )
	=	103.36	/	( ( 3235.391	+	3216.07 )	/ 2 )
	=	103.36	/	3225.7305
	=	3.20 %

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

Pet Center Comercio E Participacoes (BSP:PETZ3) 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.

Pet Center Comercio E Participacoes ROCE % Related Terms

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Pet Center Comercio E Participacoes (BSP:PETZ3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Pet Center Comercio E Participacoes SA (BSP:PETZ3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Dr. Miguel Paulo Capalbo, Pari District, Sao Paulo, BRA, 135

Website

https://www.petz.com.br

Pet Center Comercio E Participacoes SA operates an online pet store. The store offers pet food, sanitary care products, pet toys, pet clothing, blankets and pillows, carrying bags, trolleys, bathing products, stool collector, and other related products. Also, the company provides medicines for pets.

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