TFF Group (XPAR:TFF) ROCE % : 8.94% (As of Apr. 2023)

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What is TFF 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. TFF Group's annualized ROCE % for the quarter that ended in Apr. 2023 was 8.94%.

TFF Group ROCE % Historical Data

The historical data trend for TFF 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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TFF Group ROCE % Chart

TFF Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

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12.33

10.45

9.35

10.50

14.77

TFF Group Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
ROCE %	Get a 7-Day Free Trial															9.23	9.31	11.92	20.48	8.94

TFF Group ROCE % Calculation

TFF 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 )
	=	76.57	/	( ( (734.999 - 217.997)	+	(843.547 - 323.416) )	/ 2 )
	=	76.57	/	( (517.002	+	520.131)	/ 2 )
	=	76.57	/	518.5665
	=	14.77 %

TFF Group's ROCE % of for the quarter that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2023 )		(Q: Oct. 2022 )		(Q: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2023 )		(Q: Oct. 2022 )		(Q: Apr. 2023 )
	=	46.644	/	( ( (785.696 - 262.576)	+	(843.547 - 323.416) )	/ 2 )
	=	46.644	/	( ( 523.12	+	520.131 )	/ 2 )
	=	46.644	/	521.6255
	=	8.94 %

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

TFF Group (XPAR:TFF) 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.

TFF Group ROCE % Related Terms

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TFF Group (XPAR:TFF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » TFF Group (XPAR:TFF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

5L1:Germany

Address

Saint-Romain, Saint-Romain, FRA, 21190

Website

http://www.tff-group.com

TFF Group is a France-based company operating in the beverage industry. The company is engaged in the manufacturing and distribution of barrels and wood products for the ageing of wines and spirits in France. The company also offers cooperages, staves, and casks. Its principal markets include wines, whiskey, and spirits. The company operates in France, Asia, Europe, United States and others. The company has majority of its turnover from United States.

TFF Group (XPAR:TFF) Headlines

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