GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zvi Sarfati & Sons Investments & Constructions Ltd (XTAE:SRFT) » Definitions » ROCE %

Zvirfati & Sons Investmentsnstructions (XTAE:SRFT) ROCE % : 9.40% (As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Zvirfati & Sons Investmentsnstructions 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. Zvirfati & Sons Investmentsnstructions's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.40%.


Zvirfati & Sons Investmentsnstructions ROCE % Historical Data

The historical data trend for Zvirfati & Sons Investmentsnstructions'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.

Zvirfati & Sons Investmentsnstructions ROCE % Chart

Zvirfati & Sons Investmentsnstructions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.34 7.31 50.15 33.19 11.53

Zvirfati & Sons Investmentsnstructions 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.85 15.01 10.40 10.13 9.40

Zvirfati & Sons Investmentsnstructions ROCE % Calculation

Zvirfati & Sons Investmentsnstructions'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 )
=72.121/( ( (1226.325 - 659.757) + (1322.056 - 637.906) )/ 2 )
=72.121/( (566.568+684.15)/ 2 )
=72.121/625.359
=11.53 %

Zvirfati & Sons Investmentsnstructions'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 )
=65.984/( ( (1302.439 - 582.886) + (1322.056 - 637.906) )/ 2 )
=65.984/( ( 719.553 + 684.15 )/ 2 )
=65.984/701.8515
=9.40 %

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

* 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.


Zvirfati & Sons Investmentsnstructions  (XTAE:SRFT) 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.


Zvirfati & Sons Investmentsnstructions ROCE % Related Terms

Thank you for viewing the detailed overview of Zvirfati & Sons Investmentsnstructions's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Zvirfati & Sons Investmentsnstructions (XTAE:SRFT) Business Description

Traded in Other Exchanges
N/A
Address
91 Herzl Street, French house, Rishon Le'zion, ISR, 7526201
Zvi Sarfati & Sons Investments & Constructions Ltd is an Israel based real estate company. It is engaged in construction of real estate properties such as office buildings, residential housing & store spaces. Its projects include Beer Yaakov, Pardes Hanna, Ness Ziona, Kiryat Ono.

Zvirfati & Sons Investmentsnstructions (XTAE:SRFT) Headlines

No Headlines