Jamaica Broilers Group (XJAM:JBG) ROCE % : 16.76% (As of Jul. 2024)

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What is Jamaica Broilers 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. Jamaica Broilers Group's annualized ROCE % for the quarter that ended in Jul. 2024 was 16.76%.

Jamaica Broilers Group ROCE % Historical Data

The historical data trend for Jamaica Broilers 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.

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Jamaica Broilers Group ROCE % Chart

Jamaica Broilers Group Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

ROCE %

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11.86

15.15

17.44

22.49

23.72

Jamaica Broilers Group Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
ROCE %	Get a 7-Day Free Trial															20.69	20.26	19.70	33.03	16.76

Jamaica Broilers Group ROCE % Calculation

Jamaica Broilers 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 )
	=	10649.815	/	( ( (77413.585 - 34198.181)	+	(86321.865 - 39750.765) )	/ 2 )
	=	10649.815	/	( (43215.404	+	46571.1)	/ 2 )
	=	10649.815	/	44893.252
	=	23.72 %

Jamaica Broilers Group's ROCE % of for the quarter that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	7844.956	/	( ( (86321.865 - 39750.765)	+	(89296.669 - 42280.415) )	/ 2 )
	=	7844.956	/	( ( 46571.1	+	47016.254 )	/ 2 )
	=	7844.956	/	46793.677
	=	16.76 %

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

Jamaica Broilers Group (XJAM:JBG) 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.

Jamaica Broilers Group ROCE % Related Terms

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Jamaica Broilers Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jamaica Broilers Group Ltd (XJAM:JBG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Content, McCook’s Pen, Saint Catherine, JAM

Website

https://www.jamaicabroilersgroup.com

Jamaica Broilers Group Ltd is a Jamaica-based company engaged in the production and distribution of poultry products, animal feeds, and agricultural items. Its segments consist of Jamaica operations, US operations, Haiti operations, and Other Caribbean operations. The company's brands include Reggae Jammin, The Best Dressed Chicken, Hamilton's Smokehouse, Le Chic Poulet, Hi-Pro, International Poultry Breeders, Wincorp International, and Jamaica Egg Services. The majority of the revenue is derived from its Jamaica operations.

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