Winpak (TSX:WPK) ROCE % : 14.64% (As of Sep. 2024)

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What is Winpak 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. Winpak's annualized ROCE % for the quarter that ended in Sep. 2024 was 14.64%.

Winpak ROCE % Historical Data

The historical data trend for Winpak'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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Winpak ROCE % Chart

Winpak Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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14.73

12.18

11.44

14.04

14.17

Winpak Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															13.43	12.16	13.77	14.99	14.64

Winpak ROCE % Calculation

Winpak's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	269.228	/	( ( (1986.791 - 169.438)	+	(2108.279 - 126.038) )	/ 2 )
	=	269.228	/	( (1817.353	+	1982.241)	/ 2 )
	=	269.228	/	1899.797
	=	14.17 %

Winpak'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	298.504	/	( ( (2169.685 - 145.198)	+	(2213.14 - 160.573) )	/ 2 )
	=	298.504	/	( ( 2024.487	+	2052.567 )	/ 2 )
	=	298.504	/	2038.527
	=	14.64 %

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

Winpak (TSX:WPK) 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.

Winpak ROCE % Related Terms

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Winpak Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Winpak Ltd (TSX:WPK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

WIPKF:USA 25W:Germany 25W:Germany

Address

100 Saulteaux Crescent, Winnipeg, MB, CAN, R3J 3T3

Website

https://www.winpak.com

Winpak Ltd manufactures and sells a variety of packaging materials and related packaging machines. The packaging materials are used primarily for perishable foods, beverages, and healthcare applications. It operates in three segments: flexible packaging, rigid packaging & flexible lidding, and packaging machinery. The flexible packaging segment includes modified atmosphere packaging, specialty films, and biaxially oriented nylon product groups. The rigid packaging and flexible lidding segment include rigid containers, lidding, and specialized printed packaging product groups. The company's geographical segments include the United States, Canada, Mexico & others.

Executives

Donovan Paul Fontaine	Senior Officer
James Paul Spencer	Senior Officer
Dave Alexander	Senior Officer
Randall Troutman	Senior Officer
Matthew Peter Wilms	Senior Officer
Rakel Johanna Aarnio-wihuri	Director
Martti Hjalmar Aarnio-wihuri	Director
Scott Mckenzie Taylor	Senior Officer
Vesa Laineenkare	Director or Senior Officer of 10% Security Holder
Petri Olavi Leskinen	Director or Senior Officer of 10% Security Holder
Antti Aarnio-wihuri	10% Security Holder, Director, Senior Officer
Ilkka Tapio Suominen	Director, Director or Senior Officer of 10% Security Holder
Larry Allan Warelis	Senior Officer
Bruce Berry	Director
James Calvin Holland	Senior Officer

Winpak Headlines

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