Bunzl (BZLFF) ROCE % : 13.34% (As of Jun. 2024)

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What is Bunzl 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. Bunzl's annualized ROCE % for the quarter that ended in Jun. 2024 was 13.34%.

Bunzl ROCE % Historical Data

The historical data trend for Bunzl'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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Bunzl ROCE % Chart

Bunzl Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.53

16.25

14.80

14.43

16.02

Bunzl Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															14.39	15.93	15.12	17.59	13.34

Bunzl ROCE % Calculation

Bunzl'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 )
	=	1058.861	/	( ( (10556.395 - 4220.828)	+	(11072.405 - 4190.633) )	/ 2 )
	=	1058.861	/	( (6335.567	+	6881.772)	/ 2 )
	=	1058.861	/	6608.6695
	=	16.02 %

Bunzl's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	901.526	/	( ( (11072.405 - 4190.633)	+	(11826.081 - 5195.802) )	/ 2 )
	=	901.526	/	( ( 6881.772	+	6630.279 )	/ 2 )
	=	901.526	/	6756.0255
	=	13.34 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Bunzl (OTCPK:BZLFF) 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.

Bunzl ROCE % Related Terms

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Bunzl Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Bunzl PLC (OTCPK:BZLFF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BZLFY:USA BNZLl:UK BNZL:UK BUZ1:Germany BUZ1:Germany

Address

45 Seymour Street, York House, London, GBR, W1H 7JT

Website

https://www.bunzl.com

Bunzl PLC is a global distributor of nonfood consumables, including disposable cutlery, cleaning products, and personal protective equipment. The company's geographical segment includes North America; Continental Europe; UK and Ireland and Rest of the World. It derives a majority of its revenue from Foodservice sector.