Chemical And Allied Products (NSA:CAPP) ROCE % : 83.62% (As of Mar. 2024)

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What is Chemical And Allied Products 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. Chemical And Allied Products's annualized ROCE % for the quarter that ended in Mar. 2024 was 83.62%.

Chemical And Allied Products ROCE % Historical Data

The historical data trend for Chemical And Allied Products'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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Chemical And Allied Products ROCE % Chart

Chemical And Allied Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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90.50

54.74

40.86

60.38

51.08

Chemical And Allied Products 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															33.60	79.90	24.68	100.74	83.62

Chemical And Allied Products ROCE % Calculation

Chemical And Allied Products'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 )
	=	3934.274	/	( ( (13406.204 - 6470.057)	+	(15373.521 - 6906.761) )	/ 2 )
	=	3934.274	/	( (6936.147	+	8466.76)	/ 2 )
	=	3934.274	/	7701.4535
	=	51.08 %

Chemical And Allied Products'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 )
	=	7613.02	/	( ( (15373.521 - 6906.761)	+	(19412.575 - 9670.513) )	/ 2 )
	=	7613.02	/	( ( 8466.76	+	9742.062 )	/ 2 )
	=	7613.02	/	9104.411
	=	83.62 %

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

Chemical And Allied Products (NSA:CAPP) 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.

Chemical And Allied Products ROCE % Related Terms

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Chemical And Allied Products (NSA:CAPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemical And Allied Products PLC (NSA:CAPP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2, Adeniyi Jones Avenue, P.M.B, Ikeja, Lagos, NGA, 21072

Website

https://www.capplc.com

Chemical And Allied Products PLC operate in the paints and coatings business. It is a manufacturer of the Dulux premium brand of paints and the technological licensee of AkzoNobel. Its product portfolio comprises Dulux Trade, Dulux Decorative, Sandtex, Technical Data Sheets, Caplux, and Metalcare. Geographically, it derives the majority of its revenue from Nigeria and from the sale of paint products.

Chemical And Allied Products (NSA:CAPP) Headlines

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