DS Smith (LSE:SMDS) ROCE % : 9.81% (As of Oct. 2023)

View and export this data going back to 1986. Start your Free Trial

What is DS Smith 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. DS Smith's annualized ROCE % for the quarter that ended in Oct. 2023 was 9.81%.

DS Smith ROCE % Historical Data

The historical data trend for DS Smith'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.

DS Smith ROCE % Chart

DS Smith Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

Get a 7-Day Free Trial

8.32

7.25

4.85

7.00

11.34

DS Smith Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
ROCE %	Get a 7-Day Free Trial															6.84	7.79	10.33	11.33	9.81

DS Smith ROCE % Calculation

DS Smith's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	722	/	( ( (9886 - 3567)	+	(9457 - 3039) )	/ 2 )
	=	722	/	( (6319	+	6418)	/ 2 )
	=	722	/	6368.5
	=	11.34 %

DS Smith's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	642	/	( ( (9457 - 3039)	+	(9639 - 2967) )	/ 2 )
	=	642	/	( ( 6418	+	6672 )	/ 2 )
	=	642	/	6545
	=	9.81 %

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

DS Smith (LSE:SMDS) 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.

DS Smith ROCE % Related Terms

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

DS Smith (LSE:SMDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » DS Smith PLC (LSE:SMDS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DITHF:USA SMDSl:UK

Address

1 Paddington Square, Level 3, London, GBR, W2 1DL

Website

https://www.dssmith.com

DS Smith PLC manufactures and sells packaging and packaging-related products. The company produces corrugated boards made from recycled paper materials. The firm organizes itself into four segments. The segments are based on geography: U.K., Western Europe, DCH and Northern Europe, and Central Europe and Italy. The Western Europe and Central Europe and Italy segments generate more revenue than any other segment.

DS Smith (LSE:SMDS) Headlines

No Headlines