Shaver Shop Group (ASX:SSG) ROCE % : 36.66% (As of Dec. 2023)

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What is Shaver Shop 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. Shaver Shop Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 36.66%.

Shaver Shop Group ROCE % Historical Data

The historical data trend for Shaver Shop 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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Shaver Shop Group ROCE % Chart

Shaver Shop Group Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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15.14

19.16

28.20

26.67

25.98

Shaver Shop Group Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial										40.29	11.81	40.20	9.34	36.66

Shaver Shop Group ROCE % Calculation

Shaver Shop Group'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 )
	=	24.716	/	( ( (127.716 - 33.031)	+	(124.654 - 29.096) )	/ 2 )
	=	24.716	/	( (94.685	+	95.558)	/ 2 )
	=	24.716	/	95.1215
	=	25.98 %

Shaver Shop Group'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 )
	=	35.802	/	( ( (124.654 - 29.096)	+	(147.188 - 47.449) )	/ 2 )
	=	35.802	/	( ( 95.558	+	99.739 )	/ 2 )
	=	35.802	/	97.6485
	=	36.66 %

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

Shaver Shop Group (ASX:SSG) 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.

Shaver Shop Group ROCE % Related Terms

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Shaver Shop Group (ASX:SSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shaver Shop Group Ltd (ASX:SSG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1341 Dandenong Road, Level 1, Chadstone Tower One, Chadstone, VIC, AUS, 3148

Website

https://www.shavershop.com.au

Shaver Shop Group Ltd operates in one segment, the retail sales of specialist personal grooming products through their corporate and online stores. It offers products such as electric shavers, beard trimmers, hair clippers, body groomers, manual shavers, ladies' hair shavers, and pet clippers, trimmers and blades. Geographically it holds stores in Australia and New Zealand.

Shaver Shop Group (ASX:SSG) Headlines

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