Les Eaux Minerales d'Oulmes (CAS:OUL) ROCE % : 13.06% (As of Dec. 2023)

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What is Les Eaux Minerales d'Oulmes 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. Les Eaux Minerales d'Oulmes's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.06%.

Les Eaux Minerales d'Oulmes ROCE % Historical Data

The historical data trend for Les Eaux Minerales d'Oulmes'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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Les Eaux Minerales d'Oulmes ROCE % Chart

Les Eaux Minerales d'Oulmes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.78

3.17

7.87

7.49

10.82

Les Eaux Minerales d'Oulmes Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															13.79	7.34	8.09	7.24	13.06

Les Eaux Minerales d'Oulmes ROCE % Calculation

Les Eaux Minerales d'Oulmes'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 )
	=	183.094	/	( ( (2690.275 - 1133.574)	+	(3003.097 - 1174.987) )	/ 2 )
	=	183.094	/	( (1556.701	+	1828.11)	/ 2 )
	=	183.094	/	1692.4055
	=	10.82 %

Les Eaux Minerales d'Oulmes'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	241.936	/	( ( (3175.172 - 1297.889)	+	(3003.097 - 1174.987) )	/ 2 )
	=	241.936	/	( ( 1877.283	+	1828.11 )	/ 2 )
	=	241.936	/	1852.6965
	=	13.06 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Les Eaux Minerales d'Oulmes (CAS:OUL) 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.

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Les Eaux Minerales d'Oulmes (CAS:OUL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Les Eaux Minerales d'Oulmes SA (CAS:OUL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrial zone of Bouskoura, Casablanca, MAR, 20180

Website

http://www.leseauxmineralesdoulmes.ma

Les Eaux Minerales d'Oulmes SA is engaged in production and distribution of mineral water. Its products include natural mineral water under the brands Sidi Ali and Ain Atlas; natural sparkling mineral water under the brands Oulmes and Oulmes fruity bubbles; and table water under the brand Bahia.

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