Retal Urban Development Co (SAU:4322) ROCE % : 22.72% (As of Mar. 2024)

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What is Retal Urban Development Co 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. Retal Urban Development Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 22.72%.

Retal Urban Development Co ROCE % Historical Data

The historical data trend for Retal Urban Development Co'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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Retal Urban Development Co ROCE % Chart

Retal Urban Development Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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22.10

21.84

27.26

27.25

20.62

Retal Urban Development Co Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial													17.18	23.99	16.59	23.10	22.72

Retal Urban Development Co ROCE % Calculation

Retal Urban Development Co'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 )
	=	317.747	/	( ( (2421.133 - 1192.779)	+	(3632.115 - 1778.722) )	/ 2 )
	=	317.747	/	( (1228.354	+	1853.393)	/ 2 )
	=	317.747	/	1540.8735
	=	20.62 %

Retal Urban Development Co'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 )
	=	397.788	/	( ( (3632.115 - 1778.722)	+	(3843.164 - 2195.06) )	/ 2 )
	=	397.788	/	( ( 1853.393	+	1648.104 )	/ 2 )
	=	397.788	/	1750.7485
	=	22.72 %

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

Retal Urban Development Co (SAU:4322) 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.

Retal Urban Development Co ROCE % Related Terms

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Retal Urban Development Co (SAU:4322) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Faisal Bin Fahad Bin Abdul Aziz Street, Al Rawabi, P.O. Box 1448, Al Khobar, SAU, 31952

Website

https://www.retal.com.sa

Retal Urban Development Co is principally engaged in the purchase and sale of lands, investment in real estate, its division, and the off-plan sales, general construction of buildings, non-residential public buildings constructions, including schools, hospitals, hotels. Construction of buildings, dams, and tunnels; Management and operating of factories, industrial projects, malls, hotels, restaurants, and supermarkets; Maintenance and repair of irrigation and drainage works, including airports, water facilities, sanitation, telephone networks, and artesian wells.

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