International Holdings Co PJSC (ADX:IHC) ROCE % : 37.33% (As of Dec. 2023)

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What is International Holdings Co PJSC 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. International Holdings Co PJSC's annualized ROCE % for the quarter that ended in Dec. 2023 was 37.33%.

International Holdings Co PJSC ROCE % Historical Data

The historical data trend for International Holdings Co PJSC'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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International Holdings Co PJSC ROCE % Chart

International Holdings Co PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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30.25

51.51

31.88

28.09

18.73

International Holdings Co PJSC 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															21.38	10.91	14.94	12.81	37.33

International Holdings Co PJSC ROCE % Calculation

International Holdings Co PJSC'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 )
	=	36051.808	/	( ( (228034.494 - 52131.091)	+	(264274.953 - 55261.578) )	/ 2 )
	=	36051.808	/	( (175903.403	+	209013.375)	/ 2 )
	=	36051.808	/	192458.389
	=	18.73 %

International Holdings Co PJSC'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 )
	=	74405.784	/	( ( (235573.167 - 45933.055)	+	(264274.953 - 55261.578) )	/ 2 )
	=	74405.784	/	( ( 189640.112	+	209013.375 )	/ 2 )
	=	74405.784	/	199326.7435
	=	37.33 %

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

International Holdings Co PJSC (ADX:IHC) 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.

International Holdings Co PJSC ROCE % Related Terms

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International Holdings Co PJSC (ADX:IHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » International Holdings Co PJSC (ADX:IHC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot C-18, E-48, Second Floor, RG Procurement Building, P.O. Box 32619, Abu Dhabi, ARE

Website

https://www.ihcuae.com

International Holdings Co PJSC is a United Arab Emirates-based public joint stock company. The group, along with its subsidiaries, is engaged in management services and investing in diversified projects; trading and importing of food items; sale of poultry products and others. The company is organized into business segments as follows: Asset Management, Real estate and construction, Utilities, Financial services, Food, Healthcare, Marine and dredging, Services and other segments.