Premium Brands Holdings (Premium Brands Holdings) ROCE % : 6.03% (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Premium Brands 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. Premium Brands Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.03%.

Premium Brands Holdings ROCE % Historical Data

The historical data trend for Premium Brands 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.

* Premium members only.

Premium Brands Holdings ROCE % Chart

Premium Brands Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

7.86

6.12

7.07

7.12

6.87

Premium Brands Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															6.29	4.16	8.15	8.74	6.03

Premium Brands Holdings ROCE % Calculation

Premium Brands Holdings'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 )
	=	229.949	/	( ( (3738.388 - 415.753)	+	(3844.738 - 475.477) )	/ 2 )
	=	229.949	/	( (3322.635	+	3369.261)	/ 2 )
	=	229.949	/	3345.948
	=	6.87 %

Premium Brands 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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	203.34	/	( ( (3847.461 - 470.032)	+	(3844.738 - 475.477) )	/ 2 )
	=	203.34	/	( ( 3377.429	+	3369.261 )	/ 2 )
	=	203.34	/	3373.345
	=	6.03 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Premium Brands Holdings (OTCPK:PRBZF) 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.

Premium Brands Holdings ROCE % Related Terms

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

Premium Brands Holdings (Premium Brands Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Premium Brands Holdings Corp (OTCPK:PRBZF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PBH:Canada

Address

100 - 10991 Shellbridge Way, Richmond, BC, CAN, V6X 3C6

Website

https://www.premiumbrandsholdings.com

Premium Brands Holdings Corp is engaged in specialty food manufacturing, premium food distribution, and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, and Washington State. The company's business segments include Specialty Foods, Premium Food Distribution, and Corporate. The Specialty Foods segment consists of its specialty food manufacturing businesses, which contributes about two-thirds of the group revenue; the Premium Food Distribution segment consists of the company's distribution and wholesale businesses; the Corporate segment includes the company's head office activities along with its finance and information systems. Its geographical segments are the United States and Canada.