APF Holdings (ORSE:EGG) ROCE % : 23.04% (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is APF 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. APF Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was 23.04%.

APF Holdings ROCE % Historical Data

The historical data trend for APF 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.

* Premium members only.

APF Holdings ROCE % Chart

APF Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

ROCE %

3.87

5.48

8.49

9.65

APF Holdings Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial			-	-	-5.80	28.73	23.04

APF Holdings ROCE % Calculation

APF Holdings'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 )
	=	0.952	/	( ( (12.773 - 1.873)	+	(13.203 - 4.375) )	/ 2 )
	=	0.952	/	( (10.9	+	8.828)	/ 2 )
	=	0.952	/	9.864
	=	9.65 %

APF Holdings's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	2.126	/	( ( (13.203 - 4.375)	+	(13.272 - 3.644) )	/ 2 )
	=	2.126	/	( ( 8.828	+	9.628 )	/ 2 )
	=	2.126	/	9.228
	=	23.04 %

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

APF Holdings (ORSE:EGG) 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.

APF Holdings ROCE % Related Terms

Thank you for viewing the detailed overview of APF Holdings's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

APF Holdings (ORSE:EGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » APF Holdings (ORSE:EGG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Karla Ulmana 119, Marupe Municipality, Marupe, LVA, LV-2167

Website

https://www.apf.lv

APF Holdings AS is engaged in operation of holding companies. The Company along with its subsidiaries is engaged in the fields of poultry, production of biogas and mineral fertilizers. Its poultry business is involved in egg production, egg sales and egg product sales. The egg sales include free-range eggs (category 1), which are acquired from cooperation partners of the Group, barn eggs (category 2) and cage eggs (category 3) which are produced and sold by the Group.

APF Holdings (ORSE:EGG) Headlines

No Headlines