RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Canadian Tire Corporation ROCE 2024

Canadian Tire Corporation ROCE

0.23

Canadian Tire Corporation Dividend yield

5.03 %

Ticker

CTC.A.TO

ISIN

CA1366812024

WKN

858397

In 2024, Canadian Tire Corporation's return on capital employed (ROCE) was 0.23, a -32.78% increase from the 0.34 ROCE in the previous year.

Canadian Tire Corporation Aktienanalyse

What does Canadian Tire Corporation do?

Canadian Tire Corporation Ltd is one of the most well-known and largest retail companies in Canada. Since its establishment in 1922, the corporation has become an important part of the Canadian economy, offering a wide range of products and services to its customers. The company is headquartered in Toronto and operates over 1,700 stores in Canada. The company was founded in 1922 in Toronto as a small business for auto accessories and repairs. The founder, John W. Billes, had the idea to build a distribution chain for auto parts and accessories and opened his first store in Toronto. In the 1930s, Canadian Tire expanded its focus and added household products to its offerings. In the 1950s, the company went public and since then has undergone impressive growth. Canadian Tire has acquired several companies in the past and also opened new divisions to diversify its offerings for customers. Today, the company is the fourth largest retailer in Canada, supplying various sectors from auto parts to leisure items and household products. The business model of Canadian Tire is based on the idea of providing customers with a comprehensive selection of products and services. The company specializes in the sale of auto parts and accessories, offering a variety of products for cars and trucks including tires, batteries, motor oil, windshield wipers, car seats, stereo systems, and more. Canadian Tire also offers a wide range of household products such as furniture, household goods, appliances, and kitchenware. Sports equipment such as bicycles, camping gear, fitness equipment, and more are also available. The company is not only known for its product sales, but also offers various services for the whole family, including travel and financial services, as well as auto parts installation. Canadian Tire operates various business divisions that complement its offerings. The most well-known ones include the large retail company Canadian Tire, the online trading company SportChek, the prestigious clothing store Mark's, and the home improvement store Canadian Tire Home Hardware. These different business segments allow the company to reach a wider audience and meet the diverse needs and requirements of customers. The product range of Canadian Tire is extensive, offering a wide selection of products and brands. The company offers a range of well-known and reputable brands such as Michelin, Karcher, KitchenAid, Cuisinart, Coleman, Weider, and many more. Canadian Tire continuously expands its product range and also offers its own brands such as 'Mastercraft', 'Motomaster', 'Simoniz', and 'Greenworks'. These private labels have a large following within Canada and are known for their quality and good prices. In conclusion, Canadian Tire is a diversified retail company that offers a wide range of products and services for Canada. The company has an impressive history and continues to grow steadily. The sale of auto parts and accessories is an important part of the business model, but the company also offers a variety of household and leisure items. The different business divisions allow the company to meet the different needs and requirements of customers. With its various own brands known for their quality and fair prices, the company plays an important role in Canada and is a significant part of the Canadian economy. Canadian Tire Corporation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Canadian Tire Corporation's Return on Capital Employed (ROCE)

Canadian Tire Corporation's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Canadian Tire Corporation's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Canadian Tire Corporation's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Canadian Tire Corporation’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Canadian Tire Corporation Stock

What is the ROCE (Return on Capital Employed) of Canadian Tire Corporation this year?

The ROCE of Canadian Tire Corporation is 0.23 undefined this year.

How has the ROCE (Return on Capital Employed) of Canadian Tire Corporation developed compared to the previous year?

The ROCE of Canadian Tire Corporation has increased by -32.78% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Canadian Tire Corporation?

A high Return on Capital Employed (ROCE) indicates that Canadian Tire Corporation has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Canadian Tire Corporation?

A low ROCE (Return on Capital Employed) can indicate that Canadian Tire Corporation has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Canadian Tire Corporation impact the company?

An increase in the ROCE of Canadian Tire Corporation can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Canadian Tire Corporation affect the company?

A decrease in ROCE of Canadian Tire Corporation can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Canadian Tire Corporation?

Some factors that can affect Canadian Tire Corporation's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Canadian Tire Corporation so important for investors?

The ROCE of Canadian Tire Corporation is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Canadian Tire Corporation take to improve the ROCE?

To improve the ROCE, Canadian Tire Corporation can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Canadian Tire Corporation pay?

Over the past 12 months, Canadian Tire Corporation paid a dividend of 6.9 CAD . This corresponds to a dividend yield of about 5.03 %. For the coming 12 months, Canadian Tire Corporation is expected to pay a dividend of 7.86 CAD.

What is the dividend yield of Canadian Tire Corporation?

The current dividend yield of Canadian Tire Corporation is 5.03 %.

When does Canadian Tire Corporation pay dividends?

Canadian Tire Corporation pays a quarterly dividend. This is distributed in the months of August, November, February, May.

How secure is the dividend of Canadian Tire Corporation?

Canadian Tire Corporation paid dividends every year for the past 23 years.

What is the dividend of Canadian Tire Corporation?

For the upcoming 12 months, dividends amounting to 7.86 CAD are expected. This corresponds to a dividend yield of 5.73 %.

In which sector is Canadian Tire Corporation located?

Canadian Tire Corporation is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Canadian Tire Corporation kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Canadian Tire Corporation from 6/1/2024 amounting to 1.75 CAD, you needed to have the stock in your portfolio before the ex-date on 4/29/2024.

When did Canadian Tire Corporation pay the last dividend?

The last dividend was paid out on 6/1/2024.

What was the dividend of Canadian Tire Corporation in the year 2023?

In the year 2023, Canadian Tire Corporation distributed 5.85 CAD as dividends.

In which currency does Canadian Tire Corporation pay out the dividend?

The dividends of Canadian Tire Corporation are distributed in CAD.

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Andere Kennzahlen von Canadian Tire Corporation

Our stock analysis for Canadian Tire Corporation Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Canadian Tire Corporation Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.