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Societe Francaise de Casinos (XPAR:SFCA) ROCE % : 8.21% (As of Oct. 2023)


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What is Societe Francaise de Casinos 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. Societe Francaise de Casinos's annualized ROCE % for the quarter that ended in Oct. 2023 was 8.21%.


Societe Francaise de Casinos ROCE % Historical Data

The historical data trend for Societe Francaise de Casinos'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.

Societe Francaise de Casinos ROCE % Chart

Societe Francaise de Casinos Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.74 -67.65 -3.85 11.92 9.31

Societe Francaise de Casinos Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.12 12.26 11.61 10.24 8.21

Societe Francaise de Casinos ROCE % Calculation

Societe Francaise de Casinos's annualized ROCE % for the fiscal year that ended in Oct. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Oct. 2023 )  (A: Oct. 2022 )(A: Oct. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2023 )  (A: Oct. 2022 )(A: Oct. 2023 )
=1.405/( ( (20.968 - 6.27) + (20.929 - 5.431) )/ 2 )
=1.405/( (14.698+15.498)/ 2 )
=1.405/15.098
=9.31 %

Societe Francaise de Casinos's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Oct. 2023 )  (Q: Apr. 2023 )(Q: Oct. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Oct. 2023 )  (Q: Apr. 2023 )(Q: Oct. 2023 )
=1.268/( ( (22.536 - 7.13) + (20.929 - 5.431) )/ 2 )
=1.268/( ( 15.406 + 15.498 )/ 2 )
=1.268/15.452
=8.21 %

(1) Note: The EBIT data used here is two times the semi-annual (Oct. 2023) 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.


Societe Francaise de Casinos  (XPAR:SFCA) 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.


Societe Francaise de Casinos ROCE % Related Terms

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Societe Francaise de Casinos (XPAR:SFCA) Business Description

Traded in Other Exchanges
N/A
Address
14 rue d'Antin, Paris, FRA, 75002
Societe Francaise de Casinos SA is a France-based company. It is engaged in the operation of casinos, virtual gaming centers, thermal SPA's, hotels and restaurants.

Societe Francaise de Casinos (XPAR:SFCA) Headlines

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