Jamieson Wellness (TSX:JWEL) ROCE % : 0.01% (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Jamieson Wellness 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. Jamieson Wellness's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.01%.

Jamieson Wellness ROCE % Historical Data

The historical data trend for Jamieson Wellness'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.

Jamieson Wellness ROCE % Chart

Jamieson Wellness Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

10.82

12.53

14.00

10.90

9.07

Jamieson Wellness 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															6.10	6.57	7.20	15.85	0.01

Jamieson Wellness ROCE % Calculation

Jamieson Wellness'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 )
	=	88.455	/	( ( (1107.263 - 154.805)	+	(1143.574 - 145.329) )	/ 2 )
	=	88.455	/	( (952.458	+	998.245)	/ 2 )
	=	88.455	/	975.3515
	=	9.07 %

Jamieson Wellness'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 )
	=	0.12	/	( ( (1143.574 - 145.329)	+	(1131.862 - 115.957) )	/ 2 )
	=	0.12	/	( ( 998.245	+	1015.905 )	/ 2 )
	=	0.12	/	1007.075
	=	0.01 %

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

Jamieson Wellness (TSX:JWEL) 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.

Jamieson Wellness ROCE % Related Terms

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

Jamieson Wellness (TSX:JWEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jamieson Wellness Inc (TSX:JWEL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

JWLLF:USA 2JW:Germany

Address

1 Adelaide Street East, Suite 2200, Toronto, ON, CAN, M5C 2V9

Website

http://www.jamiesonwellness.com

Jamieson Wellness Inc is engaged in the manufacturing, distributing, and marketing of branded natural health products, including vitamins, minerals, and supplements. The company operates in two segments: The Jamieson brands and The Strategic Partners. The majority of its revenue comes from the Jamieson brand segment. Some of its brands are Jamieson, Progressive, Precision, and Iron Vegan. Geographically, most of its revenue is derived from the domestic market.

Executives

Donald Bird

Senior Officer