GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bic (CHIX:BBp) » Definitions » ROCE %

Bic (CHIX:BBP) ROCE % : 12.99% (As of Dec. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Bic 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. Bic's annualized ROCE % for the quarter that ended in Dec. 2024 was 12.99%.


Bic ROCE % Historical Data

The historical data trend for Bic'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.

* Premium members only.

Bic ROCE % Chart

Bic Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.86 24.84 14.26 15.63 13.76

Bic Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.61 16.92 14.70 15.17 12.99

Bic ROCE % Calculation

Bic's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=289.7/( ( (2647.337 - 586.3) + (2834.5 - 684.6) )/ 2 )
=289.7/( (2061.037+2149.9)/ 2 )
=289.7/2105.4685
=13.76 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=270.4/( ( (2701.2 - 687.3) + (2834.5 - 684.6) )/ 2 )
=270.4/( ( 2013.9 + 2149.9 )/ 2 )
=270.4/2081.9
=12.99 %

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

* 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.


Bic  (CHIX:BBp) 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.


Bic ROCE % Related Terms

Thank you for viewing the detailed overview of Bic's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bic Business Description

Traded in Other Exchanges
Address
12 Boulevard Victor Hugo, Clichy Cedex, Paris, FRA, 92110
Bic SA Bic SA manufactures and markets writing instruments lighters shavers advertising and promotional products in France and globally. The company offers its products through various channels stationery stores office supplies companies convenience stores distributors wholesalers cash and carry stores and e-commerce. Its products include BIC 3 BIC Comfort 3 BIC EasyHybrid 3blade BIC Flex range BIC Flex Hybrid range BIC Pure 3 Lady BIC Soleil and Others. By net sales, the majority of the market is in North America followed by Europe and the developing markets of the Middle East Africa Latin America, and Asia.

Bic Headlines