Alexander & Baldwin (FRA:ABU) ROCE % : 7.63% (As of Mar. 2024)

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What is Alexander & Baldwin 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. Alexander & Baldwin's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.63%.

Alexander & Baldwin ROCE % Historical Data

The historical data trend for Alexander & Baldwin'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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Alexander & Baldwin ROCE % Chart

Alexander & Baldwin Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-0.29

2.42

5.91

2.64

4.18

Alexander & Baldwin 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															3.71	4.13	4.48	3.69	7.63

Alexander & Baldwin ROCE % Calculation

Alexander & Baldwin'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 )
	=	58.505	/	( ( (1687.211 - 242.042)	+	(1509.565 - 154.148) )	/ 2 )
	=	58.505	/	( (1445.169	+	1355.417)	/ 2 )
	=	58.505	/	1400.293
	=	4.18 %

Alexander & Baldwin'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 )
	=	103.4	/	( ( (1509.565 - 154.148)	+	(1505.387 - 150.986) )	/ 2 )
	=	103.4	/	( ( 1355.417	+	1354.401 )	/ 2 )
	=	103.4	/	1354.909
	=	7.63 %

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

Alexander & Baldwin (FRA:ABU) 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.

Alexander & Baldwin ROCE % Related Terms

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Alexander & Baldwin (FRA:ABU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alexander & Baldwin Inc (FRA:ABU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ALEX:USA

Address

822 Bishop Street, Post Office Box 3440, Honolulu, HI, USA, 96801

Website

https://www.alexanderbaldwin.com

Alexander & Baldwin Inc operates in the real estate sector. It functions through two segments namely Commercial Real Estate and Land Operations The Commercial Real Estate segment owns and manages retail, industrial and office properties in Hawaii, thereby accounting for majority of the company's revenue. The Land Operations segment actively manages the company's land and real estate-related assets and makes optimum utilization of these assets. Geographically, the activities are carried out across the United States.

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