We Buy Cars Holding (JSE:WBC) ROCE % : 23.00% (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is We Buy Cars Holding 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. We Buy Cars Holding's annualized ROCE % for the quarter that ended in Sep. 2024 was 23.00%.

We Buy Cars Holding ROCE % Historical Data

The historical data trend for We Buy Cars Holding'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.

We Buy Cars Holding ROCE % Chart

We Buy Cars Holding Annual Data

Trend

Mar21

Sep23

Sep24

ROCE %

49.81

23.00

We Buy Cars Holding Semi-Annual Data
	Mar21	Sep23	Sep24
ROCE %	-	49.81	23.00

We Buy Cars Holding ROCE % Calculation

We Buy Cars Holding's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	768.063	/	( ( (4257.444 - 862.092)	+	(4186.861 - 903.511) )	/ 2 )
	=	768.063	/	( (3395.352	+	3283.35)	/ 2 )
	=	768.063	/	3339.351
	=	23.00 %

We Buy Cars Holding's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Sep. 2023 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Sep. 2023 )		(Q: Sep. 2024 )
	=	768.063	/	( ( (4257.444 - 862.092)	+	(4186.861 - 903.511) )	/ 2 )
	=	768.063	/	( ( 3395.352	+	3283.35 )	/ 2 )
	=	768.063	/	3339.351
	=	23.00 %

(1) Note: The EBIT data used here is one times the annual (Sep. 2024) EBIT data.

We Buy Cars Holding (JSE:WBC) 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.

We Buy Cars Holding ROCE % Related Terms

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

We Buy Cars Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » We Buy Cars Holding Ltd (JSE:WBC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Byls Bridge Boulevard, Building 7, Byls Bridge Office Park, Centurion, GT, ZAF, 0046

Website

https://www.webuycars.co.za

We Buy Cars Holding Ltd is engaged in vehicle buying service. The company's offering extends beyond the buying and selling of vehicles. It offers finance solutions, insurance products, and services to protect the customer's car. It generates the majority of its revenue from the sale of motor vehicles.