Brighton Pier Group (The) (LSE:PIER) ROCE % : -10.60% (As of Jun. 2023)

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What is Brighton Pier Group (The) 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. Brighton Pier Group (The)'s annualized ROCE % for the quarter that ended in Jun. 2023 was -10.60%.

Brighton Pier Group (The) ROCE % Historical Data

The historical data trend for Brighton Pier Group (The)'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.

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Brighton Pier Group (The) ROCE % Chart

Brighton Pier Group (The) Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

ROCE %

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8.71

8.52

8.55

-20.10

9.09

Brighton Pier Group (The) Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
ROCE %	Get a 7-Day Free Trial															12.07	7.26	26.34	4.75	-10.60

Brighton Pier Group (The) ROCE % Calculation

Brighton Pier Group (The)'s annualized ROCE % for the fiscal year that ended in Jun. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2021 )		(A: Jun. 2020 )		(A: Jun. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2021 )		(A: Jun. 2020 )		(A: Jun. 2021 )
	=	5.137	/	( ( (59.453 - 6.159)	+	(76.043 - 16.293) )	/ 2 )
	=	5.137	/	( (53.294	+	59.75)	/ 2 )
	=	5.137	/	56.522
	=	9.09 %

Brighton Pier Group (The)'s ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Jun. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Jun. 2022 )		(Q: Jun. 2023 )
	=	-6.296	/	( ( (74.523 - 13.438)	+	(69.68 - 11.934) )	/ 2 )
	=	-6.296	/	( ( 61.085	+	57.746 )	/ 2 )
	=	-6.296	/	59.4155
	=	-10.60 %

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

Brighton Pier Group (The) (LSE:PIER) 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.

Brighton Pier Group (The) ROCE % Related Terms

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Brighton Pier Group (The) (LSE:PIER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Brighton Pier Group (The) PLC (LSE:PIER) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 Drury Lane, London, GBR, WC2B 5RR

Website

https://www.brightonpiergroup.com

Brighton Pier Group (The) PLC acts as an operator of premium bars trading in major towns and cities across the United Kingdom. The company's operating segment includes Brighton Palace Pier, Golf, Bars, and Lightwater Valley. It generates maximum revenue from the Brighton Palace Pier segment.

Brighton Pier Group (The) (LSE:PIER) Headlines

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