B&G Foods (STU:DHR) ROCE % : 5.33% (As of Dec. 2023)

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What is B&G 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. B&G Foods's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.33%.

B&G Foods ROCE % Historical Data

The historical data trend for B&G 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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B&G Foods ROCE % Chart

B&G Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.10

8.18

5.85

3.06

2.45

B&G 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															7.30	7.08	5.69	-8.74	5.33

B&G Foods ROCE % Calculation

B&G 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 )
	=	77.211	/	( ( (3626.479 - 256.328)	+	(3175.837 - 240.637) )	/ 2 )
	=	77.211	/	( (3370.151	+	2935.2)	/ 2 )
	=	77.211	/	3152.6755
	=	2.45 %

B&G 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 )
	=	155.936	/	( ( (3707.568 - 789.824)	+	(3175.837 - 240.637) )	/ 2 )
	=	155.936	/	( ( 2917.744	+	2935.2 )	/ 2 )
	=	155.936	/	2926.472
	=	5.33 %

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

B&G Foods (STU:DHR) 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.

B&G Foods ROCE % Related Terms

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B&G Foods (STU:DHR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » B&G Foods Inc (STU:DHR) » Definitions » ROCE %

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BGS:USA

Address

Four Gatehall Drive, Parsippany, NJ, USA, 07054

Website

https://www.bgfoods.com

B&G Foods Inc is an American packaged-food manufacturer. The company sells its products in the United States, Canada, and Puerto Rico. The company's main brands are Ac'cent, B&G, B&M, Baker's Joy, Bear Creek Country Kitchens, Cary's, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Durkee, Emeril's, Grandma's Molasses, MacDonald's, Mama Mary's, Maple Grove Farms, Regina, Sa-son, Sclafani, Smart Puffs, Spice Islands, Spring Tree, and Wright's. The company distributes its products through multiple channels to supermarkets, wholesalers, mass merchants, warehouse clubs, and food service distributors, among others.