Cherkizovo Group PJSC (MIC:GCHE) ROCE %: 31.39% (As of Dec. 2023)

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MIC:GCHE Cherkizovo Group PJSC MIC:GCHE
17 GF Score
Price ₽2,960.00
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What is Cherkizovo Group PJSC ROCE %?

Cherkizovo Group PJSC MIC:GCHE -0.84% 17 ROCE % is 31.39% as of Dec. 2023. GuruFocus rates MIC:GCHE with a GF Score™ of 17/100.

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. Cherkizovo Group PJSC's annualized ROCE % for the quarter that ended in Dec. 2023 was 31.39%.

Cherkizovo Group PJSC  (MIC:GCHE) 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.

Cherkizovo Group PJSC ROCE % Related Terms

Cherkizovo Group PJSC ROCE % Historical Data

* Premium members only.

The historical data trend for Cherkizovo Group PJSC'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.

Cherkizovo Group PJSC ROCE % Chart

Cherkizovo Group PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.75 17.99 18.82 18.28 29.83

Cherkizovo Group PJSC 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.14 17.92 19.59 30.10 31.39
MIC:GCHE
17GF Score
Cherkizovo Group PJSC MIC:GCHE
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cherkizovo Group PJSC ROCE % Calculation

Cherkizovo Group PJSC'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 )
=48462/( ( (259067 - 109950) + (283692 - 107904) )/ 2 )
=48462/( (149117+175788)/ 2 )
=48462/162452.5
=29.83 %

Cherkizovo Group PJSC'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 )
=51532/( ( (265606 - 113082) + (283692 - 107904) )/ 2 )
=51532/( ( 152524 + 175788 )/ 2 )
=51532/164156
=31.39 %

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

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 31.39% mean?
Cherkizovo Group PJSC (MIC:GCHE) has a ROCE % of 31.39% as of Dec. 2023.
Is Cherkizovo Group PJSC's ROCE % too high?
Cherkizovo Group PJSC's current ROCE % is 31.39%. The Consumer Packaged Goods industry median ROCE % is 8.79. Cherkizovo Group PJSC's value of 31.39% is 257.3% above this industry median. Overall, Cherkizovo Group PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Cherkizovo Group PJSC's ROCE % compare to KHC and GIS?
Cherkizovo Group PJSC's ROCE % of 31.39% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.79. Cherkizovo Group PJSC's value of 31.39% is 257.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Consumer Packaged Goods company?
The median ROCE % among Consumer Packaged Goods companies is 8.79, based on 1,942 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cherkizovo Group PJSC's current ROCE % of 31.39% is 257.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Consumer Packaged Goods industry, the median ROCE % is 8.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cherkizovo Group PJSC's current ROCE % is 31.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cherkizovo Group PJSC stock overvalued right now?
Cherkizovo Group PJSC (MIC:GCHE) has a current ROCE % of 31.39%. The current ROCE % is 31.39% and 257.3% above the Consumer Packaged Goods industry median of 8.79. Cherkizovo Group PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Cherkizovo Group PJSC (MIC:GCHE), the current ROCE % is 31.39% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cherkizovo Group PJSC Business Description

Address 1, Cherkizovskaya Street, Topkanovo Village, Kashira, Moscow, RUS, 142931
Cherkizovo Group PJSC is an integrated diversified meat producer in the Russian Federation. Its business segments are Meat Processing, Chicken, Pork, Grain, and Other. The company generates maximum revenue from the Poultry segment. Its Poultry segment operations consist of breeding, raising and processing broilers, as well as sales of chilled and frozen chicken products. The Meat processing segment operations include the production of two distinct product lines: the Sausages product line, which comprises a wide range of processed meat products, including sausages, ham, hot dogs, and the Pork product line, which comprises production and sales of pork meat.
17GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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