United Foods Co PSC (DFM:UFC) ROCE % : 17.65% (As of Mar. 2024)

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What is United Foods Co PSC 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. United Foods Co PSC's annualized ROCE % for the quarter that ended in Mar. 2024 was 17.65%.

United Foods Co PSC ROCE % Historical Data

The historical data trend for United Foods Co PSC'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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United Foods Co PSC ROCE % Chart

United Foods Co PSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.26

12.45

2.98

5.91

9.19

United Foods Co PSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															13.84	4.20	5.83	13.00	17.65

United Foods Co PSC ROCE % Calculation

United Foods Co PSC'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 )
	=	31.577	/	( ( (388.222 - 55.55)	+	(414.551 - 59.887) )	/ 2 )
	=	31.577	/	( (332.672	+	354.664)	/ 2 )
	=	31.577	/	343.668
	=	9.19 %

United Foods Co PSC'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: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	63.884	/	( ( (414.551 - 59.887)	+	(438.996 - 69.561) )	/ 2 )
	=	63.884	/	( ( 354.664	+	369.435 )	/ 2 )
	=	63.884	/	362.0495
	=	17.65 %

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

United Foods Co PSC (DFM:UFC) 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.

United Foods Co PSC ROCE % Related Terms

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United Foods Co PSC (DFM:UFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » United Foods Co PSC (DFM:UFC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Quoz 1, P.O. Box 5836, Dubai, ARE

Website

https://www.unitedfoods.ae

United Foods Co PSC is engaged in manufacturing, processing, and marketing of vegetable ghee, cooking oil, margarine, butter products, and fat including trading of other food products. Geographically, It operates in the United Arab Emirates, GCC other than UAE and the rest of the world, out of which the majority is from the United Arab Emirates. The Company operates under the following brands- Aseel, Nawar, Safi, Mumtaz, Della Terra and Super Sun. The company's business units are Oil & Fats, Frozen & Chilled and Water & Beverages.

United Foods Co PSC (DFM:UFC) Headlines

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