Rex Trueform Group (JSE:RTO) ROCE % : 13.05% (As of Dec. 2023)

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What is Rex Trueform Group 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. Rex Trueform Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.05%.

Rex Trueform Group ROCE % Historical Data

The historical data trend for Rex Trueform Group'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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Rex Trueform Group ROCE % Chart

Rex Trueform Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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15.00

-10.61

11.50

18.13

20.98

Rex Trueform Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															18.23	18.92	26.86	15.15	13.05

Rex Trueform Group ROCE % Calculation

Rex Trueform Group's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	165.194	/	( ( (827.394 - 164.481)	+	(1097.157 - 185.267) )	/ 2 )
	=	165.194	/	( (662.913	+	911.89)	/ 2 )
	=	165.194	/	787.4015
	=	20.98 %

Rex Trueform Group's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	121.872	/	( ( (1097.157 - 185.267)	+	(1118.666 - 162.261) )	/ 2 )
	=	121.872	/	( ( 911.89	+	956.405 )	/ 2 )
	=	121.872	/	934.1475
	=	13.05 %

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

Rex Trueform Group (JSE:RTO) 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.

Rex Trueform Group ROCE % Related Terms

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Rex Trueform Group (JSE:RTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rex Trueform Group Ltd (JSE:RTO) » Definitions » ROCE %

Comparable Companies

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RTN:South Africa

Address

263 Victoria Road, Unit 1, Rex Trueform Office Park, Salt River, Cape Town, WC, ZAF, 7925

Website

https://www.rextrueform.com

Rex Trueform Group Ltd is a holding company. It is organized into four segments: Retail segment which comprises of the retailing of fashion apparel through Queenspark stores in South Africa. Property segment comprising of the group's property portfolio based in Cape Town, which includes both investment and owner occupied properties. Media and broadcasting segment engaged in the provision of media and satellite equipment and services through Telemedia. Water infrastructure segment comprises of an indirect investment made in a private water and wastewater utility group. The company generates maximum revenue from the Retail segment. The company generates maximum revenue from South Africa itself.

Rex Trueform Group (JSE:RTO) Headlines

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