Minerva (BSP:BEEF3) ROCE % : 16.15% (As of Mar. 2025)

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What is Minerva 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. Minerva's annualized ROCE % for the quarter that ended in Mar. 2025 was 16.15%.

Minerva ROCE % Historical Data

The historical data trend for Minerva'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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Minerva ROCE % Chart

Minerva Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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19.99

13.70

12.33

12.28

6.90

Minerva Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
ROCE %	Get a 7-Day Free Trial															11.07	14.48	14.46	-11.88	16.15

Minerva ROCE % Calculation

Minerva's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	1532.716	/	( ( (28594.154 - 9746.503)	+	(42141.896 - 16573.215) )	/ 2 )
	=	1532.716	/	( (18847.651	+	25568.681)	/ 2 )
	=	1532.716	/	22208.166
	=	6.90 %

Minerva's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	4063.312	/	( ( (42141.896 - 16573.215)	+	(40181.432 - 15436.134) )	/ 2 )
	=	4063.312	/	( ( 25568.681	+	24745.298 )	/ 2 )
	=	4063.312	/	25156.9895
	=	16.15 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

Minerva (BSP:BEEF3) 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.

Minerva ROCE % Related Terms

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Minerva Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Minerva SA (BSP:BEEF3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MRVSY:USA M0V:Germany

Address

Avenida Antonio Manco Bernardes s/n, Chacara Minerva, Barretos, SP, BRA, 14781-545

Website

https://www.minervafoods.com

Minerva SA produces and markets beef and other meat products out of South America. The company's activities include the slaughtering of livestock and processing of meat, the sale of fresh chilled, frozen, and processed meat and the exporting of live cattle. It has several different facilities to help with processing. Slaughtering and boning plants acquire the livestock and kick-start the process. A processing plant works on turning raw materials into finished products, and distribution centers are located around the globe to ensure quality and timely deliveries. International trading offices are strategically placed to help strengthen relationships in different regions.

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