ST Group Food Industries Holdings (SGX:DRX) ROCE % : 13.69% (As of Dec. 2023)

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What is ST Group Food Industries Holdings 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. ST Group Food Industries Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.69%.

ST Group Food Industries Holdings ROCE % Historical Data

The historical data trend for ST Group Food Industries Holdings'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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ST Group Food Industries Holdings ROCE % Chart

ST Group Food Industries Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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24.53

10.52

8.91

0.53

10.20

ST Group Food Industries Holdings Semi-Annual Data
	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial										2.95	-2.02	14.00	6.40	13.69

ST Group Food Industries Holdings ROCE % Calculation

ST Group Food Industries Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	3.946	/	( ( (56.189 - 15.524)	+	(51.685 - 15.007) )	/ 2 )
	=	3.946	/	( (40.665	+	36.678)	/ 2 )
	=	3.946	/	38.6715
	=	10.20 %

ST Group Food Industries Holdings'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 )
	=	5.122	/	( ( (51.685 - 15.007)	+	(53.461 - 15.317) )	/ 2 )
	=	5.122	/	( ( 36.678	+	38.144 )	/ 2 )
	=	5.122	/	37.411
	=	13.69 %

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

ST Group Food Industries Holdings (SGX:DRX) 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.

ST Group Food Industries Holdings ROCE % Related Terms

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ST Group Food Industries Holdings (SGX:DRX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » ST Group Food Industries Holdings Ltd (SGX:DRX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

120-130 Turner Street, Port Melbourne, Melbourne, VIC, AUS, 3207

Website

http://www.stgroup.net.au

ST Group Food Industries Holdings Ltd is an investment holding company. The company's operating segment includes Food and beverage retails; Supply chain; Franchise and Others. It generates maximum revenue from the Food and beverage retails segment. The food and beverage retails segment includes operations to all franchise and Group-owned restaurants and stores. Its supply chain segment predominantly includes the manufacturing, procurement and distribution of food, equipment and supplies to restaurants and stores from the group's supply chain center operations in Australia. Geographically, it derives a majority of revenue from Australia and also has a presence in Malaysia; New Zealand, and the United Kingdom.

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