Portmeirion Group (LSE:PMP) ROCE % : -21.04% (As of Dec. 2023)

View and export this data going back to 1988. Start your Free Trial

What is Portmeirion Group 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. Portmeirion Group's annualized ROCE % for the quarter that ended in Dec. 2023 was -21.04%.

Portmeirion Group ROCE % Historical Data

The historical data trend for Portmeirion Group'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.

Portmeirion Group ROCE % Chart

Portmeirion Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

13.29

0.75

8.97

10.42

-9.43

Portmeirion Group Semi-Annual Data
	Jun14	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															13.90	3.26	17.64	1.56	-21.04

Portmeirion Group ROCE % Calculation

Portmeirion Group'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 )
	=	-6.715	/	( ( (104.502 - 26.954)	+	(88.646 - 23.818) )	/ 2 )
	=	-6.715	/	( (77.548	+	64.828)	/ 2 )
	=	-6.715	/	71.188
	=	-9.43 %

Portmeirion Group'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 )
	=	-14.61	/	( ( (102.663 - 28.613)	+	(88.646 - 23.818) )	/ 2 )
	=	-14.61	/	( ( 74.05	+	64.828 )	/ 2 )
	=	-14.61	/	69.439
	=	-21.04 %

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

Portmeirion Group (LSE:PMP) 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.

Portmeirion Group ROCE % Related Terms

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

Portmeirion Group (LSE:PMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Portmeirion Group PLC (LSE:PMP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

London Road, Stoke-on-Trent, GBR, ST4 7QQ

Website

https://www.portmeiriongroup.com

Portmeirion Group PLC offers ceramic homeware products like tableware, cookware, giftware, and tabletop accessories. The group operates under two reportable segments - PUK and North America. Its ceramic line of business offers products under different brands which include Portmeirion, Spode, Royal Worcester, and Pimpernel. The company operates in the United Kingdom and the United States and has a distributor network across South Korea, India, Taiwan, and Thailand. It sells products through its own retail shops and websites. Majority of the revenues are derived from the United States.

Portmeirion Group (LSE:PMP) Headlines

No Headlines