Omnia Holdings (JSE:OMN) ROCE % : 14.02% (As of Sep. 2023)

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What is Omnia Holdings 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. Omnia Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was 14.02%.

Omnia Holdings ROCE % Historical Data

The historical data trend for Omnia Holdings'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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Omnia Holdings ROCE % Chart

Omnia Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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0.76

7.99

10.25

15.70

18.15

Omnia Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															13.77	18.33	15.70	21.14	14.02

Omnia Holdings ROCE % Calculation

Omnia Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	1997	/	( ( (16011 - 5188)	+	(16835 - 5651) )	/ 2 )
	=	1997	/	( (10823	+	11184)	/ 2 )
	=	1997	/	11003.5
	=	18.15 %

Omnia Holdings's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	1566	/	( ( (16835 - 5651)	+	(17750 - 6590) )	/ 2 )
	=	1566	/	( ( 11184	+	11160 )	/ 2 )
	=	1566	/	11172
	=	14.02 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Omnia Holdings (JSE:OMN) 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.

Omnia Holdings ROCE % Related Terms

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Omnia Holdings (JSE:OMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Omnia Holdings Ltd (JSE:OMN) » Definitions » ROCE %

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OHZ:Germany

Address

Omnia House, Building H, Monte Circle Office Park, 178 Montecasino Boulevard, Fourways, Sandton, Johannesburg, GT, ZAF, 2191

Website

https://www.omnia.co.za

Omnia Holdings Ltd is a holding company that, through its subsidiaries, manufactures and sells a variety of chemicals and chemical-based products. The firm's three segments are based on the end customer. The mining segment sells explosives and mining accessories to the mining, quarrying, and construction industries. The agriculture segment which generates the majority of revenue sells fertilizers and nutrients to the agricultural industry. The chemicals segment sells chemicals used to treat drinking water as well as chemicals used to produce renewable energy materials and animal nutrition products. The vast majority of revenue comes from Africa.