Al Firdous Holdings (DFM:ALFIRDOUS) ROCE % : -0.07% (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Al Firdous Holdings 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. Al Firdous Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.07%.

Al Firdous Holdings ROCE % Historical Data

The historical data trend for Al Firdous Holdings'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.

Al Firdous Holdings ROCE % Chart

Al Firdous Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

-1.20

-1.09

-0.45

-0.25

-0.15

Al Firdous Holdings 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															-0.16	-0.15	-0.12	-0.08	-0.07

Al Firdous Holdings ROCE % Calculation

Al Firdous Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-0.945	/	( ( (623.275 - 12.894)	+	(622.839 - 12.475) )	/ 2 )
	=	-0.945	/	( (610.381	+	610.364)	/ 2 )
	=	-0.945	/	610.3725
	=	-0.15 %

Al Firdous Holdings'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 )
	=	-0.448	/	( ( (622.937 - 12.425)	+	(622.908 - 12.458) )	/ 2 )
	=	-0.448	/	( ( 610.512	+	610.45 )	/ 2 )
	=	-0.448	/	610.481
	=	-0.07 %

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

Al Firdous Holdings (DFM:ALFIRDOUS) 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.

Al Firdous Holdings ROCE % Related Terms

Thank you for viewing the detailed overview of Al Firdous Holdings's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Al Firdous Holdings (DFM:ALFIRDOUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Al Firdous Holdings Ltd (DFM:ALFIRDOUS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Boulevard Plaza 2, Boulevard Shk Mohamed Bin Rashid, 14th Floor, office 1402 and 1403, P.O. Box 35000, Opposite to Burj Khalifa, Dubai, ARE

Website

http://www.alfirdouspjsc.com

Al Firdous Holdings Ltd, through its subsidiary, is engaged in managing and operating hotels and restaurants in the Emirate of Dubai. The company also organizes Hajj, Umrah trips and documents clearing services.

Al Firdous Holdings (DFM:ALFIRDOUS) Headlines

No Headlines