Diplomat Holdings (XTAE:DIPL) ROCE % : 31.46% (As of Jun. 2024)

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What is Diplomat Holdings 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. Diplomat Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 31.46%.

Diplomat Holdings ROCE % Historical Data

The historical data trend for Diplomat Holdings'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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Diplomat Holdings ROCE % Chart

Diplomat Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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23.52

21.32

17.72

11.43

11.93

Diplomat Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															12.53	13.81	9.31	7.54	31.46

Diplomat Holdings ROCE % Calculation

Diplomat Holdings'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 )
	=	127.585	/	( ( (1522.098 - 506.026)	+	(1850.949 - 728.48) )	/ 2 )
	=	127.585	/	( (1016.072	+	1122.469)	/ 2 )
	=	127.585	/	1069.2705
	=	11.93 %

Diplomat Holdings's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	346.952	/	( ( (1855.659 - 777.769)	+	(1867.699 - 740.235) )	/ 2 )
	=	346.952	/	( ( 1077.89	+	1127.464 )	/ 2 )
	=	346.952	/	1102.677
	=	31.46 %

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

Diplomat Holdings (XTAE:DIPL) 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.

Diplomat Holdings ROCE % Related Terms

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Diplomat Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Diplomat Holdings Ltd (XTAE:DIPL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Hermon Street, Airport City, ISR, 701000

Website

https://www.diplomat-global.com

Diplomat Holdings Ltd is a sales and distribution company in Israel. It provides customers with full-service supply chain management solutions and a diverse portfolio of FMCG and food brands. It distributes a diverse portfolio of global and domestic brands like Lenor, Mazola, Oreo, Tide, and others in personal and household care and food products.

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