PSG Financial Services Limited (JSE:KST) ROCE % : 2.87% (As of Aug. 2024)

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What is PSG Financial Services Limited 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. PSG Financial Services Limited's annualized ROCE % for the quarter that ended in Aug. 2024 was 2.87%.

PSG Financial Services Limited ROCE % Historical Data

The historical data trend for PSG Financial Services Limited'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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PSG Financial Services Limited ROCE % Chart

PSG Financial Services Limited Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

ROCE %

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6.92

26.87

3.59

3.63

28.77

PSG Financial Services Limited Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
ROCE %	Get a 7-Day Free Trial															1.63	4.12	3.20	3.69	2.87

PSG Financial Services Limited ROCE % Calculation

PSG Financial Services Limited's annualized ROCE % for the fiscal year that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	1624.251	/	( ( (88109.268 - 82617.733)	+	(114109.099 - 108308.318) )	/ 2 )
	=	1624.251	/	( (5491.535	+	5800.781)	/ 2 )
	=	1624.251	/	5646.158
	=	28.77 %

PSG Financial Services Limited's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2024 )		(Q: Feb. 2024 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: Feb. 2024 )		(Q: Aug. 2024 )
	=	1823.388	/	( ( (114109.099 - 108308.318)	+	(124306.709 - 3175.89) )	/ 2 )
	=	1823.388	/	( ( 5800.781	+	121130.819 )	/ 2 )
	=	1823.388	/	63465.8
	=	2.87 %

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

PSG Financial Services Limited (JSE:KST) 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.

PSG Financial Services Limited ROCE % Related Terms

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PSG Financial Services Limited Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PSG Financial Services Limited (JSE:KST) » Definitions » ROCE %

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KFS:Namibia

Address

3 Howick Close, 4th Floor, The Edge, Tyger Waterfront, Tyger Valley, Bellville, WC, ZAF, 7530

Website

https://www.psg.co.za

PSG Financial Services Limited is an independent financial services group. Business is executed through three operating divisions: PSG Wealth, PSG Asset Management, and PSG Insure. PSG Wealth provides the group with nearly half of its income, with PSG Insure outweighing PSG Asset Management. Through the Wealth unit, PSG delivers a comprehensive suite of products to individuals, families, and businesses. Some of the PSG Wealth offerings include investment products, stockbroking, estate and trust services, and many other related products. PSG is structured into three segments which are PSG Wealth, generating income from managed and platform assets; PSG Asset Management, deriving income from assets under management; PSG Insure, earning income from premiums and underwriting.

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