AFC Group Holdings (NZSE:AFC) ROCE % : -51.44% (As of Sep. 2024)

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What is AFC Group Holdings 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. AFC Group Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was -51.44%.

AFC Group Holdings ROCE % Historical Data

The historical data trend for AFC Group Holdings'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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AFC Group Holdings ROCE % Chart

AFC Group Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-34.29

-52.00

-59.00

-22.72

25.05

AFC Group Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															26.63	-67.70	-49.16	113.71	-51.44

AFC Group Holdings ROCE % Calculation

AFC Group Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	0.122	/	( ( (1.882 - 1.37)	+	(2.003 - 1.541) )	/ 2 )
	=	0.122	/	( (0.512	+	0.462)	/ 2 )
	=	0.122	/	0.487
	=	25.05 %

AFC Group Holdings's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	-0.196	/	( ( (2.003 - 1.541)	+	(2.155 - 1.855) )	/ 2 )
	=	-0.196	/	( ( 0.462	+	0.3 )	/ 2 )
	=	-0.196	/	0.381
	=	-51.44 %

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

AFC Group Holdings (NZSE:AFC) 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.

AFC Group Holdings ROCE % Related Terms

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AFC Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » AFC Group Holdings Ltd (NZSE:AFC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 15, Tower 2, 205 Queen Street, Auckland, NZL, 1010

Website

https://www.afcnz.com

AFC Group Holdings Ltd operates in the production, manufacture, distribution, and purchase of food, health, and cosmetic products. The business activities of the group are operated through International Marketing and distribution; Vineyard and Winery and Manufacturing segments. International Marketing segment which generates majority revenue sources packaged food, cosmetics, and health products. Vineyard and Winery segment produces and sells a number of varietals and blends of wine. Manufacturing segment covers a face-mask production line.