Abdulaziz and Mansour Ibrahim Albabtin Co (SAU:9549) ROCE % : 12.52% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Abdulaziz and Mansour Ibrahim Albabtin Co 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. Abdulaziz and Mansour Ibrahim Albabtin Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 12.52%.

Abdulaziz and Mansour Ibrahim Albabtin Co ROCE % Historical Data

The historical data trend for Abdulaziz and Mansour Ibrahim Albabtin Co'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.

* Premium members only.

Abdulaziz and Mansour Ibrahim Albabtin Co ROCE % Chart

Abdulaziz and Mansour Ibrahim Albabtin Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

28.13

39.12

27.65

12.25

Abdulaziz and Mansour Ibrahim Albabtin Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-	25.49	29.36	12.42	12.52

Abdulaziz and Mansour Ibrahim Albabtin Co ROCE % Calculation

Abdulaziz and Mansour Ibrahim Albabtin Co'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 )
	=	8.426	/	( ( (93.904 - 27.547)	+	(112.036 - 40.879) )	/ 2 )
	=	8.426	/	( (66.357	+	71.157)	/ 2 )
	=	8.426	/	68.757
	=	12.25 %

Abdulaziz and Mansour Ibrahim Albabtin Co'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	8.608	/	( ( (102.284 - 35.882)	+	(112.036 - 40.879) )	/ 2 )
	=	8.608	/	( ( 66.402	+	71.157 )	/ 2 )
	=	8.608	/	68.7795
	=	12.52 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Abdulaziz and Mansour Ibrahim Albabtin Co (SAU:9549) 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.

Abdulaziz and Mansour Ibrahim Albabtin Co ROCE % Related Terms

Thank you for viewing the detailed overview of Abdulaziz and Mansour Ibrahim Albabtin Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Abdulaziz and Mansour Ibrahim Albabtin Co (SAU:9549) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Abdulaziz and Mansour Ibrahim Albabtin Co (SAU:9549) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Khures Road, King Abdullah District, Riyadh, SAU, 14322

Website

https://www.albabtainfood.com

Abdulaziz and Mansour Ibrahim Albabtin Co offers high quality products in pastry, bakery, and ice cream.

Abdulaziz and Mansour Ibrahim Albabtin Co (SAU:9549) Headlines

No Headlines