The Convenience Shop Holding (MAL:CVS) ROCE % : 15.76% (As of Dec. 2023)

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What is The Convenience Shop Holding 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. The Convenience Shop Holding's annualized ROCE % for the quarter that ended in Dec. 2023 was 15.76%.

The Convenience Shop Holding ROCE % Historical Data

The historical data trend for The Convenience Shop Holding'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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The Convenience Shop Holding ROCE % Chart

The Convenience Shop Holding Annual Data

Trend

Dec22

Dec23

ROCE %

15.47

15.62

The Convenience Shop Holding Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
ROCE %	-	18.89	15.18	15.76

The Convenience Shop Holding ROCE % Calculation

The Convenience Shop Holding'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 )
	=	3.927	/	( ( (33.617 - 10.573)	+	(38.79 - 11.546) )	/ 2 )
	=	3.927	/	( (23.044	+	27.244)	/ 2 )
	=	3.927	/	25.144
	=	15.62 %

The Convenience Shop Holding'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 )
	=	4.162	/	( ( (36.542 - 10.953)	+	(38.79 - 11.546) )	/ 2 )
	=	4.162	/	( ( 25.589	+	27.244 )	/ 2 )
	=	4.162	/	26.4165
	=	15.76 %

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

The Convenience Shop Holding (MAL:CVS) 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.

The Convenience Shop Holding ROCE % Related Terms

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The Convenience Shop Holding (MAL:CVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Convenience Shop Holding PLC (MAL:CVS) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Mdina Road, Marant Food Products, Zebbug, MLT, 9017

Website

https://www.theconvenienceshop.com

The Convenience Shop Holding PLC operates and franchises grocery stores in the fast-moving consumer goods ('FMCG') industry. Through its subsidiaries, the Company manages a chain of retail outlets under The Convenience Shop brand in various locations across Malta. The Group currently operates approximately 40 shops of which 4 shops are owned by minority shareholders and 1 shop (The Convenience Shop for Puttinu Cares Ltd) is operated for charity.