Blue Label Telecoms (JSE:BLU) ROCE % : 23.96% (As of Nov. 2024)

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What is Blue Label Telecoms 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. Blue Label Telecoms's annualized ROCE % for the quarter that ended in Nov. 2024 was 23.96%.

Blue Label Telecoms ROCE % Historical Data

The historical data trend for Blue Label Telecoms'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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Blue Label Telecoms ROCE % Chart

Blue Label Telecoms Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

ROCE %

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20.11

39.86

38.03

19.84

25.66

Blue Label Telecoms Semi-Annual Data
	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
ROCE %	Get a 7-Day Free Trial															9.62	24.84	31.92	27.18	23.96

Blue Label Telecoms ROCE % Calculation

Blue Label Telecoms's annualized ROCE % for the fiscal year that ended in May. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2024 )		(A: May. 2023 )		(A: May. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2024 )		(A: May. 2023 )		(A: May. 2024 )
	=	1943.976	/	( ( (14718.31 - 8031.576)	+	(15137.339 - 6673.349) )	/ 2 )
	=	1943.976	/	( (6686.734	+	8463.99)	/ 2 )
	=	1943.976	/	7575.362
	=	25.66 %

Blue Label Telecoms's ROCE % of for the quarter that ended in Nov. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2024 )		(Q: May. 2024 )		(Q: Nov. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2024 )		(Q: May. 2024 )		(Q: Nov. 2024 )
	=	2031.644	/	( ( (15137.339 - 6673.349)	+	(15535.537 - 7037.684) )	/ 2 )
	=	2031.644	/	( ( 8463.99	+	8497.853 )	/ 2 )
	=	2031.644	/	8480.9215
	=	23.96 %

(1) Note: The EBIT data used here is two times the semi-annual (Nov. 2024) EBIT data.

Blue Label Telecoms (JSE:BLU) 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.

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Blue Label Telecoms Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Blue Label Telecoms Ltd (JSE:BLU) » Definitions » ROCE %

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N/A

Address

75 Grayston Drive, Corner Benmore Road, Morningside Extension 5, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.bluelabeltelecoms.co.za

Blue Label Telecoms Ltd is a technology company. It derives revenue from the distribution of airtime and mobile transaction services. It operates through four segments: African Distribution, International, Solutions and Corporate. African distribution includes the distribution of physical and virtual prepaid airtime and electricity of the South African telecommunication and utilities companies. International includes the distribution of physical and virtual prepaid airtime in India and Mexico and payment solutions in India. Solutions include the provision of a mobile transactional platform and the marketing of mobile and financial products. The company generates the vast majority of its revenue in South Africa.