Man Group (STC:MSN) ROCE % : 9.30% (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Man Group 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. Man Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.30%.

Man Group ROCE % Historical Data

The historical data trend for Man Group'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.

* Premium members only.

Man Group ROCE % Chart

Man Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

15.52

8.49

19.19

11.93

10.99

Man Group 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															11.59	12.33	13.62	11.14	9.30

Man Group ROCE % Calculation

Man Group'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 )
	=	9509034	/	( ( (141342815 - 65320877)	+	(147383472 - 50422500) )	/ 2 )
	=	9509034	/	( (76021938	+	96960972)	/ 2 )
	=	9509034	/	86491455
	=	10.99 %

Man Group'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 )
	=	9022244	/	( ( (147383472 - 50422500)	+	(146522417 - 49428183) )	/ 2 )
	=	9022244	/	( ( 96960972	+	97094234 )	/ 2 )
	=	9022244	/	97027603
	=	9.30 %

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

Man Group (STC:MSN) 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.

Man Group ROCE % Related Terms

Thank you for viewing the detailed overview of Man Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Man Group (STC:MSN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Ma San Group Corp (STC:MSN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

17 le Duan Street, Suite 802, Central plaza, Ben nghe Ward, District 1, Ho Chi Minh City, VNM

Website

https://www.masangroup.com

Ma San Group Corp is an investment holding company which manufactures, retails, and distributes food and beverage products in Vietnam. The company has five reportable segment such as branded consumer products, MEATLife: integrated meat products, Hightech materials, Consumer retail, and Others which includes financial services, telecommunication, retail food and beverage chain and others.