Dixons Retail (LSE:DXNS) ROCE % : 25.06% (As of Apr. 2014)

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

What is Dixons Retail 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. Dixons Retail's annualized ROCE % for the quarter that ended in Apr. 2014 was 25.06%.

Dixons Retail ROCE % Historical Data

The historical data trend for Dixons Retail'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.

Dixons Retail ROCE % Chart

Dixons Retail Annual Data

Trend

Apr05

Apr06

Apr07

May08

Apr09

Apr10

Apr11

Apr12

Apr13

Apr14

ROCE %

Get a 7-Day Free Trial

9.09

-9.35

-4.65

10.72

15.58

Dixons Retail Semi-Annual Data
	Oct07	Oct08	Apr09	Oct09	Apr10	Oct10	Apr11	Oct11	Apr12	Oct12	Apr13	Oct13	Apr14
ROCE %	Get a 7-Day Free Trial								-12.88	4.05	17.51	7.64	25.06

Dixons Retail ROCE % Calculation

Dixons Retail's annualized ROCE % for the fiscal year that ended in Apr. 2014 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2014 )		(A: Apr. 2013 )		(A: Apr. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2014 )		(A: Apr. 2013 )		(A: Apr. 2014 )
	=	173.1	/	( ( (3004.7 - 1807)	+	(2515.1 - 1491.1) )	/ 2 )
	=	173.1	/	( (1197.7	+	1024)	/ 2 )
	=	173.1	/	1110.85
	=	15.58 %

Dixons Retail's ROCE % of for the quarter that ended in Apr. 2014 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2014 )		(Q: Oct. 2013 )		(Q: Apr. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2014 )		(Q: Oct. 2013 )		(Q: Apr. 2014 )
	=	260.2	/	( ( (3073.2 - 2020.8)	+	(2515.1 - 1491.1) )	/ 2 )
	=	260.2	/	( ( 1052.4	+	1024 )	/ 2 )
	=	260.2	/	1038.2
	=	25.06 %

(1) Note: The EBIT data used here is two times the semi-annual (Apr. 2014) EBIT data.

Dixons Retail (LSE:DXNS) 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.

Dixons Retail ROCE % Related Terms

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

Dixons Retail (LSE:DXNS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Dixons Retail PLC (LSE:DXNS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.dixonsretail.com

Dixons Retail PLC is an electrical retailer and service company which sell consumer electronics, personal computers, domestic appliances, photographic equipment, communication products and related services. The Group's reportable segments are; UK & Ireland comprises of electrical and computing retail chains as well as business to business activities. The division is engaged in multi-channel retail sales, associated peripherals and services and related financial and after sales services and also in business to business sales of computer hardware and software; Nordics operates in Norway, Sweden, Finland, Denmark, Iceland, Greenland and the Faroe Islands. The division engages in multi-channel retail sales and provided related product support services to its customers; Other International comprises operations in Italy, Greece, the Czech Republic, Slovakia, Turkey and the business to be closed in Spain which is excluded from underlying results. The Other International division engages in retail sales and provides related product support services to its customers in all of its markets; and Pure play e-commerce comprises pure play online retailers and operates in all of the countries in which the other divisions operate and across Europe.

Dixons Retail (LSE:DXNS) Headlines

No Headlines