Spar Group (JSE:SPP) ROCE % : 3.60% (As of Sep. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Spar 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. Spar Group's annualized ROCE % for the quarter that ended in Sep. 2023 was 3.60%.

Spar Group ROCE % Historical Data

The historical data trend for Spar 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.

* Premium members only.

Spar Group ROCE % Chart

Spar Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

Get a 7-Day Free Trial

20.14

17.09

13.95

13.46

7.62

Spar Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															13.78	14.87	12.84	11.53	3.60

Spar Group ROCE % Calculation

Spar 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 )
	=	2377.5	/	( ( (57118.2 - 26316.7)	+	(61595.8 - 29978.2) )	/ 2 )
	=	2377.5	/	( (30801.5	+	31617.6)	/ 2 )
	=	2377.5	/	31209.55
	=	7.62 %

Spar Group's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	1142.6	/	( ( (60434.8 - 28578.6)	+	(61595.8 - 29978.2) )	/ 2 )
	=	1142.6	/	( ( 31856.2	+	31617.6 )	/ 2 )
	=	1142.6	/	31736.9
	=	3.60 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Spar Group (JSE:SPP) 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.

Spar Group ROCE % Related Terms

Thank you for viewing the detailed overview of Spar Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Spar Group (JSE:SPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Spar Group Ltd (JSE:SPP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SGPPY:USA

Address

22 Chancery Lane, P.O. Box 1589, Pinetown, NL, ZAF, 3600

Website

https://www.spar.co.za

Spar Group Ltd is a wholesaler and distributor of goods and services to the group's retail outlets such as SPAR stores, Build it builders' merchandise outlets, TOPS at SPAR liquor stores, and others across Southern Africa. The company also has operations that comprise independently owned SPAR, MACE, XL and Londis stores in Ireland and southwest England. The company provides independent retailers the option to own or lease its stores and operate under the SPAR brand. The Southern Africa segment represents the majority of group revenue, with Ireland contributing an increasing proportion. The company delivers goods to the stores by a fleet of trucks and trailers owned by the SPAR Group. The group has two primary private brands namely SPAR and SaveMor.

Spar Group (JSE:SPP) Headlines

No Headlines