Bata Pakistan (KAR:BATA) ROCE % : 10.54% (As of Sep. 2024)

View and export this data going back to 1979. Start your Free Trial

What is Bata Pakistan 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. Bata Pakistan's annualized ROCE % for the quarter that ended in Sep. 2024 was 10.54%.

Bata Pakistan ROCE % Historical Data

The historical data trend for Bata Pakistan'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.

Bata Pakistan ROCE % Chart

Bata Pakistan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

23.44

-1.32

14.84

21.80

22.52

Bata Pakistan Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															15.61	25.67	23.64	25.98	10.54

Bata Pakistan ROCE % Calculation

Bata Pakistan'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 )
	=	2018.493	/	( ( (16342.563 - 7022.9)	+	(16549.152 - 7939.374) )	/ 2 )
	=	2018.493	/	( (9319.663	+	8609.778)	/ 2 )
	=	2018.493	/	8964.7205
	=	22.52 %

Bata Pakistan'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	941.76	/	( ( (16216.892 - 7370.896)	+	(16987.944 - 7969.256) )	/ 2 )
	=	941.76	/	( ( 8845.996	+	9018.688 )	/ 2 )
	=	941.76	/	8932.342
	=	10.54 %

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

Bata Pakistan (KAR:BATA) 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.

Bata Pakistan ROCE % Related Terms

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

Bata Pakistan Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bata Pakistan Ltd (KAR:BATA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

G.T. Road, P.O. Batapur, Batapur, Lahore, PB, PAK, 53400

Website

https://www.bata.com.pk

Bata Pakistan Ltd is engaged in the manufacturing and sale of footwear of all kinds along with the sale of accessories and hosiery items. It operates through four segments Retail, Wholesale, Export, and Others. Its products are for women, men, and kids under categories, such as athletics, casual, comfort, fashion, dress shoes, sandals and slippers, boys, girls, and school shoes. It derives the maximum revenue from the Retail segment. Its Retail segment includes information relating to sales made from the retail stores of the company.

Bata Pakistan Headlines

No Headlines