Woolworths Holdings (Woolworths Holdings) ROCE % : 24.34% (As of Dec. 2023)

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

What is Woolworths 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. Woolworths Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 24.34%.

Woolworths Holdings ROCE % Historical Data

The historical data trend for Woolworths 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.

Woolworths Holdings ROCE % Chart

Woolworths Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

-2.35

10.36

18.98

13.80

17.86

Woolworths Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															12.68	15.30	19.37	23.58	24.34

Woolworths Holdings ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	363.621	/	( ( (3546.072 - 910.499)	+	(2092.687 - 655.809) )	/ 2 )
	=	363.621	/	( (2635.573	+	1436.878)	/ 2 )
	=	363.621	/	2036.2255
	=	17.86 %

Woolworths 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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	352.926	/	( ( (2092.687 - 655.809)	+	(2143.532 - 680.306) )	/ 2 )
	=	352.926	/	( ( 1436.878	+	1463.226 )	/ 2 )
	=	352.926	/	1450.052
	=	24.34 %

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

Woolworths Holdings (OTCPK:WLWHY) 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.

Woolworths Holdings ROCE % Related Terms

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

Woolworths Holdings (Woolworths Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Woolworths Holdings Ltd (OTCPK:WLWHY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

WHL:South Africa WN3:Germany

Address

93 Longmarket Street, Woolworths House, Cape Town, WC, ZAF, 8001

Website

https://www.woolworthsholdings.co.za

Woolworths Holdings Ltd is a South Africa-based retail group. Forty percent of revenue (including concession sales) is generated in Australasia. The group has three main operating divisions: Woolworths South Africa, based in South Africa and operating across 11 countries in sub-Saharan Africa, and David Jones and Country Road Group, both based in Australia. Woolworths Financial Services is a joint venture between Woolworths and Barclays Africa Group; Barclays is supervising the credit policy, risk, and funding aspects, while Woolworths is leading the customer integration.

Woolworths Holdings (Woolworths Holdings) Headlines

From GuruFocus

Unraveling Woolworths Holdings Ltd's Dividend Performance: An Insightful Analysis

By GuruFocus Research • 09-21-2023