United Breweries Co (XSGO:CCU) ROCE % : 5.84% (As of Dec. 2023)

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What is United Breweries Co 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. United Breweries Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.84%.

United Breweries Co ROCE % Historical Data

The historical data trend for United Breweries Co'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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United Breweries Co ROCE % Chart

United Breweries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.75

8.90

16.58

8.70

6.51

United Breweries Co 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															10.88	14.14	0.97	4.13	5.84

United Breweries Co ROCE % Calculation

United Breweries Co'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 )
	=	180181.236	/	( ( (3595078.979 - 797152.42)	+	(3423946.28 - 687482.634) )	/ 2 )
	=	180181.236	/	( (2797926.559	+	2736463.646)	/ 2 )
	=	180181.236	/	2767195.1025
	=	6.51 %

United Breweries Co'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 )
	=	165264	/	( ( (3611753.28 - 687428.136)	+	(3423946.28 - 687482.634) )	/ 2 )
	=	165264	/	( ( 2924325.144	+	2736463.646 )	/ 2 )
	=	165264	/	2830394.395
	=	5.84 %

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

United Breweries Co (XSGO:CCU) 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.

United Breweries Co ROCE % Related Terms

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United Breweries Co (XSGO:CCU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » United Breweries Co Inc (XSGO:CCU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CCU:USA CVU:Germany

Address

Avenida Vitacura N° 2670, Twenty-Third Floor, Santiago, CHL

Website

https://www.ccu.cl

United Breweries Co Inc is a multi-category beverage company with operations in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. The company is a player in each one of the beverage categories in which it participates in Chile, including beer, soft drinks, mineral and bottled water, juice, wine, cider and pisco, among others. The Company has three operating segment with respect to its revenues in the geographic areas of commercial activity: Chile; International business and Wine. It generates maximum revenue from Chile.