Domino's Pizza Group (FRA:DKOB) ROCE % : 36.92% (As of Dec. 2023)

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What is Domino's Pizza Group 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. Domino's Pizza Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 36.92%.

Domino's Pizza Group ROCE % Historical Data

The historical data trend for Domino's Pizza Group'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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Domino's Pizza Group ROCE % Chart

Domino's Pizza Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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34.16

33.97

30.72

30.50

45.01

Domino's Pizza Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															30.10	30.30	30.96	58.69	36.92

Domino's Pizza Group ROCE % Calculation

Domino's Pizza Group'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 )
	=	197.909	/	( ( (598.71 - 147.752)	+	(594.889 - 166.453) )	/ 2 )
	=	197.909	/	( (450.958	+	428.436)	/ 2 )
	=	197.909	/	439.697
	=	45.01 %

Domino's Pizza Group's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	150.666	/	( ( (557.413 - 169.566)	+	(594.889 - 166.453) )	/ 2 )
	=	150.666	/	( ( 387.847	+	428.436 )	/ 2 )
	=	150.666	/	408.1415
	=	36.92 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Domino's Pizza Group (FRA:DKOB) 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.

Domino's Pizza Group ROCE % Related Terms

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Domino's Pizza Group (FRA:DKOB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Domino's Pizza Group PLC (FRA:DKOB) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DPUKY:USA DMPZF:USA DOMl:UK DOM:UK DKOB:Germany

Address

1 Thornbury, West Ashland, Milton Keynes, Buckinghamshire, GBR, MK6 4BB

Website

https://investors.dominos.co.uk

Domino's Pizza Group PLC is the UK's pizza brand and a player in the Irish market. The company owns, operates and franchises Domino's stores in the UK and the Republic of Ireland. The company also has an associate investment in Germany and Luxembourg. The company is organised into two geographical business units based on the operating models of the regions, the UK and Ireland. Revenue included in each segment includes all sales made to franchise stores (royalties, sales to franchisees and rental income) and by corporate stores located in that segment.

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