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WOSGF (Watches of Switzerland Group) ROCE % : 10.95% (As of Oct. 2024)


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What is Watches of Switzerland Group 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. Watches of Switzerland Group's annualized ROCE % for the quarter that ended in Oct. 2024 was 10.95%.


Watches of Switzerland Group ROCE % Historical Data

The historical data trend for Watches of Switzerland Group'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.

Watches of Switzerland Group ROCE % Chart

Watches of Switzerland Group Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
ROCE %
Get a 7-Day Free Trial Premium Member Only 4.30 13.88 19.33 20.08 12.02

Watches of Switzerland Group Semi-Annual Data
Apr16 Apr17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.70 19.02 16.06 8.08 10.95

Watches of Switzerland Group ROCE % Calculation

Watches of Switzerland Group's annualized ROCE % for the fiscal year that ended in Apr. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2024 )  (A: Apr. 2023 )(A: Apr. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2024 )  (A: Apr. 2023 )(A: Apr. 2024 )
=151.189/( ( (1537.983 - 339.726) + (1661.327 - 343.304) )/ 2 )
=151.189/( (1198.257+1318.023)/ 2 )
=151.189/1258.14
=12.02 %

Watches of Switzerland Group's ROCE % of for the quarter that ended in Oct. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Oct. 2024 )  (Q: Apr. 2024 )(Q: Oct. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Oct. 2024 )  (Q: Apr. 2024 )(Q: Oct. 2024 )
=157.758/( ( (1661.327 - 343.304) + (1995.958 - 432.595) )/ 2 )
=157.758/( ( 1318.023 + 1563.363 )/ 2 )
=157.758/1440.693
=10.95 %

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

* 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.


Watches of Switzerland Group  (OTCPK:WOSGF) 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.


Watches of Switzerland Group ROCE % Related Terms

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Watches of Switzerland Group Business Description

Traded in Other Exchanges
Address
2 Elland Road, Aurum House, Braunstone, Leicester, GBR, LE3 1TT
Watches of Switzerland Group PLC is a retailer of luxury watches in the United Kingdom. Other than luxury watch offerings, the company also offers luxury jewellery, fashion, and classic watches and a range of watch and jewellery aftercare services. The company's geographical segments are the United Kingdom and Europe, and the United States, of which the majority of the revenue comes from the United Kingdom and Europe segment.