Dis-Chem Pharmacies (JSE:DCP) ROCE %: 16.15% (As of Feb. 2026)


JSE:DCP Dis-Chem Pharmacies Ltd JSE:DCP
88 GF Score
Price R33.49
GF Value R38.03
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Dis-Chem Pharmacies ROCE %?

Dis-Chem Pharmacies JSE:DCP +1.82% 88 ROCE % is 16.15% as of Feb. 2026. GuruFocus rates JSE:DCP with a GF Score™ of 88/100 and a GF Value™ of R38.03 (Modestly Undervalued). 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. Dis-Chem Pharmacies's annualized ROCE % for the quarter that ended in Feb. 2026 was 16.15%.

Dis-Chem Pharmacies  (JSE:DCP) 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.

Dis-Chem Pharmacies ROCE % Related Terms

Dis-Chem Pharmacies ROCE % Historical Data

* Premium members only.

The historical data trend for Dis-Chem Pharmacies'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.

Dis-Chem Pharmacies ROCE % Chart

Dis-Chem Pharmacies Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.96 26.04 23.91 24.75 20.89

Dis-Chem Pharmacies Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.49 25.38 24.45 25.41 16.15
JSE:DCP
88GF Score
Dis-Chem Pharmacies Ltd JSE:DCP
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dis-Chem Pharmacies ROCE % Calculation

Dis-Chem Pharmacies'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 )
=1948.7/( ( (19256.941 - 10177.823) + (20738.283 - 11163.051) )/ 2 )
=1948.7/( (9079.118+9575.232)/ 2 )
=1948.7/9327.175
=20.89 %

Dis-Chem Pharmacies'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 )
=1538.792/( ( (19369.697 - 9885.637) + (20738.283 - 11163.051) )/ 2 )
=1538.792/( ( 9484.06 + 9575.232 )/ 2 )
=1538.792/9529.646
=16.15 %

(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 16.15% mean?
Dis-Chem Pharmacies (JSE:DCP) has a ROCE % of 16.15% as of Feb. 2026.
Is Dis-Chem Pharmacies' ROCE % too high?
Dis-Chem Pharmacies' current ROCE % is 16.15%. The Healthcare Providers & Services industry median ROCE % is 6.41. Dis-Chem Pharmacies' value of 16.15% is 152% above this industry median. Overall, Dis-Chem Pharmacies has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dis-Chem Pharmacies' ROCE % compare to competitors?
Dis-Chem Pharmacies' ROCE % of 16.15% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROCE % is 6.41. Dis-Chem Pharmacies' value of 16.15% is 152% 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 Healthcare Providers & Services company?
The median ROCE % among Healthcare Providers & Services companies is 6.41, based on 648 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. Dis-Chem Pharmacies's current ROCE % of 16.15% is 152% 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 Healthcare Providers & Services industry, the median ROCE % is 6.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dis-Chem Pharmacies's current ROCE % is 16.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dis-Chem Pharmacies stock overvalued right now?
Based on GuruFocus' analysis, Dis-Chem Pharmacies (JSE:DCP) is currently considered Modestly Undervalued. The stock's GF Value™ is R38.03, compared to a current price of R33.49 — trading 11.9% below its estimated fair value. The current ROCE % is 16.15% and 152% above the Healthcare Providers & Services industry median of 6.41. Dis-Chem Pharmacies' overall GF Score™ is 88/100 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 Dis-Chem Pharmacies (JSE:DCP), the current ROCE % is 16.15% 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.

Is Dis-Chem Pharmacies (JSE:DCP) Overvalued in 2026?

Based on GuruFocus' analysis, Dis-Chem Pharmacies stock appears to be undervalued. The current stock price of R33.49 is trading 11.9% below its estimated GF Value™ of R38.03. GuruFocus considers Dis-Chem Pharmacies to be Modestly Undervalued.

Key valuation signals for JSE:DCP:

  • ROCE %: 16.15%
  • GF Value™: R38.03 vs. price of R33.49 (11.9% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 152% above the Healthcare Providers & Services median

No single metric tells the full story. See the JSE:DCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Dis-Chem Pharmacies Business Description

Address 23 Stag Road, Glen Austin, Midrand, Johannesburg, GT, ZAF, 1685
Dis-Chem Pharmacies Ltd is a pharmaceutical company based in South Africa. Its product portfolio includes personal care products, beauty products, healthcare and nutrition products, and dispensary and baby care products. The operating segments of the group are Retail and Wholesale. It derives maximum revenue from the Retail segment, which includes company stores, retailers of pharmaceuticals and a variety of health and beauty products, as well as pharma-logistic services and oncology and retailers of pharmaceutical products. The Wholesale segment consists of the CJ wholesale and company distribution businesses, wholesalers of pharmaceuticals, and a variety of health and beauty products. Geographically, the group carries out its business operations principally in South Africa.
88GF Score

Get the complete analysis for JSE:DCP

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R33.49
Price
R38.03
GF Value