Colruyt Group NV (CHIX:COLRB) ROCE % : 10.52% (As of Mar. 2024)

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

What is Colruyt Group NV 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. Colruyt Group NV's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.52%.

Colruyt Group NV ROCE % Historical Data

The historical data trend for Colruyt Group NV'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.

Colruyt Group NV ROCE % Chart

Colruyt Group NV Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

21.83

18.27

11.76

8.23

30.79

Colruyt Group NV Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial															9.54	6.72	10.39	49.76	10.52

Colruyt Group NV ROCE % Calculation

Colruyt Group NV's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	1195.5	/	( ( (6147.6 - 2573.6)	+	(6571.2 - 2380.1) )	/ 2 )
	=	1195.5	/	( (3574	+	4191.1)	/ 2 )
	=	1195.5	/	3882.55
	=	30.79 %

Colruyt Group NV's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	444.2	/	( ( (6688.1 - 2437.6)	+	(6571.2 - 2380.1) )	/ 2 )
	=	444.2	/	( ( 4250.5	+	4191.1 )	/ 2 )
	=	444.2	/	4220.8
	=	10.52 %

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

Colruyt Group NV (CHIX:COLRb) 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.

Colruyt Group NV ROCE % Related Terms

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

Colruyt Group NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Colruyt Group NV (CHIX:COLRb) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CUYTY:USA 0N4Y:UK EFC1:Germany COLR:Belgium

Address

Edingensesteenweg 196, Wilgenveld, Halle, BEL, B-1500

Website

https://www.colruytgroup.com

Colruyt NV Formerly Etablissementen Franz Colruyt NV is a Belgian-based family owned food retailer with nearly 30,000 employees and more than 530 stores (460 stores in Belgium and 76 in France) that traces its origins back to 1928. Aside from its flagship Colruyt supermarkets in Belgium and Luxembourg (60% of sales), it generates 16% of sales under separate banners from neighbourhood stores, biosupermarkets, covered markets, and family and seasonal stores. Its food service and wholesale businesses account for a further 18% of sales. Colruyt also owns DATS 24 filling stations, and a green energy business, generating electricity from wind turbines, solar panels, and biomass.

Colruyt Group NV Headlines

No Headlines