Rangpur Dairy & Food Products (DHA:RDFOOD) ROCE % : 14.70% (As of Sep. 2023)

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What is Rangpur Dairy & Food Products 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. Rangpur Dairy & Food Products's annualized ROCE % for the quarter that ended in Sep. 2023 was 14.70%.

Rangpur Dairy & Food Products ROCE % Historical Data

The historical data trend for Rangpur Dairy & Food Products'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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Rangpur Dairy & Food Products ROCE % Chart

Rangpur Dairy & Food Products Annual Data

Trend

Dec13

Dec14

Dec15

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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5.11

3.81

6.45

10.40

11.65

Rangpur Dairy & Food Products Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															14.73	8.91	18.63	3.88	14.70

Rangpur Dairy & Food Products ROCE % Calculation

Rangpur Dairy & Food Products'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 )
	=	147.675	/	( ( (1520.464 - 292.954)	+	(1714.08 - 406.977) )	/ 2 )
	=	147.675	/	( (1227.51	+	1307.103)	/ 2 )
	=	147.675	/	1267.3065
	=	11.65 %

Rangpur Dairy & Food Products's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	195.024	/	( ( (1714.08 - 406.977)	+	(1710.079 - 364.672) )	/ 2 )
	=	195.024	/	( ( 1307.103	+	1345.407 )	/ 2 )
	=	195.024	/	1326.255
	=	14.70 %

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

Rangpur Dairy & Food Products (DHA:RDFOOD) 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.

Rangpur Dairy & Food Products ROCE % Related Terms

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Rangpur Dairy & Food Products (DHA:RDFOOD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rangpur Dairy & Food Products Ltd (DHA:RDFOOD) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

22/19, Khiljee Road, Mohammadpur, Dhaka, BGD, 1207

Website

https://www.rdmilk.com

Rangpur Dairy & Food Products Ltd is engaged in the manufacturing of pasteurized and flavored milk, ghee, butter, mango drinks, fried dal, special toast biscuits, laccha semai, potato chips, jhal muri, and different types of candy and milk products.

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