Omani Euro Food Industries (MUS:OEFI) ROCE % : 4.52% (As of Mar. 2018)

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What is Omani Euro Food Industries 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. Omani Euro Food Industries's annualized ROCE % for the quarter that ended in Mar. 2018 was 4.52%.

Omani Euro Food Industries ROCE % Historical Data

The historical data trend for Omani Euro Food Industries'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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Omani Euro Food Industries ROCE % Chart

Omani Euro Food Industries Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

ROCE %

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-1.89

-3.95

-1.82

0.92

Omani Euro Food Industries Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
ROCE %	Get a 7-Day Free Trial															6.17	-0.91	0.46	-2.70	4.52

Omani Euro Food Industries ROCE % Calculation

Omani Euro Food Industries's annualized ROCE % for the fiscal year that ended in Dec. 2017 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	0.022	/	( ( (4.154 - 1.505)	+	(4.11 - 1.982) )	/ 2 )
	=	0.022	/	( (2.649	+	2.128)	/ 2 )
	=	0.022	/	2.3885
	=	0.92 %

Omani Euro Food Industries's ROCE % of for the quarter that ended in Mar. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2018 )		(Q: Dec. 2017 )		(Q: Mar. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2018 )		(Q: Dec. 2017 )		(Q: Mar. 2018 )
	=	0.096	/	( ( (4.11 - 1.982)	+	(4.081 - 1.957) )	/ 2 )
	=	0.096	/	( ( 2.128	+	2.124 )	/ 2 )
	=	0.096	/	2.126
	=	4.52 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2018) EBIT data.

Omani Euro Food Industries (MUS:OEFI) 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.

Omani Euro Food Industries ROCE % Related Terms

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Omani Euro Food Industries (MUS:OEFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Omani Euro Food Industries (MUS:OEFI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jawharat Al Shatti, P.O. Box 23, Sultanate of Oman, OMN, 134

Website

http://www.babyfoodoman.com

Omani Euro Food Industries is a health food manufacturing company in Oman. It is engaged in the manufacturing and marketing of baby foods and related products. The company offers a range of baby food and nutritional food under the brand name of Mother's Choice. It is also involved in the contract manufacturing of baby cereals, biscuits, rusks and health drink powder for other food brands. Its products are exported to many countries in Gulf Cooperation Council, Africa, and Asia.

Omani Euro Food Industries (MUS:OEFI) Headlines

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