Sam Yang Foods Co (XKRX:003230) ROCE % : 34.88% (As of Sep. 2024)

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What is Sam Yang Foods Co 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. Sam Yang Foods Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 34.88%.

Sam Yang Foods Co ROCE % Historical Data

The historical data trend for Sam Yang Foods 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.

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Sam Yang Foods Co ROCE % Chart

Sam Yang Foods Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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26.86

25.68

15.05

16.81

22.96

Sam Yang Foods Co 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															22.45	29.45	40.57	40.11	34.88

Sam Yang Foods Co ROCE % Calculation

Sam Yang Foods Co'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 )
	=	168538.757	/	( ( (924929.491 - 225328.098)	+	(1170302.771 - 402005.198) )	/ 2 )
	=	168538.757	/	( (699601.393	+	768297.573)	/ 2 )
	=	168538.757	/	733949.483
	=	22.96 %

Sam Yang Foods Co'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 )
	=	349256.28	/	( ( (1419234.194 - 446200.115)	+	(1516594.141 - 487041.013) )	/ 2 )
	=	349256.28	/	( ( 973034.079	+	1029553.128 )	/ 2 )
	=	349256.28	/	1001293.6035
	=	34.88 %

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

Sam Yang Foods Co (XKRX:003230) 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.

Sam Yang Foods Co ROCE % Related Terms

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Sam Yang Foods Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sam Yang Foods Co Ltd (XKRX:003230) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

104, Opaesan-ro 3-gil, Seongbuk-gu, Seoul, KOR

Website

http://www.samyangfood.co.kr

Sam Yang Foods Co Ltd is engaged in the manufacture and marketing of instant noodles, snacks and soy sauce. There are various flavors of its noodles, such as beef, chicken, pork, shrimp, mushroom, oriental, hot and other flavors.

Sam Yang Foods Co Headlines

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