KAL Group (JSE:KAL) ROCE % : 27.72% (As of Mar. 2024)

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What is KAL Group 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. KAL Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 27.72%.

KAL Group ROCE % Historical Data

The historical data trend for KAL Group'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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KAL Group ROCE % Chart

KAL Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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24.85

19.52

17.84

19.85

24.95

KAL Group Semi-Annual Data
	Sep14	Sep15	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial													24.43	15.19	27.03	18.97	27.72

KAL Group ROCE % Calculation

KAL Group's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	971.475	/	( ( (8338.752 - 4476.349)	+	(8289.718 - 4363.287) )	/ 2 )
	=	971.475	/	( (3862.403	+	3926.431)	/ 2 )
	=	971.475	/	3894.417
	=	24.95 %

KAL Group'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: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	1185.008	/	( ( (8289.718 - 4363.287)	+	(8371.164 - 3748.511) )	/ 2 )
	=	1185.008	/	( ( 3926.431	+	4622.653 )	/ 2 )
	=	1185.008	/	4274.542
	=	27.72 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

KAL Group (JSE:KAL) 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.

KAL Group ROCE % Related Terms

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KAL Group (JSE:KAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » KAL Group Ltd (JSE:KAL) » Definitions » ROCE %

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Address

1 Westhoven Street, Cape Winelands, Paarl, WC, ZAF, 7646

Website

https://www.kaapagri.co.za

Kaap Agri Ltd engages in the retail and trading of agricultural, and fuel, and related products. Its segments include the Agrimark segment which derives the majority of its revenue provides a range of production inputs, mechanization equipment and services, and other goods to agricultural producers as well as the public, The Retail Fuel and Convenience provides a full retail fuel offering to a diverse range of customers, including a convenience store and quick service restaurant outlets; Agrimark Grain segment includes the sale of grain products and provides a complete range of services including storage and handling of grain products and the Manufacturing segment manufactures and sells dripper pipe, other irrigation equipment, food-grade plastic bulk bins for the agricultural market.

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