Dubai Investments PJSC (DFM:DIC) ROCE % : 9.21% (As of Dec. 2023)

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What is Dubai Investments 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 Investments PJSC's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.21%.

Dubai Investments PJSC ROCE % Historical Data

The historical data trend for Dubai Investments 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 Investments PJSC ROCE % Chart

Dubai Investments PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.86

2.93

4.65

10.38

8.49

Dubai Investments 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															3.83	9.34	8.03	7.45	9.21

Dubai Investments PJSC ROCE % Calculation

Dubai Investments 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 )
	=	1480.981	/	( ( (20467.255 - 3223.766)	+	(21437.797 - 3807.699) )	/ 2 )
	=	1480.981	/	( (17243.489	+	17630.098)	/ 2 )
	=	1480.981	/	17436.7935
	=	8.49 %

Dubai Investments 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 )
	=	1609.748	/	( ( (21083.726 - 3772.612)	+	(21437.797 - 3807.699) )	/ 2 )
	=	1609.748	/	( ( 17311.114	+	17630.098 )	/ 2 )
	=	1609.748	/	17470.606
	=	9.21 %

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

Dubai Investments PJSC (DFM:DIC) 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 Investments PJSC ROCE % Related Terms

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Dubai Investments PJSC (DFM:DIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Dubai Investments PJSC (DFM:DIC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dubai Investments Park, P.O. Box 28171, Jebel Ali, Dubai, ARE

Website

http://www.dubaiinvestments.com

Dubai Investments PJSC is an investment company with a focus in real estate, manufacturing, industrial, and financial investments across the Middle East. The operations are divided into three segments: The property segment develops real estate for sale and leasing. The manufacturing, contracting, and Services segment manufactures and sells materials used in construction projects, executing construction contracts, production of raw and architectural glass, pharmaceutical products, cooling services, production, aluminium extruded products, laboratory furniture, healthcare, and education. The investments segment includes strategic minority investments in associates, investment banking, asset management and financial investments.

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