Greif (GEF) ROCE % : 4.73% (As of Jan. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Greif 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. Greif's annualized ROCE % for the quarter that ended in Jan. 2024 was 4.73%.

Greif ROCE % Historical Data

The historical data trend for Greif'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.

Greif ROCE % Chart

Greif Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

ROCE %

Get a 7-Day Free Trial

10.51

6.63

12.68

13.15

12.52

Greif Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															13.27	14.57	12.30	8.65	4.73

Greif ROCE % Calculation

Greif's annualized ROCE % for the fiscal year that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	591	/	( ( (5469.9 - 1047.9)	+	(5960.8 - 939.3) )	/ 2 )
	=	591	/	( (4422	+	5021.5)	/ 2 )
	=	591	/	4721.75
	=	12.52 %

Greif's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	239.2	/	( ( (5960.8 - 939.3)	+	(5969.1 - 882.7) )	/ 2 )
	=	239.2	/	( ( 5021.5	+	5086.4 )	/ 2 )
	=	239.2	/	5053.95
	=	4.73 %

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

Greif (NYSE:GEF) 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.

Greif ROCE % Related Terms

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

Greif (GEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Greif Inc (NYSE:GEF) » Definitions » ROCE %

Comparable Companies

PTVE AMBP OI SEE TRS SLGN MYE PACK KRT SON BALL AVY PKG AMCR WRK IP DUB:SK3 CCK TSX:CCL.A GPK

Traded in Other Exchanges

GEF.B:USA GB6B:Germany

Address

425 Winter Road, Delaware, OH, USA, 43015

Website

https://www.greif.com

Greif Inc is a producer of industrial packaging products and services with manufacturing facilities located in many countries. It offers a comprehensive line of rigid industrial packaging products, such as steel, fiber, and plastic drums, rigid intermediate bulk containers, closure systems for industrial packaging products, transit protection products, water bottles and remanufactured and reconditioned industrial containers, and services, such as container life cycle management, blending, filling, logistics, warehousing, and other packaging services. The company operates in three reportable business segments including Global Industrial Packaging, Paper Packaging and Services, and Land Management. It operates in North and Latin America, Europe, Middle East, Africa and Asia Pacific regions.

Executives

Miller Frank Calhoun V	director	425 WINTER ROAD, DELAWARE OH 43015
Vivian Bouet	officer: VP Chief Inf & Digital Officer	425 WINTER ROAD, DELAWARE OH 43015
Patrick Gerard Mullaney	officer: SVP, Pres. Global Industrial P	425 WINTER ROAD, DELAWARE OH 43015
Roel Vestjens	director	C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Anthony John Krabill	officer: Corporate Treasurer	425 WINTER ROAD, DELAWARE OH 43015
Michael Joseph Taylor	officer: Corporate Controller	425 WINTER ROAD, DELAWARE OH 43015
Matthew Douglas Eichmann	officer: VP, Chief Mktg & Sust. Officer	425 WINTER ROAD, DELAWARE OH 43015
Kimberly Thompson Scott	director	425 WINTER ROAD, DELAWARE OH 43015
Karen Morrison	director	425 WINTER ROAD, DELAWARE OH 43015
Tina R. Schoner	officer: SVP Chief Supply Chain Officer	425 WINTER RD., DELAWARE OH 43015
Kimberly Anne Kellermann	officer: SVP, Global Operations Group	425 WINTER ROAD, DELAWARE OH 43015
Nicholas Joseph Petitti	10 percent owner	200 CIVIC CENTER DRIVE, SUITE 1200, COLUMBUS OH 43215
Robert M Patterson	director	33587 WALKER ROAD, AVON LAKE OH 44012
Bala Sathyanarayanan	officer: SVP, Chief Human Resources Off	425 WINTER RD., DELAWARE OH 43015
Vicki L Avril	director	604 KENMARE DRIVE, BURR RIDGE IL 60527