Millennium Food-Tech

Millennium Food-Tech ROCE

The Return on Capital Employed (ROCE) of Millennium Food-Tech (MIFT.TA) as of Oct 23, 2026 is -4.30 %. In the previous year, Return on Capital Employed (ROCE) was -3.38 % — a change of 27.04% (lower).

ROCE

-4.30 %

YoY

27.04%

Last updated:

In 2024, Millennium Food-Tech's return on capital employed (ROCE) was -4.30 %, a 27.04% increase from the -3.38 % ROCE in the previous year.

The Millennium Food-Tech ROCE history

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  • Max

ROCE
Date
ROCE
Jan 1, 2020
-5.42 ILS
Jan 1, 2021
-4.76 ILS
Jan 1, 2022
-4.17 ILS
Jan 1, 2023
-3.38 ILS
Jan 1, 2024
-4.30 ILS
The Millennium Food-Tech ROCE history
YEARROCEYoY
-4.30 %+27.04%
-3.38 %-18.84%
-4.17 %-12.53%
-4.76 %-12.14%
-5.42 %—

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Millennium Food-Tech Stock analysis

What does Millennium Food-Tech do? Millennium Food-Tech LP generates revenue through strategic investments in innovative food technology companies. The firm focuses on portfolio companies like SavorEat, which creates meat and fish alternatives using advanced technology, and Phytolon, developing natural food colorings via yeast fermentation. TripleW utilizes food waste to produce lactic acid industrially, while Aleph Farms cultivates cell-based steaks directly from animal cells. YOFIX and Egg’n’up contribute to the portfolio with plant-based dairy products and plant-based egg alternatives, respectively. These investments align with Millennium Food-Tech LP's mission to support transformative ideas in nutrition and food production. The company targets investors seeking sustainable and innovative food solutions, leveraging its portfolio's diverse technologies. SavorEat, Phytolon, TripleW, Aleph Farms, YOFIX, and Egg’n’up represent key segments within the food-tech industry, each addressing specific market needs. By investing in these specialized firms, Millennium Food-Tech LP capitalizes on the growing demand for alternative proteins, sustainable food production, and eco-friendly ingredients. Millennium Food-Tech LP's business model centers on identifying promising food-tech startups and providing them with capital and strategic support. The portfolio companies operate in distinct niches: SavorEat in meat substitutes, Phytolon in natural colorants, TripleW in industrial lactic acid production, Aleph Farms in cell-cultured meat, YOFIX in plant-based dairy, and Egg’n’up in plant-based eggs. This diversified approach ensures exposure to multiple high-growth segments within the food technology sector. Millennium Food-Tech is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Millennium Food-Tech's Return on Capital Employed (ROCE)

Millennium Food-Tech'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 Millennium Food-Tech'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

Millennium Food-Tech'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 Millennium Food-Tech’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 Millennium Food-Tech stock

Return on Capital Employed (ROCE) of Millennium Food-Tech is -4.30 % in 2024.

Return on Capital Employed (ROCE) of Millennium Food-Tech changed from -3.38 % to -4.30 %, representing a 27.04% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Millennium Food-Tech since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Millennium Food-Tech with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — Millennium Food-Tech

ROEROAROCEROICAsset TurnoverInventory TurnoverReceivables TurnoverDays Sales OutstandingDays Inventory OutstandingDays Payable OutstandingCash Conversion CycleCROICGross Profit/AssetsFixed Asset TurnoverEquity TurnoverWorking Capital TurnoverPayables TurnoverCapital IntensityReceivables/RevenueInventory/RevenueEBIT/Assets

All Key Metrics — Millennium Food-Tech