Victory Supermarket Chain (XTAE:VCTR) ROCE % : 8.52% (As of Dec. 2023)

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What is Victory Supermarket Chain 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. Victory Supermarket Chain's annualized ROCE % for the quarter that ended in Dec. 2023 was 8.52%.

Victory Supermarket Chain ROCE % Historical Data

The historical data trend for Victory Supermarket Chain'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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Victory Supermarket Chain ROCE % Chart

Victory Supermarket Chain Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.23

8.53

6.86

5.49

6.46

Victory Supermarket Chain Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															4.83	5.39	4.73	7.26	8.52

Victory Supermarket Chain ROCE % Calculation

Victory Supermarket Chain'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 )
	=	90.559	/	( ( (1934.013 - 523.944)	+	(1920.346 - 528.325) )	/ 2 )
	=	90.559	/	( (1410.069	+	1392.021)	/ 2 )
	=	90.559	/	1401.045
	=	6.46 %

Victory Supermarket Chain's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	118.212	/	( ( (1931.299 - 549.216)	+	(1920.346 - 528.325) )	/ 2 )
	=	118.212	/	( ( 1382.083	+	1392.021 )	/ 2 )
	=	118.212	/	1387.052
	=	8.52 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Victory Supermarket Chain (XTAE:VCTR) 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.

Victory Supermarket Chain ROCE % Related Terms

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Victory Supermarket Chain (XTAE:VCTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Victory Supermarket Chain (XTAE:VCTR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Hakishor Street, Gan Yavne, ISR

Website

http://www.abavictory.com

Victory Supermarket Chain is a group consisting of companies operating in the food sector. The company is engaged in wholesale distribution of food products, and managing supermarkets and real estate properties.