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Rogers Sugar (TSX:RSI) ROIC % : 8.62% (As of Dec. 2024)


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What is Rogers Sugar ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Rogers Sugar's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2024 was 8.62%.

As of today (2025-03-17), Rogers Sugar's WACC % is 5.70%. Rogers Sugar's ROIC % is 8.26% (calculated using TTM income statement data). Rogers Sugar generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Rogers Sugar ROIC % Historical Data

The historical data trend for Rogers Sugar's ROIC % 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.

Rogers Sugar ROIC % Chart

Rogers Sugar Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.66 8.29 32.10 8.71 8.32

Rogers Sugar Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROIC % 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 9.31 8.79 5.33 10.17 8.62

Competitive Comparison of Rogers Sugar's ROIC %

For the Confectioners subindustry, Rogers Sugar's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rogers Sugar's ROIC % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rogers Sugar's ROIC % distribution charts can be found below:

* The bar in red indicates where Rogers Sugar's ROIC % falls into.



Rogers Sugar ROIC % Calculation

Rogers Sugar's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Sep. 2024 is calculated as:

ROIC % (A: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Sep. 2023 ) + Invested Capital (A: Sep. 2024 ))/ count )
=97.209 * ( 1 - 26.83% )/( (821.442 + 889.067)/ 2 )
=71.1278253/855.2545
=8.32 %

where

Invested Capital(A: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1078.744 - 170.556 - ( 19.121 - max(0, 360.279 - 443.36+19.121))
=889.067

Rogers Sugar's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2024 is calculated as:

ROIC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=108.024 * ( 1 - 26.82% )/( (889.067 + 944.412)/ 2 )
=79.0519632/916.7395
=8.62 %

where

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1078.744 - 170.556 - ( 19.121 - max(0, 360.279 - 443.36+19.121))
=889.067

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1141.228 - 179.364 - ( 17.452 - max(0, 354.7 - 491.402+17.452))
=944.412

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) 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.


Rogers Sugar  (TSX:RSI) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Rogers Sugar's WACC % is 5.70%. Rogers Sugar's ROIC % is 8.26% (calculated using TTM income statement data). Rogers Sugar generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases. Rogers Sugar earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Rogers Sugar ROIC % Related Terms

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Rogers Sugar Business Description

Traded in Other Exchanges
Address
123 Rogers Street, Vancouver, BC, CAN, V6B 3V2
Rogers Sugar Inc is a Canada-based sugar-producing company. Along with its subsidiaries, it offers products like Brown sugar, Yellow sugar, Icing sugar, and other related sugar products. The company operates in the following reportable segments: Sugar and Maple. The Sugar segment which generates maximum revenue is engaged in the refining, packaging, and marketing of sugar products; and the Maple segment processes pure maple syrup and related maple products. Geographically, the company derives a majority of its revenue from its customers in Canada and the rest from the United States, Europe, and other regions.
Executives
M. Dallas H. Ross Director
Daniel Lafrance Director
Patrick Dionne Senior Officer
Stephanie Ruth Wilkes Director
Shelley Donne Potts Director
William Stephen Maslechko Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Donald Jewell Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Andrew Heskin Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Gary Collins Director
Dean Bergmame Director
Amy Lim Senior Officer
Gary Nagribianko Senior Officer
Louis Turenne Senior Officer
Michael Walton Senior Officer
John Holliday Senior Officer