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Abu Dhabi National Oil Co For Distribution PJSC (ADX:ADNOCDIST) ROCE % : 31.78% (As of Mar. 2025)


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What is Abu Dhabi National Oil Co For Distribution PJSC 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. Abu Dhabi National Oil Co For Distribution PJSC's annualized ROCE % for the quarter that ended in Mar. 2025 was 31.78%.


Abu Dhabi National Oil Co For Distribution PJSC ROCE % Historical Data

The historical data trend for Abu Dhabi National Oil Co For Distribution PJSC'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.

Abu Dhabi National Oil Co For Distribution PJSC ROCE % Chart

Abu Dhabi National Oil Co For Distribution PJSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.02 32.45 38.18 25.26 25.97

Abu Dhabi National Oil Co For Distribution PJSC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 28.69 30.44 31.18 15.79 31.78

Abu Dhabi National Oil Co For Distribution PJSC ROCE % Calculation

Abu Dhabi National Oil Co For Distribution PJSC's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=2857.502/( ( (18891.629 - 7551.999) + (18180.794 - 7513.912) )/ 2 )
=2857.502/( (11339.63+10666.882)/ 2 )
=2857.502/11003.256
=25.97 %

Abu Dhabi National Oil Co For Distribution PJSC's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=3290.604/( ( (18180.794 - 7513.912) + (18139.495 - 8094.642) )/ 2 )
=3290.604/( ( 10666.882 + 10044.853 )/ 2 )
=3290.604/10355.8675
=31.78 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) 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.


Abu Dhabi National Oil Co For Distribution PJSC  (ADX:ADNOCDIST) 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.


Abu Dhabi National Oil Co For Distribution PJSC ROCE % Related Terms

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Abu Dhabi National Oil Co For Distribution PJSC Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Zayed Street, P.O. Box 4188, Next to to ADCB Building, Abu Dhabi, ARE
Abu Dhabi National Oil Co For Distribution PJSC is engaged in the marketing of petroleum products, natural gas, and ancillary products. It owns retail fuel stations in the United Arab Emirates (UAE), the Arab Republic of Egypt, and the Kingdom of Saudi Arabia. In addition, the group also sells petroleum products to government and commercial customers, and provides aviation fuel and fueling services to its clients. Its reportable segments are Commercial (B2B) and Retail (B2C). Maximum revenue is generated from the Retail (B2C) segment, which is engaged in the sale of gasoline and petroleum products, convenience store sales, car wash and other car care services, oil change services, vehicle inspection services, and property leasing and management through the retail sites.

Abu Dhabi National Oil Co For Distribution PJSC Headlines

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