Wafrah for Industry and Development (SAU:2100) ROCE % : 12.30% (As of Dec. 2023)

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

What is Wafrah for Industry and Development 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. Wafrah for Industry and Development's annualized ROCE % for the quarter that ended in Dec. 2023 was 12.30%.

Wafrah for Industry and Development ROCE % Historical Data

The historical data trend for Wafrah for Industry and Development'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.

Wafrah for Industry and Development ROCE % Chart

Wafrah for Industry and Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-19.98

-7.60

-10.21

11.38

10.78

Wafrah for Industry and Development 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															1.79	10.96	9.73	9.13	12.30

Wafrah for Industry and Development ROCE % Calculation

Wafrah for Industry and Development'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 )
	=	25.417	/	( ( (309.389 - 84.656)	+	(321.985 - 75.338) )	/ 2 )
	=	25.417	/	( (224.733	+	246.647)	/ 2 )
	=	25.417	/	235.69
	=	10.78 %

Wafrah for Industry and Development'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 )
	=	30.44	/	( ( (321.531 - 73.209)	+	(321.985 - 75.338) )	/ 2 )
	=	30.44	/	( ( 248.322	+	246.647 )	/ 2 )
	=	30.44	/	247.4845
	=	12.30 %

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

Wafrah for Industry and Development (SAU:2100) 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.

Wafrah for Industry and Development ROCE % Related Terms

Thank you for viewing the detailed overview of Wafrah for Industry and Development's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Wafrah for Industry and Development (SAU:2100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wafrah for Industry and Development (SAU:2100) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O.Box 131, Riyadh, SAU, 11383

Website

https://www.wafrah.com

Wafrah for Industry and Development is engaged in the manufacture, canning, preservation, processing, development, and marketing of food products for local and foreign markets. Its products include Pasta products, Frozen and cooked meat, Frozen potato chips, Peanut products, and Breakfast cereals, among others. The group had four reportable segments: The pasta sector, Vegetable sector, the Breakfast bans sector, and the Meat products sector. The company's operations are located in the Kingdom of Saudi Arabia.

Wafrah for Industry and Development (SAU:2100) Headlines

No Headlines