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Save Foods (FRA:80W0) ROCE % : -59.18% (As of Mar. 2024)


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What is Save Foods 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. Save Foods's annualized ROCE % for the quarter that ended in Mar. 2024 was -59.18%.


Save Foods ROCE % Historical Data

The historical data trend for Save Foods'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.

Save Foods ROCE % Chart

Save Foods Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -973.84 - -147.70 -96.79 -121.43

Save Foods 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 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 -131.16 -64.41 -226.15 -149.91 -59.18

Save Foods ROCE % Calculation

Save Foods'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 )
=-6.911/( ( (6.128 - 0.675) + (6.643 - 0.713) )/ 2 )
=-6.911/( (5.453+5.93)/ 2 )
=-6.911/5.6915
=-121.43 %

Save Foods'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 )
=-3.308/( ( (6.643 - 0.713) + (5.765 - 0.516) )/ 2 )
=-3.308/( ( 5.93 + 5.249 )/ 2 )
=-3.308/5.5895
=-59.18 %

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


Save Foods  (FRA:80W0) 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.


Save Foods ROCE % Related Terms

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Save Foods (FRA:80W0) Business Description

Traded in Other Exchanges
Address
HaPardes 134 Meshek Sander, Neve Yarak, ISR, 4994500
Save Foods Inc is an agri-food tech company specializing in eco-crop protection that reduces food waste and ensures food safety. The company engaged in the business of developing, testing, and marketing solutions and products for extending the storability and shelf life of vegetables and fruits through its subsidiary. The company develops products that treat citrus fruits, sweet potatoes, and stored table potatoes and also provides storage control of fruits and vegetables. It has also started the commercialization of its products. Geographically, it generates the majority of its revenue from the United States and Mexico.

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