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Calgro M3 Holdings (Calgro M3 Holdings) ROCE % : 23.77% (As of Feb. 2024)


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What is Calgro M3 Holdings 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. Calgro M3 Holdings's annualized ROCE % for the quarter that ended in Feb. 2024 was 23.77%.


Calgro M3 Holdings ROCE % Historical Data

The historical data trend for Calgro M3 Holdings'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.

Calgro M3 Holdings ROCE % Chart

Calgro M3 Holdings Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.71 9.07 19.69 21.01 20.96

Calgro M3 Holdings Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 21.80 17.61 26.38 19.23 23.77

Calgro M3 Holdings ROCE % Calculation

Calgro M3 Holdings's annualized ROCE % for the fiscal year that ended in Feb. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Feb. 2024 )  (A: Feb. 2023 )(A: Feb. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Feb. 2024 )  (A: Feb. 2023 )(A: Feb. 2024 )
=17.195/( ( (148.495 - 69.108) + (149.142 - 64.485) )/ 2 )
=17.195/( (79.387+84.657)/ 2 )
=17.195/82.022
=20.96 %

Calgro M3 Holdings's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2024 )  (Q: Aug. 2023 )(Q: Feb. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2024 )  (Q: Aug. 2023 )(Q: Feb. 2024 )
=19.398/( ( (143.606 - 65.039) + (149.142 - 64.485) )/ 2 )
=19.398/( ( 78.567 + 84.657 )/ 2 )
=19.398/81.612
=23.77 %

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


Calgro M3 Holdings  (OTCPK:CLMHF) 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.


Calgro M3 Holdings ROCE % Related Terms

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Calgro M3 Holdings (Calgro M3 Holdings) Business Description

Traded in Other Exchanges
Address
33 Ballyclare Drive, Ballywoods Office Park, Calgro M3 Building, Bryanston, Sandton, Johannesburg, GT, ZAF, 2196
Calgro M3 Holdings Ltd is a South Africa based company engaged in residential property and memorial parks development. It focuses on the lower end of the market and is engaged in large-scale integrated mixed-use projects and supply of rental investments. The group has two operating segments, namely Residential property development; and Memorial Parks. Residential Property development consists of infrastructure development, marketing and sales, construction, and handover to the client. Memorial Parks consists of activities such as land development, burial rights, maintenance services and others. The Residential property development segment constitutes majorly to the total revenue of the company.

Calgro M3 Holdings (Calgro M3 Holdings) Headlines

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