Boxer Retail (JSE:BOX) ROCE %: 43.88% (As of Feb. 2026)


JSE:BOX Boxer Retail Ltd JSE:BOX
18 GF Score
Price R84.78
! 5 Warning Signs
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What is Boxer Retail ROCE %?

Boxer Retail JSE:BOX -0.02% 18 ROCE % is 43.88% as of Feb. 2026. GuruFocus rates JSE:BOX with a GF Score™ of 18/100. The stock has 5 warning signs investors should review.

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. Boxer Retail's annualized ROCE % for the quarter that ended in Feb. 2026 was 43.88%.

Boxer Retail  (JSE:BOX) 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.

Boxer Retail ROCE % Related Terms

Boxer Retail ROCE % Historical Data

* Premium members only.

The historical data trend for Boxer Retail'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.

Boxer Retail ROCE % Chart

Boxer Retail Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
ROCE %
27.66 38.37 43.76 37.88 35.25

Boxer Retail Semi-Annual Data
Feb22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
ROCE % Get a 7-Day Free Trial 50.57 31.03 47.22 26.60 43.88
JSE:BOX
18GF Score
Boxer Retail Ltd JSE:BOX
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Boxer Retail ROCE % Calculation

Boxer Retail's annualized ROCE % for the fiscal year that ended in Feb. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=2661/( ( (12733 - 5791) + (14292 - 6134) )/ 2 )
=2661/( (6942+8158)/ 2 )
=2661/7550
=35.25 %

Boxer Retail's ROCE % of for the quarter that ended in Feb. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=3414/( ( (14460 - 7056) + (14292 - 6134) )/ 2 )
=3414/( ( 7404 + 8158 )/ 2 )
=3414/7781
=43.88 %

(1) Note: The EBIT data used here is two times the semi-annual (Feb. 2026) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 43.88% mean?
Boxer Retail (JSE:BOX) has a ROCE % of 43.88% as of Feb. 2026.
Is Boxer Retail's ROCE % too high?
Boxer Retail's current ROCE % is 43.88%. The Retail - Cyclical industry median ROCE % is 7.58. Boxer Retail's value of 43.88% is 478.9% above this industry median. Overall, Boxer Retail has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Boxer Retail's ROCE % compare to DDS and M?
Boxer Retail's ROCE % of 43.88% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.58. Boxer Retail's value of 43.88% is 478.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Retail - Cyclical company?
The median ROCE % among Retail - Cyclical companies is 7.58, based on 1,117 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Boxer Retail's current ROCE % of 43.88% is 478.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Retail - Cyclical industry, the median ROCE % is 7.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boxer Retail's current ROCE % is 43.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boxer Retail stock overvalued right now?
Boxer Retail (JSE:BOX) has a current ROCE % of 43.88%. The current ROCE % is 43.88% and 478.9% above the Retail - Cyclical industry median of 7.58. Boxer Retail's overall GF Score™ is 18/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Boxer Retail (JSE:BOX), the current ROCE % is 43.88% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Boxer Retail Business Description

Address 41 The Boulevard, PO Box 370, Westend Office Park, Westville, NL, ZAF, 3630
Boxer Retail Ltd is engaged in the retail of food, health and beauty products, general merchandise and liquor, and additional value-added services, in South Africa and Eswatini. The group has one operating segment, namely Boxer Group which includes all retail operations under the Boxer Superstores, Boxer Build and Boxer Liquors brands selling products such as groceries, general merchandise and liquor.
18GF Score

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