Weis Markets (Weis Markets) ROCE % : 6.93% (As of Dec. 2023)

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What is Weis Markets 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. Weis Markets's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.93%.

Weis Markets ROCE % Historical Data

The historical data trend for Weis Markets'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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Weis Markets ROCE % Chart

Weis Markets Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.64

11.42

9.65

9.88

8.28

Weis Markets 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															8.37	8.05	11.11	7.11	6.93

Weis Markets ROCE % Calculation

Weis Markets'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 )
	=	137.186	/	( ( (1959.15 - 345.351)	+	(2039.632 - 340.782) )	/ 2 )
	=	137.186	/	( (1613.799	+	1698.85)	/ 2 )
	=	137.186	/	1656.3245
	=	8.28 %

Weis Markets'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 )
	=	117.088	/	( ( (1934.819 - 253.786)	+	(2039.632 - 340.782) )	/ 2 )
	=	117.088	/	( ( 1681.033	+	1698.85 )	/ 2 )
	=	117.088	/	1689.9415
	=	6.93 %

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

Weis Markets (NYSE:WMK) 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.

Weis Markets ROCE % Related Terms

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Weis Markets (Weis Markets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Weis Markets Inc (NYSE:WMK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1000 S. Second Street, P.O. Box 471, Sunbury, PA, USA, 17801-0471

Website

https://www.weismarkets.com

Weis Markets Inc is a U.S.-based company that is principally engaged in retailing food products in Pennsylvania and surrounding states. The company's products consist of center-store goods, fresh goods, pharmacy services, fuel, and other. The center-store goods include groceries, dairy products, frozen foods, alcoholic beverage, and general merchandise items. The fresh goods include meats, seafood, floral, prepared foods, and bakery products. The center-store goods and fresh goods jointly account for the majority of the company's total revenue.

Executives

Robert G. Gleeson	officer: SVP, Merchandising & Marketing	1000 SOUTH 2ND STREET, PO BOX 471, SUNBURY PA 17801
Kurt A Schertle	officer: Sr. VP Merch. and Marketing	1000 SOUTH SECOND STREET, P.O. BOX 471, SUNBURY PA 17801-0471
Michael T Lockard	officer: SVP, CFO and Treasurer	1000 SOUTH 2ND STREET, PO BOX 471, SUNBURY PA 17801
Jennifer Weis	other: Member of a 10% owner group	C/O WEIS MARKETS, INC., 1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801
Zeh Richard Gregory Jr	officer: SVP, Chief Information Officer	1000 SOUTH 2ND STREET, PO BOX 471, SUNBURY PA 17801
Scott F Frost	officer: SVP, Chief Financial Officer	1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801
Wayne S Bailey	officer: Vice President Grocery Merch.
Jonathan H Weis	director, officer: Vice President and Secretary
Dennis G Hatchell	director	305 GREGSON DRIVE, CARY NC 27511
Gerrald B Silverman	director	207 CROSS STREET, BELMONT MA 02478
Lauth Edward John Iii	director	485 SCENERY DRIVE, STATE COLLEGE PA 16801
Harold G Graber	officer: Vice President Real Estate
Patricia R. Weis Marital Trust	10 percent owner	C/O WEIS MARKETS, INC., 1000 SOUTH, SECOND STREET, P.O. BOX 471, SUNBURY PA 17801
Weis Collen Ross	other: Member of a 10% owner group	C/O WEIS MARKETS, INC., 1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801
Kathryn Jane Zox	other: Member of a 10% owner group	1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801