Westlife Foodworld (NSE:WESTLIFE) ROCE % : 5.79% (As of Mar. 2024)

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What is Westlife Foodworld 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. Westlife Foodworld's annualized ROCE % for the quarter that ended in Mar. 2024 was 5.79%.

Westlife Foodworld ROCE % Historical Data

The historical data trend for Westlife Foodworld'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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Westlife Foodworld ROCE % Chart

Westlife Foodworld Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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7.59

-3.62

6.67

17.94

11.58

Westlife Foodworld 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															14.48	18.18	11.72	10.42	5.79

Westlife Foodworld ROCE % Calculation

Westlife Foodworld's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	2055.645	/	( ( (20989.13 - 6332.98)	+	(22857.887 - 2025.99) )	/ 2 )
	=	2055.645	/	( (14656.15	+	20831.897)	/ 2 )
	=	2055.645	/	17744.0235
	=	11.58 %

Westlife Foodworld'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 )
	=	1206.52	/	( ( (0 - 0)	+	(22857.887 - 2025.99) )	/ 1 )
	=	1206.52	/	( ( 0	+	20831.897 )	/ 1 )
	=	1206.52	/	20831.897
	=	5.79 %

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

Westlife Foodworld (NSE:WESTLIFE) 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.

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Westlife Foodworld (NSE:WESTLIFE) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Westlife Foodworld Ltd (NSE:WESTLIFE) » Definitions » ROCE %

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505533:India

Address

Senapati Bapat Marg, 1001, Tower 3, 10th Floor, One International Center, Prabhadevi, Mumbai, MH, IND, 400 013

Website

https://www.westlife.co.in

Westlife Foodworld Ltd owns and operates several hundred McDonald's restaurants in western and southern India through a master franchise agreement with McDonald's Corp. The company's sole business segment is quick-service restaurants, and all of its sales are generated in India. The McDonald's menu is customized to cater to Indian tastes, with options such as the McAloo Tikki burger, Veg Pizza McPuff, and the Maharaja Mac. McDonald's restaurants in India serve no beef or pork and isolate vegetarian and nonvegetarian ingredients at all times.

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