Ellies Holdings (JSE:ELI) ROCE % : -12,805.25% (As of Oct. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Ellies 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. Ellies Holdings's annualized ROCE % for the quarter that ended in Oct. 2023 was -12,805.25%.

Ellies Holdings ROCE % Historical Data

The historical data trend for Ellies 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.

Ellies Holdings ROCE % Chart

Ellies Holdings Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

Get a 7-Day Free Trial

-11.24

-26.31

23.10

-21.31

-44.91

Ellies Holdings Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
ROCE %	Get a 7-Day Free Trial															-20.43	-21.39	-36.69	-43.21	-12,805.25

Ellies Holdings ROCE % Calculation

Ellies Holdings's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	-65.719	/	( ( (452.885 - 215.104)	+	(419.561 - 364.683) )	/ 2 )
	=	-65.719	/	( (237.781	+	54.878)	/ 2 )
	=	-65.719	/	146.3295
	=	-44.91 %

Ellies Holdings's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	-117.04	/	( ( (419.561 - 364.683)	+	(235.56 - 288.61) )	/ 2 )
	=	-117.04	/	( ( 54.878	+	-53.05 )	/ 2 )
	=	-117.04	/	0.91399999999999
	=	-12,805.25 %

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

Ellies Holdings (JSE:ELI) 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.

Ellies Holdings ROCE % Related Terms

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

Ellies Holdings (JSE:ELI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ellies Holdings Ltd (JSE:ELI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Brooklyn Place, 3 Centex Close, Kramerville, Sandton, Johannesburg, GT, ZAF, 2090

Website

https://www.ellies.co.za

Ellies Holdings Ltd is engaged in manufacturing, trading and distribution of a diverse range of products and services, inclusive of Digital Terrestrial Television and satellite products and related accessories, electrical, signal distribution, residential and commercial LED lighting solutions, solar PV, sound and AV equipment distribution and installation. It operates through trading and distribution segment that sources and markets both locally and internationally. Geographically, the company derives revenue from South Africa, Botswana, Namibia, Eswatini, the maximum revenue is derived from South Africa.

Ellies Holdings (JSE:ELI) Headlines

No Headlines