Nampak (JSE:NPK) ROCE % : 22.99% (As of Mar. 2024)

View and export this data going back to 1969. Start your Free Trial

What is Nampak 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. Nampak's annualized ROCE % for the quarter that ended in Mar. 2024 was 22.99%.

Nampak ROCE % Historical Data

The historical data trend for Nampak'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.

Nampak ROCE % Chart

Nampak Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

Get a 7-Day Free Trial

2.11

-30.18

8.24

5.89

-27.30

Nampak Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial															11.74	-0.25	-12.07	-46.82	22.99

Nampak ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	-2875.5	/	( ( (17852.7 - 6311.2)	+	(13910.8 - 4388.3) )	/ 2 )
	=	-2875.5	/	( (11541.5	+	9522.5)	/ 2 )
	=	-2875.5	/	10532
	=	-27.30 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	1990.6	/	( ( (13910.8 - 4388.3)	+	(12000.7 - 4208.1) )	/ 2 )
	=	1990.6	/	( ( 9522.5	+	7792.6 )	/ 2 )
	=	1990.6	/	8657.55
	=	22.99 %

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

Nampak (JSE:NPK) 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.

Nampak ROCE % Related Terms

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

Nampak Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Nampak Ltd (JSE:NPK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Georgian Crescent East, Nampak House, Hampton Office Park, Bryanston, Sandton, Johannesburg, GT, ZAF, 2191

Website

https://www.nampak.com

Nampak Ltd offers packaging products across metal, plastic and paper substrates and is Africa's diversified packaging manufacturer. The company operates into three segments: Metals, Plastic and Paper, out of which maximum revenue is generated from Metal segment. The majority of revenue comes from South Africa.