Seera Group Holding (SAU:1810) ROCE % : 7.03% (As of Dec. 2023)

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What is Seera Group Holding ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Seera Group Holding's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.03%.

Seera Group Holding ROCE % Historical Data

The historical data trend for Seera Group Holding's ROCE % 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.

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Seera Group Holding ROCE % Chart

Seera Group Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.04

1.04

-4.56

0.06

5.62

Seera Group Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															0.58	6.11	6.39	3.51	7.03

Seera Group Holding ROCE % Calculation

Seera Group Holding's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	412.413	/	( ( (8526.138 - 2220.633)	+	(11400.404 - 3035.509) )	/ 2 )
	=	412.413	/	( (6305.505	+	8364.895)	/ 2 )
	=	412.413	/	7335.2
	=	5.62 %

Seera Group Holding's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	571.728	/	( ( (10442.931 - 2548.846)	+	(11400.404 - 3035.509) )	/ 2 )
	=	571.728	/	( ( 7894.085	+	8364.895 )	/ 2 )
	=	571.728	/	8129.49
	=	7.03 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Seera Group Holding (SAU:1810) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Seera Group Holding ROCE % Related Terms

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Seera Group Holding (SAU:1810) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Seera Group Holding (SAU:1810) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Takhasussi Street, P.O. Box 52660, Olaya, Riyadh, SAU, 11573

Website

https://www.seera.sa

Seera Group Holding is a Saudi Joint Stock company registered in Riyadh, Kingdom of Saudi Arabia. Al Tayyar Travel Group activities encompass scheduled air travel services, tourism, cargo, transportation, Hajj and Umrah, conference and events, education, chartered flights, furnished suites and hotels, shipping and other travel-related services and products. The group comprises following business segments namely Ticketing, Tourism, Transportation, Hospitality, and Property rentals. The company generates the majority of its revenue from the Transportation segment which provides transportation-related services, such as car rentals, chartered flights, and delivery of shipments.

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