Century Pacific Food (PHS:CNPF) ROCE % : 22.66% (As of Mar. 2024)

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What is Century Pacific Food 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. Century Pacific Food's annualized ROCE % for the quarter that ended in Mar. 2024 was 22.66%.

Century Pacific Food ROCE % Historical Data

The historical data trend for Century Pacific Food'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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Century Pacific Food ROCE % Chart

Century Pacific Food Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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20.56

23.73

22.97

19.65

19.69

Century Pacific Food 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															22.50	24.72	19.68	13.05	22.66

Century Pacific Food ROCE % Calculation

Century Pacific Food'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 )
	=	7010.307	/	( ( (48333.791 - 14868.139)	+	(51542.094 - 13801.188) )	/ 2 )
	=	7010.307	/	( (33465.652	+	37740.906)	/ 2 )
	=	7010.307	/	35603.279
	=	19.69 %

Century Pacific Food'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 )
	=	8563.668	/	( ( (51542.094 - 13801.188)	+	(53787.285 - 15945.843) )	/ 2 )
	=	8563.668	/	( ( 37740.906	+	37841.442 )	/ 2 )
	=	8563.668	/	37791.174
	=	22.66 %

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

Century Pacific Food (PHS:CNPF) 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.

Century Pacific Food ROCE % Related Terms

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Century Pacific Food (PHS:CNPF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Century Pacific Food Inc (PHS:CNPF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Julia Vargas corner Garnet Street, 7th, 8th, and 19th Floor Centerpoint Building, Ortigas Business Center, Metro Manila, Pasig, PHL, 1605

Website

https://www.centurypacific.com.ph

Century Pacific Food Inc is engaged in buying, selling, processing, canning, packaging, and manufacturing food products such as marine products, animal products, and agricultural crops. The business is divided into seven operating segments: Canned and Processed fish, which consists of tuna, sardines, and other marine products; Canned Meat, which consists of corned beef, meatloaf, and other meat products; Milk, which includes canned milk, powdered milk, and other dairy products; Tuna export which includes private label canned, pouched, and frozen tuna; Coco Water, which contains coconut beverages, coconut oil, and other coconut products; Packaging, which includes packaging products and Corporate, which covers management services and warehousing.

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