Just Eat Takeaway.com NV (Just Eat Takeaway.com NV) ROCE % : -36.13% (As of Dec. 2023)

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What is Just Eat Takeaway.com NV 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. Just Eat Takeaway.com NV's annualized ROCE % for the quarter that ended in Dec. 2023 was -36.13%.

Just Eat Takeaway.com NV ROCE % Historical Data

The historical data trend for Just Eat Takeaway.com NV'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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Just Eat Takeaway.com NV ROCE % Chart

Just Eat Takeaway.com NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-9.21

-2.56

-7.26

-39.64

-20.46

Just Eat Takeaway.com NV Semi-Annual Data
	Dec13	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															-7.08	-44.49	-35.37	-4.94	-36.13

Just Eat Takeaway.com NV ROCE % Calculation

Just Eat Takeaway.com NV's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-2151.581	/	( ( (13123.941 - 1491.525)	+	(11092.694 - 1690.294) )	/ 2 )
	=	-2151.581	/	( (11632.416	+	9402.4)	/ 2 )
	=	-2151.581	/	10517.408
	=	-20.46 %

Just Eat Takeaway.com NV'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 )
	=	-3733.914	/	( ( (12817.985 - 1549.296)	+	(11092.694 - 1690.294) )	/ 2 )
	=	-3733.914	/	( ( 11268.689	+	9402.4 )	/ 2 )
	=	-3733.914	/	10335.5445
	=	-36.13 %

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

Just Eat Takeaway.com NV (OTCPK:JTKWY) 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.

Just Eat Takeaway.com NV ROCE % Related Terms

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Just Eat Takeaway.com NV (Just Eat Takeaway.com NV) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Just Eat Takeaway.com NV (OTCPK:JTKWY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TKAYF:USA TKWY:Netherlands TKWYa:UK JET:UK T5W:Germany TKWY:Austria

Address

Piet Heinkade 61, Amsterdam, NLD, 1019 GM

Website

https://www.takeaway.com

Just Eat Takeaway operates an online marketplace that connects restaurants with users in Europe and North America. The company operates mainly as an order-only marketplace, although it also offers last-mile delivery services. The company is the result of the merger of Just Eat and Takeaway.com in early 2020. The company had close to 985 million orders and a gross transaction value of EUR 28.2 billion in fiscal 2022. Excluding the U.S. after the recent acquisition of Grubhub, the company's largest geographical presence by revenue is in the U.K., Germany, Canada, and the Netherlands.