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Chapel Down Group (LSE:CDGP) ROCE % : 23.79% (As of Dec. 2023)


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What is Chapel Down 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. Chapel Down Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 23.79%.


Chapel Down Group ROCE % Historical Data

The historical data trend for Chapel Down 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.

Chapel Down Group ROCE % Chart

Chapel Down Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only -5.62 3.28 3.54 3.62 5.95

Chapel Down Group Quarterly Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only -22.47 13.10 14.16 14.46 23.79

Chapel Down Group ROCE % Calculation

Chapel Down Group'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 )
=2.5/( ( (46.461 - 5.096) + (51.119 - 8.42) )/ 2 )
=2.5/( (41.365+42.699)/ 2 )
=2.5/42.032
=5.95 %

Chapel Down Group'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: Dec. 2022 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=10/( ( (46.461 - 5.096) + (51.119 - 8.42) )/ 2 )
=10/( ( 41.365 + 42.699 )/ 2 )
=10/42.032
=23.79 %

(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.


Chapel Down Group  (LSE:CDGP) 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.


Chapel Down Group ROCE % Related Terms

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Chapel Down Group (LSE:CDGP) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Small Hythe Road, Chapel Down Winery, Tenterden, Kent, GBR, TN30 7NG
Chapel Down Group PLC operates in the beverage industry in the United Kingdom. The company is engaged as a producer and supplier of sparkling wine and still wine. Its product categories are wines, vodka, and brandy and the product portfolio of the company include Chapel Down Bacchus Gin, Brandy and Glasses Gift sets, and Chapel Down Chardonnay Vodka. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in Rest of Europe and Rest of the world.

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