Watches of Switzerland Group (LSE:WOSG) ROCE % : 16.23% (As of Oct. 2023)

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What is Watches of Switzerland 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. Watches of Switzerland Group's annualized ROCE % for the quarter that ended in Oct. 2023 was 16.23%.

Watches of Switzerland Group ROCE % Historical Data

The historical data trend for Watches of Switzerland 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.

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Watches of Switzerland Group ROCE % Chart

Watches of Switzerland Group Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

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12.42

4.37

13.19

19.95

20.43

Watches of Switzerland Group Semi-Annual Data
	Apr16	Apr17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
ROCE %	Get a 7-Day Free Trial									21.60	18.89	22.05	18.19	16.23

Watches of Switzerland Group ROCE % Calculation

Watches of Switzerland Group'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 )
	=	178	/	( ( (1030 - 249.8)	+	(1235 - 272.8) )	/ 2 )
	=	178	/	( (780.2	+	962.2)	/ 2 )
	=	178	/	871.2
	=	20.43 %

Watches of Switzerland Group'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 )
	=	159.6	/	( ( (1235 - 272.8)	+	(1306.4 - 302.4) )	/ 2 )
	=	159.6	/	( ( 962.2	+	1004 )	/ 2 )
	=	159.6	/	983.1
	=	16.23 %

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

Watches of Switzerland Group (LSE:WOSG) 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.

Watches of Switzerland Group ROCE % Related Terms

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Watches of Switzerland Group (LSE:WOSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Watches of Switzerland Group PLC (LSE:WOSG) » Definitions » ROCE %

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Traded in Other Exchanges

WOSGF:USA WOSGl:UK 5WS:Germany

Address

2 Elland Road, Aurum House, Braunstone, Leicester, GBR, LE3 1TT

Website

https://www.thewosgroupplc.com

Watches of Switzerland Group PLC is a retailer of luxury watches in the United Kingdom. Other than luxury watch offerings, the company also offers luxury jewellery, fashion, and classic watches and a range of watch and jewellery aftercare services. The company's geographical segments are the United Kingdom and the United States, of which the majority of the revenue comes from the United Kingdom.

Watches of Switzerland Group (LSE:WOSG) Headlines

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