Seef Properties BSC (BAH:SEEF) ROCE % : 3.68% (As of Mar. 2024)

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What is Seef Properties BSC 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. Seef Properties BSC's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.68%.

Seef Properties BSC ROCE % Historical Data

The historical data trend for Seef Properties BSC'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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Seef Properties BSC ROCE % Chart

Seef Properties BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.25

3.15

3.37

4.11

4.17

Seef Properties BSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															4.22	4.70	3.82	4.09	3.68

Seef Properties BSC ROCE % Calculation

Seef Properties BSC'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 )
	=	7.25	/	( ( (179.349 - 5.862)	+	(178.994 - 4.932) )	/ 2 )
	=	7.25	/	( (173.487	+	174.062)	/ 2 )
	=	7.25	/	173.7745
	=	4.17 %

Seef Properties BSC's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	6.352	/	( ( (178.994 - 4.932)	+	(175.767 - 4.725) )	/ 2 )
	=	6.352	/	( ( 174.062	+	171.042 )	/ 2 )
	=	6.352	/	172.552
	=	3.68 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Seef Properties BSC (BAH:SEEF) 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.

Seef Properties BSC ROCE % Related Terms

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Seef Properties BSC (BAH:SEEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Seef Properties BSC (BAH:SEEF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 2102, Road 2825, Block 428, P.O. Box 20084,, Seef District, Manama, BHR

Website

https://www.seef.com.bh

Seef Properties BSC is an integrated real estate development company in the Kingdom of Bahrain. The company specialised in developing and managing commercial leisure and recreational facilities. It also owns and manages three Seef Malls located in different areas around the Kingdom. Magic Island, is an Indoor theme park located within its Malls. Al Liwan, a mixed-use development project, and Fraser Suites Seef Bahrain serviced apartments located in Seef Mall and managed by Fraser Suites, a global hospitality brand.

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