Fesh Fash Snack Food Production Co (SAU:9515) ROCE % : 13.78% (As of Dec. 2023)

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What is Fesh Fash Snack Food Production Co 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. Fesh Fash Snack Food Production Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.78%.

Fesh Fash Snack Food Production Co ROCE % Historical Data

The historical data trend for Fesh Fash Snack Food Production Co'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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Fesh Fash Snack Food Production Co ROCE % Chart

Fesh Fash Snack Food Production Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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30.13

23.36

9.55

10.84

15.60

Fesh Fash Snack Food Production Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial					-6.72	27.78	-6.20	16.88	13.78

Fesh Fash Snack Food Production Co ROCE % Calculation

Fesh Fash Snack Food Production Co'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 )
	=	2.906	/	( ( (23.616 - 6.364)	+	(27.909 - 7.904) )	/ 2 )
	=	2.906	/	( (17.252	+	20.005)	/ 2 )
	=	2.906	/	18.6285
	=	15.60 %

Fesh Fash Snack Food Production Co'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	2.716	/	( ( (25.94 - 6.514)	+	(27.909 - 7.904) )	/ 2 )
	=	2.716	/	( ( 19.426	+	20.005 )	/ 2 )
	=	2.716	/	19.7155
	=	13.78 %

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

Fesh Fash Snack Food Production Co (SAU:9515) 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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Fesh Fash Snack Food Production Co (SAU:9515) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fesh Fash Snack Food Production Co (SAU:9515) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Kharj Road 90621, New Industrial Area, Riyadh, SAU, 11623

Website

https://www.feshfashfood.com

Fesh Fash Snack Food Production Co is engaged in the manufacture of food products manufactured from potatoes, including potato chips, and the manufacture of cereal breakfast foods in the form of chips including corn flakes, chips, etc.

Fesh Fash Snack Food Production Co (SAU:9515) Headlines

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