La Doria S.p.A ROCE
What is the ROCE of La Doria S.p.A?
The ROCE of La Doria S.p.A. is 14.25%
What is the definition of ROCE?
Return on capital employed (ROCE) is a financial ratio that measures a company’s profitability and the efficiency with which its capital is used.
= EBIT / (assets - current liabilities)
Return on capital employed (ROCE) is the total amount of capital that a company has utilized in order to generate profits. It is the sum of shareholders' equity and debt liabilities. It can be simplified as total assets minus current liabilities.
ROCE is especially useful when comparing the performance of companies in capital-intensive sectors. ROCE considers debt and other liabilities as well compared to other fundamentals which only analyze profitability related to a company’s common equity. This provides a better indication of financial performance for companies with significant debt. For a company, the ROCE trend over the years is also an important indicator of performance. In general, investors tend to favor companies with stable and rising ROCE numbers over companies where ROCE is volatile and bounces around from one year to the next.
Instead of using capital employed at an arbitrary point in time, analysts and investors often calculate ROCE based on the average capital employed (ROACE), which takes the average of opening and closing capital employed for the time period.
ROCE of companies in the Miscellaneous sector on LSE compared to La Doria S.p.A
What does La Doria S.p.A do?
La Doria S.p.A., together with its subsidiaries, produces and markets food products in Italy, the United Kingdom, Japan, Australia, and in the Scandinavian countries. Its products include tomato-based products, fruit juices and beverages, vegetables, legumes, canned pasta, cooked pulses, baked beans, canned pulses, ready-made sauces, and carrots. The company sells its products under the La Doria, La Romanella, Vivi G, Cook Italia, Althea, and Bella Parma brand names through retailers and distribution chains. La Doria S.p.A. was founded in 1954 and is based in Angri, Italy.
Companies with roce similar to La Doria S.p.A
- Under Armour has ROCE of 14.20%
- Under Armour has ROCE of 14.20%
- Squarespace has ROCE of 14.21%
- Church & Dwight Co has ROCE of 14.23%
- Church & Dwight Co has ROCE of 14.23%
- Norwegian ASA has ROCE of 14.24%
- La Doria S.p.A has ROCE of 14.25%
- Camtek Ltd has ROCE of 14.27%
- Enact Inc has ROCE of 14.27%
- Chevron has ROCE of 14.27%
- Chevron has ROCE of 14.27%
- EPAM Systems Inc has ROCE of 14.27%
- Chico`s Fas has ROCE of 14.27%