Central Roic from 2010 to 2024

CENT Stock  USD 39.75  0.41  1.02%   
Central Garden ROIC yearly trend continues to be comparatively stable with very little volatility. ROIC is likely to outpace its year average in 2024. ROIC is return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders. View All Fundamentals
 
ROIC  
First Reported
2010-12-31
Previous Quarter
0.04767332
Current Value
0.09677931
Quarterly Volatility
0.01510431
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Central Garden financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Central Garden's main balance sheet or income statement drivers, such as Depreciation And Amortization of 105.9 M, Selling General Administrative of 796.3 M or Total Revenue of 1.8 B, as well as many indicators such as Price To Sales Ratio of 0.0465, Dividend Yield of 0.0029 or PTB Ratio of 0.44. Central financial statements analysis is a perfect complement when working with Central Garden Valuation or Volatility modules.
  
Check out the analysis of Central Garden Correlation against competitors.

Latest Central Garden's Roic Growth Pattern

Below is the plot of the Roic of Central Garden Pet over the last few years. It is return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders. Central Garden's ROIC historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Central Garden's overall financial position and show how it may be relating to other accounts over time.
Roic10 Years Trend
Slightly volatile
   Roic   
       Timeline  

Central Roic Regression Statistics

Arithmetic Mean0.08
Geometric Mean0.08
Coefficient Of Variation19.47
Mean Deviation0.01
Median0.08
Standard Deviation0.02
Sample Variance0.0002
Range0.0491
R-Value(0.31)
Mean Square Error0.0002
R-Squared0.1
Significance0.25
Slope(0)
Total Sum of Squares0

Central Roic History

2024 0.0968
2022 0.0477
2016 0.0777
2011 0.0893
2010 0.0589

About Central Garden Financial Statements

Central Garden shareholders use historical fundamental indicators, such as Roic, to determine how well the company is positioned to perform in the future. Although Central Garden investors may analyze each financial statement separately, they are all interrelated. The changes in Central Garden's assets and liabilities, for example, are also reflected in the revenues and expenses on on Central Garden's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
ROIC 0.05  0.10 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Central Stock Analysis

When running Central Garden's price analysis, check to measure Central Garden's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Central Garden is operating at the current time. Most of Central Garden's value examination focuses on studying past and present price action to predict the probability of Central Garden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Central Garden's price. Additionally, you may evaluate how the addition of Central Garden to your portfolios can decrease your overall portfolio volatility.