United Food Holdings (SGX:AZR) ROCE % : -4.87% (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is United Food 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. United Food Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -4.87%.

United Food Holdings ROCE % Historical Data

The historical data trend for United Food 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.

United Food Holdings ROCE % Chart

United Food Holdings Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Mar19

Mar20

Mar21

Mar22

ROCE %

Get a 7-Day Free Trial

-1.37

-40.11

-42.32

1.51

United Food Holdings Quarterly Data
	Sep18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-18.20	-4.07	-31.53	-2.51	-4.87

United Food Holdings ROCE % Calculation

United Food Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	0.387	/	( ( (38.708 - 13.074)	+	(39.081 - 13.337) )	/ 2 )
	=	0.387	/	( (25.634	+	25.744)	/ 2 )
	=	0.387	/	25.689
	=	1.51 %

United Food Holdings'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-0.924	/	( ( (30.77 - 11.614)	+	(31.471 - 12.714) )	/ 2 )
	=	-0.924	/	( ( 19.156	+	18.757 )	/ 2 )
	=	-0.924	/	18.9565
	=	-4.87 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

United Food Holdings (SGX:AZR) 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.

United Food Holdings ROCE % Related Terms

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

United Food Holdings (SGX:AZR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » United Food Holdings Ltd (SGX:AZR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3A Chater Road Central, 16 Floor, The Hong Kong Club Building, Hong Kong, HKG

Website

http://www.unitedfood.com.sg

United Food Holdings Ltd is a Bermuda based company. It operates through the following business segments: Trading segment, Additives segment, Animal feed and traditional medicine segment and Others. The firm generates majority revenue from the Mainland China.

United Food Holdings (SGX:AZR) Headlines

No Headlines