GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Giza General Contracting & Real Estate Investment SA (CAI:GGCC) » Definitions » ROC %

Giza General Contracting & Real Estate Investment (CAI:GGCC) ROC % : 0.00% (As of . 20)


View and export this data going back to 1997. Start your Free Trial

What is Giza General Contracting & Real Estate Investment ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Giza General Contracting & Real Estate Investment's annualized return on capital (ROC %) for the quarter that ended in . 20 was 0.00%.

As of today (2024-05-26), Giza General Contracting & Real Estate Investment's WACC % is 0.00%. Giza General Contracting & Real Estate Investment's ROC % is 0.00% (calculated using TTM income statement data). Giza General Contracting & Real Estate Investment earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Giza General Contracting & Real Estate Investment ROC % Historical Data

The historical data trend for Giza General Contracting & Real Estate Investment's ROC % 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.

Giza General Contracting & Real Estate Investment ROC % Chart

Giza General Contracting & Real Estate Investment Annual Data
Trend
ROC %

Giza General Contracting & Real Estate Investment Quarterly Data
ROC %

Giza General Contracting & Real Estate Investment ROC % Calculation

Giza General Contracting & Real Estate Investment's annualized Return on Capital (ROC %) for the fiscal year that ended in . 20 is calculated as:

ROC % (A: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: . 20 ) + Invested Capital (A: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(A: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Invested Capital(A: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Giza General Contracting & Real Estate Investment's annualized Return on Capital (ROC %) for the quarter that ended in . 20 is calculated as:

ROC % (Q: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: . 20 ) + Invested Capital (Q: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(Q: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Invested Capital(Q: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Note: The Operating Income data used here is four times the quarterly (. 20) 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.

Giza General Contracting & Real Estate Investment  (CAI:GGCC) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Giza General Contracting & Real Estate Investment's WACC % is 0.00%. Giza General Contracting & Real Estate Investment's ROC % is 0.00% (calculated using TTM income statement data). Giza General Contracting & Real Estate Investment earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Giza General Contracting & Real Estate Investment ROC % Related Terms

Thank you for viewing the detailed overview of Giza General Contracting & Real Estate Investment's ROC % provided by GuruFocus.com. Please click on the following links to see related term pages.

Giza General Contracting & Real Estate Investment (CAI:GGCC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Giza General Contracting & Real Estate Investment SA (CAI:GGCC) » Definitions » ROC %
Comparable Companies
GRWC LSE:HUNT JSE:PPR XKLS:7131 SGX:S3N BKK:PRECHA SGX:BHD KUW:IRC BSP:GSHP3 KUW:SANAM ASX:DVN BOM:533393 TSE:3469 SGX:5UA FSE:4827 BKK:THANA TSE:1757 XKLS:7079 XKLS:4286 WAR:BBD
Traded in Other Exchanges
N/A
Address
46, El-Falaki Street, Bab El-Louk, Cairo, EGY
Website
http://www.al-giza.com
Giza General Contracting & Real Estate Investment SA provides general contracting and real estate development services. Its projects consist of Hospital First Gathering, Housing Marina Tourism, Housing Building Sheikh Zayed City, and others. The company develops hotels and touristic villages, hospitals, health institutes, mosques, services buildings, managerial buildings and factories, scientific institutes and educational schools, infrastructure works, and roads networks.

Giza General Contracting & Real Estate Investment (CAI:GGCC) Headlines

No Headlines