Gan Shmuel Foods (XTAE:GSFI) ROCE % : 22.83% (As of Dec. 2023)

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What is Gan Shmuel Foods 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. Gan Shmuel Foods's annualized ROCE % for the quarter that ended in Dec. 2023 was 22.83%.

Gan Shmuel Foods ROCE % Historical Data

The historical data trend for Gan Shmuel Foods'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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Gan Shmuel Foods ROCE % Chart

Gan Shmuel Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.99

2.74

4.49

-0.63

11.69

Gan Shmuel Foods Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-8.97	11.04	9.03	4.31	22.83

Gan Shmuel Foods ROCE % Calculation

Gan Shmuel Foods's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	71.021	/	( ( (805.507 - 212.094)	+	(809.049 - 187.666) )	/ 2 )
	=	71.021	/	( (593.413	+	621.383)	/ 2 )
	=	71.021	/	607.398
	=	11.69 %

Gan Shmuel Foods'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	138.54	/	( ( (792.642 - 200.37)	+	(809.049 - 187.666) )	/ 2 )
	=	138.54	/	( ( 592.272	+	621.383 )	/ 2 )
	=	138.54	/	606.8275
	=	22.83 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Gan Shmuel Foods (XTAE:GSFI) 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.

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Gan Shmuel Foods (XTAE:GSFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Gan Shmuel Foods Ltd (XTAE:GSFI) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Kibbutz Gan Shmuel, Hefer, ISR

Website

http://www.ganshmuel.com

Gan Shmuel Foods Ltd is an Israel based company, engages in the manufacture and sale of citrus fruits for the beverage and food industry. Its products include natural juices, concentrated citrus juices, crystal clear concentrated juices, cloudy citrus concentrates, comminuted citrus juices, citrus bases, pineapple and tropical fruit blends, and tomato products. The company is also involved in providing fruit and vegetable solutions.