Royal Unibrew AS (CHIX:RBREWC) ROCE % : 30.32% (As of Sep. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Royal Unibrew AS 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. Royal Unibrew AS's annualized ROCE % for the quarter that ended in Sep. 2024 was 30.32%.

Royal Unibrew AS ROCE % Historical Data

The historical data trend for Royal Unibrew AS'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.

Royal Unibrew AS ROCE % Chart

Royal Unibrew AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

24.96

25.76

25.53

21.74

14.59

Royal Unibrew AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															18.68	11.66	6.77	21.60	30.32

Royal Unibrew AS ROCE % Calculation

Royal Unibrew AS'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 )
	=	1634	/	( ( (14474 - 4610)	+	(17778 - 5244) )	/ 2 )
	=	1634	/	( (9864	+	12534)	/ 2 )
	=	1634	/	11199
	=	14.59 %

Royal Unibrew AS's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	3560	/	( ( (18627 - 6638)	+	(18100 - 6609) )	/ 2 )
	=	3560	/	( ( 11989	+	11491 )	/ 2 )
	=	3560	/	11740
	=	30.32 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Royal Unibrew AS (CHIX:RBREWc) 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.

Royal Unibrew AS ROCE % Related Terms

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

Royal Unibrew AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Royal Unibrew AS (CHIX:RBREWc) » Definitions » ROCE %

Traded in Other Exchanges

0R6Z:UK RBREW:Denmark 0R1:Germany

Address

Faxe Alle 1, Faxe, DNK, DK-4640

Website

https://www.royalunibrew.com

Royal Unibrew AS produces and sells alcoholic and nonalcoholic beverages including beer, malt beverages, cider, soft drinks, juice, and water. The company's operating segments are Northern Europe, Western Europe and International. The vast majority of the company's revenue comes from its Northern Europe segment, which includes Denmark, Germany, and Italy, Finland, Latvia, Lithuania, and Estonia.

Royal Unibrew AS Headlines

No Headlines