Pernod Ricard (LTS:0HAT) ROCE % : 2.90% (As of Jun. 2024)

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What is Pernod Ricard 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. Pernod Ricard's annualized ROCE % for the quarter that ended in Jun. 2024 was 2.90%.

Pernod Ricard ROCE % Historical Data

The historical data trend for Pernod Ricard'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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Pernod Ricard ROCE % Chart

Pernod Ricard Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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3.63

8.25

10.21

10.61

8.76

Pernod Ricard Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															6.70	16.57	4.52	14.57	2.90

Pernod Ricard ROCE % Calculation

Pernod Ricard's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	2747	/	( ( (37676 - 6935)	+	(39185 - 7241) )	/ 2 )
	=	2747	/	( (30741	+	31944)	/ 2 )
	=	2747	/	31342.5
	=	8.76 %

Pernod Ricard's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	926	/	( ( (38737 - 6772)	+	(39185 - 7241) )	/ 2 )
	=	926	/	( ( 31965	+	31944 )	/ 2 )
	=	926	/	31954.5
	=	2.90 %

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

Pernod Ricard (LTS:0HAT) 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.

Pernod Ricard ROCE % Related Terms

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Pernod Ricard Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Pernod Ricard SA (LTS:0HAT) » Definitions » ROCE %

Traded in Other Exchanges

PRNDY:USA PDRDF:USA RIp:UK RI:France PER:Germany RI:Austria

Address

5, Cours Paul Ricard, Paris, FRA, 75008

Website

https://www.pernod-ricard.com

Pernod Ricard was formed in 1975 through the merger of Pernod, founded in 1805 and Ricard, created in 1932. Through acquisitions, the firm has grown to become the world's second-largest distiller by volume, behind Diageo. Pernod Ricard possesses the most comprehensive spirits portfolio globally, distributing over 240 brands across 160 countries. Flagship spirits brands include Absolut vodka, Beefeater gin, Chivas Regal and The Glenlivet scotch whisky, Jameson Irish whiskey, Malibu rum, and Martell cognac. The firm has also shed noncore assets over the years, including several wine brands in 2024.

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