ForFarmers NV (LTS:0RHZ) ROCE % : 8.68% (As of Jun. 2024)

View and export this data going back to 2016. Start your Free Trial

What is ForFarmers 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. ForFarmers NV's annualized ROCE % for the quarter that ended in Jun. 2024 was 8.68%.

ForFarmers NV ROCE % Historical Data

The historical data trend for ForFarmers 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.

* Premium members only.

ForFarmers NV ROCE % Chart

ForFarmers NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

5.55

6.35

4.59

5.24

1.64

ForFarmers NV 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															8.20	2.31	-2.47	5.88	8.68

ForFarmers NV ROCE % Calculation

ForFarmers 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 )
	=	8.1	/	( ( (1020.4 - 500.6)	+	(840.8 - 371.5) )	/ 2 )
	=	8.1	/	( (519.8	+	469.3)	/ 2 )
	=	8.1	/	494.55
	=	1.64 %

ForFarmers NV'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 )
	=	41.2	/	( ( (840.8 - 371.5)	+	(875.2 - 395.7) )	/ 2 )
	=	41.2	/	( ( 469.3	+	479.5 )	/ 2 )
	=	41.2	/	474.4
	=	8.68 %

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

ForFarmers NV (LTS:0RHZ) 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.

ForFarmers NV ROCE % Related Terms

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

ForFarmers NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » ForFarmers NV (LTS:0RHZ) » Definitions » ROCE %

Traded in Other Exchanges

FFARM:Netherlands 5FF:Germany

Address

Kwinkweerd 12, Lochem, NLD, 7241 CW

Website

https://www.forfarmersgroup.eu

ForFarmers NV is a feed company, active in North-West Europe. Its business operations comprise sourcing of ingredients, production, and sale of feed products, the sale of crop products, and associated outbound logistics. It also offers complementary services including advice on animal nutrition and livestock farming and assistance with farm management and business development. The company has Ruminant, Swine, Poultry and Horse, Goat, and Sheep segments. It operates in the Netherlands, Germany, Belgium, Poland, and the United Kingdom.

ForFarmers NV Headlines

No Headlines