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Les Moulins de la Concorde LTTE (XMAU:LMLC.I0000) ROIC % : 9.19% (As of Dec. 2024)


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What is Les Moulins de la Concorde LTTE 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 %. Les Moulins de la Concorde LTTE's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2024 was 9.19%.

As of today (2025-03-27), Les Moulins de la Concorde LTTE's WACC % is 9.71%. Les Moulins de la Concorde LTTE's ROIC % is 7.92% (calculated using TTM income statement data). Les Moulins de la Concorde LTTE earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Les Moulins de la Concorde LTTE ROIC % Historical Data

The historical data trend for Les Moulins de la Concorde LTTE'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.

Les Moulins de la Concorde LTTE ROIC % Chart

Les Moulins de la Concorde LTTE Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.98 8.37 3.33 6.98 6.10

Les Moulins de la Concorde LTTE 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 4.89 8.85 9.08 4.72 9.19

Competitive Comparison of Les Moulins de la Concorde LTTE's ROIC %

For the Packaged Foods subindustry, Les Moulins de la Concorde LTTE'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.


Les Moulins de la Concorde LTTE's ROIC % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Les Moulins de la Concorde LTTE's ROIC % distribution charts can be found below:

* The bar in red indicates where Les Moulins de la Concorde LTTE's ROIC % falls into.


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Les Moulins de la Concorde LTTE ROIC % Calculation

Les Moulins de la Concorde LTTE's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Jun. 2024 is calculated as:

ROIC % (A: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jun. 2023 ) + Invested Capital (A: Jun. 2024 ))/ count )
=213.238 * ( 1 - 10.79% )/( (3204.158 + 3032.921)/ 2 )
=190.2296198/3118.5395
=6.10 %

where

Invested Capital(A: Jun. 2023 )
=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))
=3423.421 - 107.499 - ( 111.764 - max(0, 700.208 - 1543.419+111.764))
=3204.158

Invested Capital(A: Jun. 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))
=3168.621 - 79.459 - ( 56.241 - max(0, 378.865 - 1326.464+56.241))
=3032.921

Les Moulins de la Concorde LTTE'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 )
=301.448 * ( 1 - 0% )/( (3319.558 + 3240.068)/ 2 )
=301.448/3279.813
=9.19 %

where

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.


Les Moulins de la Concorde LTTE  (XMAU:LMLC.I0000) 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, Les Moulins de la Concorde LTTE's WACC % is 9.71%. Les Moulins de la Concorde LTTE's ROIC % is 7.92% (calculated using TTM income statement data).


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.


Les Moulins de la Concorde LTTE ROIC % Related Terms

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Les Moulins de la Concorde LTTE Business Description

Traded in Other Exchanges
Address
Cargo Peninsula, Quay D, Port Louis, MUS, 11610
Les Moulins de la Concorde LTTEis engaged the milling of wheat and its main products, wheat flour and wheat bran which are sold on the local market and exported to the Indian Ocean Islands and other countries. The Company also sells various types of wheat flour in small packs.

Les Moulins de la Concorde LTTE Headlines

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