YeboYethu (JSE:YYLBEE) ROCE % : -8.28% (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is YeboYethu 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. YeboYethu's annualized ROCE % for the quarter that ended in Mar. 2024 was -8.28%.

YeboYethu ROCE % Historical Data

The historical data trend for YeboYethu'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.

YeboYethu ROCE % Chart

YeboYethu Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

12.11

14.23

29.26

-21.54

-15.73

YeboYethu Semi-Annual Data
	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													26.43	-47.74	5.39	-23.04	-8.28

YeboYethu ROCE % Calculation

YeboYethu's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-1987.293	/	( ( (13980.198 - 4.09)	+	(11292.774 - 4.124) )	/ 2 )
	=	-1987.293	/	( (13976.108	+	11288.65)	/ 2 )
	=	-1987.293	/	12632.379
	=	-15.73 %

YeboYethu'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 )
	=	-968.88	/	( ( (12116.636 - 6.477)	+	(11292.774 - 4.124) )	/ 2 )
	=	-968.88	/	( ( 12110.159	+	11288.65 )	/ 2 )
	=	-968.88	/	11699.4045
	=	-8.28 %

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

YeboYethu (JSE:YYLBEE) 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.

YeboYethu ROCE % Related Terms

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

YeboYethu Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » YeboYethu Ltd (JSE:YYLBEE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

082 Vodacom Boulevard, Vodacom Corporate Park, Midrand, Johannesburg, GT, ZAF, 1685

Website

https://www.yeboyethu.co.za

YeboYethu Ltd is a special purpose company formed for the purpose is to buy and hold Vodacom SA ordinary shares and Vodacom SA A shares for the benefit of shareholders. Vodacom SA is a mobile communications network operator in South Africa by a number of customers and revenue. The principal activities of the company are to carry on the business of acquiring and holding shares in Vodacom Group and receive and distribute dividends and other distributions received by it pursuant to its holding in Vodacom Group.

YeboYethu Headlines

No Headlines