Rami Levi Chain Stores Hashikma Marketing 2006 (XTAE:RMLI) ROCE % : 15.81% (As of Jun. 2024)

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What is Rami Levi Chain Stores Hashikma Marketing 2006 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. Rami Levi Chain Stores Hashikma Marketing 2006's annualized ROCE % for the quarter that ended in Jun. 2024 was 15.81%.

Rami Levi Chain Stores Hashikma Marketing 2006 ROCE % Historical Data

The historical data trend for Rami Levi Chain Stores Hashikma Marketing 2006'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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Rami Levi Chain Stores Hashikma Marketing 2006 ROCE % Chart

Rami Levi Chain Stores Hashikma Marketing 2006 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.02

13.53

14.91

13.38

14.13

Rami Levi Chain Stores Hashikma Marketing 2006 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															20.92	11.68	14.33	16.31	15.81

Rami Levi Chain Stores Hashikma Marketing 2006 ROCE % Calculation

Rami Levi Chain Stores Hashikma Marketing 2006'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 )
	=	351.038	/	( ( (4076.712 - 1608.818)	+	(4196.657 - 1694.19) )	/ 2 )
	=	351.038	/	( (2467.894	+	2502.467)	/ 2 )
	=	351.038	/	2485.1805
	=	14.13 %

Rami Levi Chain Stores Hashikma Marketing 2006'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 )
	=	396.284	/	( ( (4366.119 - 1865.992)	+	(4321.456 - 1808.531) )	/ 2 )
	=	396.284	/	( ( 2500.127	+	2512.925 )	/ 2 )
	=	396.284	/	2506.526
	=	15.81 %

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

Rami Levi Chain Stores Hashikma Marketing 2006 (XTAE:RMLI) 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.

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Rami Levi Chain Stores Hashikma Marketing 2006 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Rami Levi Chain Stores Hashikma Marketing 2006 Ltd (XTAE:RMLI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Hauman Street, Jerusalem, ISR, 91520

Website

http://www.rami-levy.co.il

Rami Levi Chain Stores Hashikma Marketing 2006 Ltd is an operator of clothing and food retail stores. The company is based in Israel and generates the entirety of its revenue domestically. The company operates a chain of supermarkets as well as discount clothing and discount shoe stores. The company markets its own products under the brand names The Motag as well as Remi Levi Shivuk Hashikma. In addition, the company operates a real estate development branch, engages in wholesale distribution activities and provides mobile phone services through its subsidiary, Rami Levi Communications.

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