Affa FoodOG (MUS:SPFI) ROCE % : 15.47% (As of Mar. 2024)

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What is Affa FoodOG 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. Affa FoodOG's annualized ROCE % for the quarter that ended in Mar. 2024 was 15.47%.

Affa FoodOG ROCE % Historical Data

The historical data trend for Affa FoodOG'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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Affa FoodOG ROCE % Chart

Affa FoodOG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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8.21

5.23

4.10

0.68

5.05

Affa FoodOG Quarterly Data
	Dec17	Mar18	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial															6.08	7.80	6.34	7.56	15.47

Affa FoodOG ROCE % Calculation

Affa FoodOG's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	3.929	/	( ( (102.865 - 23.766)	+	(98.76 - 22.346) )	/ 2 )
	=	3.929	/	( (79.099	+	76.414)	/ 2 )
	=	3.929	/	77.7565
	=	5.05 %

Affa FoodOG's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	12.112	/	( ( (104.53 - 26.855)	+	(100.368 - 21.498) )	/ 2 )
	=	12.112	/	( ( 77.675	+	78.87 )	/ 2 )
	=	12.112	/	78.2725
	=	15.47 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Affa FoodOG (MUS:SPFI) 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.

Affa FoodOG ROCE % Related Terms

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Affa FoodOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » A Saffa Food SAOG (MUS:SPFI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O Box 3436, Ruwi, Muscat, OMN, PC 112

Website

https://www.asaffa.com

A Saffa Food SAOG is an Oman-based company engaged in the manufacturing and distribution of poultry meat. In addition, the company, through its subsidiaries is also involved in the manufacturing and distribution of meat, vegetables and fish products. The products offered by the group include frozen chicken, vegetables, seafood range, fruits and fruit pulps, natural and mineral water, and other related products. The company operates in Oman, and international countries, of which the majority of the revenue is generated within Oman.