Cocoa Processing Co (XGHA:CPC) ROCE %: -27.60% (As of Sep. 2022)

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What is Cocoa Processing Co ROCE %?

Cocoa Processing Co XGHA:CPC ROCE % is -27.60% as of Sep. 2022.

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. Cocoa Processing Co's annualized ROCE % for the quarter that ended in Sep. 2022 was -27.60%.

Cocoa Processing Co  (XGHA:CPC) 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.

Cocoa Processing Co ROCE % Related Terms

Cocoa Processing Co ROCE % Historical Data

* Premium members only.

The historical data trend for Cocoa Processing Co'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.

Cocoa Processing Co ROCE % Chart

Cocoa Processing Co Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep21 Sep22
ROCE %
Get a 7-Day Free Trial -16.00 -14.96 -13.37 -73.94 -27.60

Cocoa Processing Co Semi-Annual Data
Sep10 Sep11 Sep12 Sep13 Sep14 Sep21 Sep22
ROCE % Get a 7-Day Free Trial -16.00 -14.96 -13.37 -73.94 -27.60

Cocoa Processing Co ROCE % Calculation

Cocoa Processing Co's annualized ROCE % for the fiscal year that ended in Sep. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2022 )  (A: Sep. 2021 )(A: Sep. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2022 )  (A: Sep. 2021 )(A: Sep. 2022 )
=-83.702/( ( (1870.323 - 1789.227) + (1647.441 - 1122.1) )/ 2 )
=-83.702/( (81.096+525.341)/ 2 )
=-83.702/303.2185
=-27.60 %

Cocoa Processing Co's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2022 )  (Q: Sep. 2021 )(Q: Sep. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2022 )  (Q: Sep. 2021 )(Q: Sep. 2022 )
=-83.702/( ( (1870.323 - 1789.227) + (1647.441 - 1122.1) )/ 2 )
=-83.702/( ( 81.096 + 525.341 )/ 2 )
=-83.702/303.2185
=-27.60 %

(1) Note: The EBIT data used here is one times the annual (Sep. 2022) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -27.60% mean?
Cocoa Processing Co (XGHA:CPC) has a ROCE % of -27.60% as of Sep. 2022.
Is Cocoa Processing Co's ROCE % too high?
Cocoa Processing Co's current ROCE % is -27.60%.
How does Cocoa Processing Co's ROCE % compare to MDLZ and HSY?
Cocoa Processing Co's ROCE % of -27.60% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.89. 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 8.89, based on 1,943 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. 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 8.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cocoa Processing Co's current ROCE % is -27.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cocoa Processing Co stock overvalued right now?
Cocoa Processing Co (XGHA:CPC) has a current ROCE % of -27.60%. The current ROCE % is -27.60%. 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 Cocoa Processing Co (XGHA:CPC), the current ROCE % is -27.60% as of Sep. 2022. 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.

Cocoa Processing Co Business Description

Address Heavy Industrial Area, Private Mail Bag, Tema, GHA
Cocoa Processing Co Ltd manufactures chocolates, confectionery and semi-finished cocoa products such as cocoa butter, cocoa liquor, cocoa cake and cocoa powder from premium cocoa beans grown in Ghana.