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BMTC Group (TSX:GBT) ROCE % : 1.43% (As of Jan. 2024)


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What is BMTC 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. BMTC Group's annualized ROCE % for the quarter that ended in Jan. 2024 was 1.43%.


BMTC Group ROCE % Historical Data

The historical data trend for BMTC 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.

BMTC Group ROCE % Chart

BMTC Group Annual Data
Trend Dec14 Dec15 Dec16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.11 22.93 22.98 9.96 -3.19

BMTC Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.24 -14.69 0.78 -0.35 1.43

BMTC Group ROCE % Calculation

BMTC Group's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=-15.62/( ( (581.964 - 112.26) + (621.029 - 110.355) )/ 2 )
=-15.62/( (469.704+510.674)/ 2 )
=-15.62/490.189
=-3.19 %

BMTC Group's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=7.176/( ( (594.35 - 101.663) + (621.029 - 110.355) )/ 2 )
=7.176/( ( 492.687 + 510.674 )/ 2 )
=7.176/501.6805
=1.43 %

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

* 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.


BMTC Group  (TSX:GBT) 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.


BMTC Group ROCE % Related Terms

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BMTC Group (TSX:GBT) Business Description

Traded in Other Exchanges
N/A
Address
8500, Place Marien, Montreal-East, QC, CAN, H1B 5W8
BMTC Group Inc is a holding company. The company through its subsidiaries manages and operates furniture and household and electronic appliance retail sales networks in Quebec. It manages and operates a retail network of furniture. The Company considers its retail activities as a single operating segment.

BMTC Group (TSX:GBT) Headlines

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