Dubai Financial Market PJSC (DFM:DFM) ROCE % : 7.01% (As of Dec. 2023)

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What is Dubai Financial Market 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. Dubai Financial Market PJSC's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.01%.

Dubai Financial Market PJSC ROCE % Historical Data

The historical data trend for Dubai Financial Market 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.

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Dubai Financial Market PJSC ROCE % Chart

Dubai Financial Market PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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1.59

1.84

1.28

1.81

4.07

Dubai Financial Market PJSC 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															2.88	1.78	3.88	3.68	7.01

Dubai Financial Market PJSC ROCE % Calculation

Dubai Financial Market PJSC'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 )
	=	329.7	/	( ( (9493.989 - 1491.089)	+	(9836.819 - 1620.974) )	/ 2 )
	=	329.7	/	( (8002.9	+	8215.845)	/ 2 )
	=	329.7	/	8109.3725
	=	4.07 %

Dubai Financial Market PJSC'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 )
	=	573.136	/	( ( (9844.392 - 1715.98)	+	(9836.819 - 1620.974) )	/ 2 )
	=	573.136	/	( ( 8128.412	+	8215.845 )	/ 2 )
	=	573.136	/	8172.1285
	=	7.01 %

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

Dubai Financial Market PJSC (DFM:DFM) 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.

Dubai Financial Market PJSC ROCE % Related Terms

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Dubai Financial Market PJSC (DFM:DFM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Dubai Financial Market PJSC (DFM:DFM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sheikh Zayed Road, P.O. Box 9700, Reception - Mezzanine Floor, Dubai World Trade Center Building, Dubai, ARE

Website

https://www.dfm.ae

Dubai Financial Market PJSC (DFM) operates as a regulated secondary market for the trading of securities issued by public shareholding companies, bonds issued by federal or local governments, local public institutions, and mutual funds as well as other local or foreign financial instruments. The company operates according to the principles of Sharia law. Revenue is derived from trading, investment, administration, and DFM's subsidiaries. Trading constitutes a majority of revenue.

Dubai Financial Market PJSC (DFM:DFM) Headlines

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