JB Foods (SGX:BEW) ROCE %: 25.52% (As of Mar. 2026)

What is JB Foods ROCE %?

JB Foods SGX:BEW +0.70% 80 ROCE % is 25.52% as of Mar. 2026. GuruFocus rates SGX:BEW with a GF Score™ of 80/100 and a GF Value™ of S$1.03 (Significantly Undervalued). The stock has 6 warning signs investors should review.

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. JB Foods's annualized ROCE % for the quarter that ended in Mar. 2026 was 25.52%.

JB Foods (SGX:BEW) 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.

JB Foods ROCE % Related Terms

JB Foods ROCE % Historical Data

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The historical data trend for JB Foods'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.

JB Foods ROCE % Chart

JB Foods Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Mar26

ROCE %

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16.46

12.11

12.85

7.59

45.06

JB Foods Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Sep25	Mar26
ROCE %	Get a 7-Day Free Trial															15.21	0.62	43.36	51.43	25.52

80GF Score

JB Foods Ltd SGX:BEW

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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JB Foods ROCE % Calculation

JB Foods's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2026 )		(A: Dec. 2023 )		(A: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2026 )		(A: Dec. 2023 )		(A: Mar. 2026 )
	=	168.782	/	( ( (992.071 - 685.844)	+	(1233.563 - 790.673) )	/ 2 )
	=	168.782	/	( (306.227	+	442.89)	/ 2 )
	=	168.782	/	374.5585
	=	45.06 %

JB Foods's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Sep. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Sep. 2025 )		(Q: Mar. 2026 )
	=	117.352	/	( ( (1058.882 - 581.945)	+	(1233.563 - 790.673) )	/ 2 )
	=	117.352	/	( ( 476.937	+	442.89 )	/ 2 )
	=	117.352	/	459.9135
	=	25.52 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 25.52% mean?

JB Foods (SGX:BEW) has a ROCE % of 25.52% as of Mar. 2026.

Is JB Foods' ROCE % too high?

JB Foods' current ROCE % is 25.52%. The Consumer Packaged Goods industry median ROCE % is 8.72. JB Foods' value of 25.52% is 192.8% above this industry median. Overall, JB Foods has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does JB Foods' ROCE % compare to MDLZ and HSY?

JB Foods' ROCE % of 25.52% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.72. JB Foods' value of 25.52% is 192.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Consumer Packaged Goods company?

The median ROCE % among Consumer Packaged Goods companies is 8.72, based on 1,934 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JB Foods's current ROCE % of 25.52% is 192.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Consumer Packaged Goods industry, the median ROCE % is 8.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JB Foods's current ROCE % is 25.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is JB Foods stock overvalued right now?

Based on GuruFocus' analysis, JB Foods (SGX:BEW) is currently considered Significantly Undervalued. The stock's GF Value™ is S$1.03, compared to a current price of S$0.72 — trading 30.6% below its estimated fair value. The current ROCE % is 25.52% and 192.8% above the Consumer Packaged Goods industry median of 8.72. JB Foods' overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For JB Foods (SGX:BEW), the current ROCE % is 25.52% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is JB Foods (SGX:BEW) Overvalued in 2026?

Based on GuruFocus' analysis, JB Foods stock appears to be undervalued. The current stock price of S$0.72 is trading 30.6% below its estimated GF Value™ of S$1.03. GuruFocus considers JB Foods to be Significantly Undervalued.

Key valuation signals for SGX:BEW:

ROCE %: 25.52%
GF Value™: S$1.03 vs. price of S$0.72 (30.6% below fair value)
GF Score™: 80/100 with 6 warning signs
Industry Position: 192.8% above the Consumer Packaged Goods median

No single metric tells the full story. See the SGX:BEW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

JB Foods Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies SGX:P34 MDLZ HSY XSWX:LISN XSWX:BARN XKRX:271560 TR SZSE:000833 TSE:2222 CAS:CSR OSTO:CLA B TSE:2201 BOM:500038 XKRX:004990 BOM:532356 XKRX:001800 IST:ULKER STC:SBT XKLS:5102 XZIM:SACL.ZW

Address Lot CP1, Jalan Tanjung A/6, Pelabuhan Tanjung Pelepas, Gelang Patah, JHR, MYS, 81560

Website https://www.jbcocoa.com

JB Foods Ltd produces cocoa products. The company's products include cocoa powder, cocoa mass, and cocoa butter. The group's products are sold under the 'JB COCOA' brand name to the international customer base, ranging from international trade houses to end users such as food and beverage and confectionery manufacturers. The Group's key customers include Nestle Group, Mondelez Group, Mars Group, Hershey's Group, Itochu Corporation, Theobroma B.V., General Cocoa Company Inc., Olam Europe Limited, etc. The group operates in only one business segment, which is the production and sale of cocoa ingredients products. Geographically, the company derives the majority of its revenue from Singapore.

80GF Score

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S$0.72

Price

S$1.03

GF Value

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