Anan Investment Holding PJSC (ADX:ANAN) ROCE %: 7.39% (As of Jun. 2019)


What is Anan Investment Holding PJSC ROCE %?

Anan Investment Holding PJSC ADX:ANAN ROCE % is 7.39% as of Jun. 2019.

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. Anan Investment Holding PJSC's annualized ROCE % for the quarter that ended in Jun. 2019 was 7.39%.

Anan Investment Holding PJSC  (ADX:ANAN) 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.

Anan Investment Holding PJSC ROCE % Related Terms

Anan Investment Holding PJSC ROCE % Historical Data

* Premium members only.

The historical data trend for Anan Investment Holding 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.

Anan Investment Holding PJSC ROCE % Chart

Anan Investment Holding PJSC Annual Data
Trend Dec17 Dec18
ROCE %
-27.09 17.94

Anan Investment Holding PJSC Semi-Annual Data
Dec17 Jun18 Dec18 Jun19
ROCE % 0.00 215.99 11.57 7.39

Anan Investment Holding PJSC ROCE % Calculation

Anan Investment Holding PJSC's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=358.813/( ( (128.064 - 3.401) + (5932.433 - 2056.619) )/ 2 )
=358.813/( (124.663+3875.814)/ 2 )
=358.813/2000.2385
=17.94 %

Anan Investment Holding PJSC's ROCE % of for the quarter that ended in Jun. 2019 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2019 )  (Q: Dec. 2018 )(Q: Jun. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2019 )  (Q: Dec. 2018 )(Q: Jun. 2019 )
=280.634/( ( (5932.433 - 2056.619) + (5830.54 - 2112.451) )/ 2 )
=280.634/( ( 3875.814 + 3718.089 )/ 2 )
=280.634/3796.9515
=7.39 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2019) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 7.39% mean?
Anan Investment Holding PJSC (ADX:ANAN) has a ROCE % of 7.39% as of Jun. 2019.
Is Anan Investment Holding PJSC's ROCE % too high?
Anan Investment Holding PJSC's current ROCE % is 7.39%. The Real Estate industry median ROCE % is 4.64. Anan Investment Holding PJSC's value of 7.39% is 59.3% above this industry median.
How does Anan Investment Holding PJSC's ROCE % compare to competitors?
Anan Investment Holding PJSC's ROCE % of 7.39% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.64. Anan Investment Holding PJSC's value of 7.39% is 59.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Real Estate company?
The median ROCE % among Real Estate companies is 4.64, based on 1,757 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anan Investment Holding PJSC's current ROCE % of 7.39% is 59.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Real Estate industry, the median ROCE % is 4.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anan Investment Holding PJSC's current ROCE % is 7.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anan Investment Holding PJSC stock overvalued right now?
Anan Investment Holding PJSC (ADX:ANAN) has a current ROCE % of 7.39%. The current ROCE % is 7.39% and 59.3% above the Real Estate industry median of 4.64. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Anan Investment Holding PJSC (ADX:ANAN), the current ROCE % is 7.39% as of Jun. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Anan Investment Holding PJSC Business Description

Address Kan'ad Street, Zone 1, Fotouh Al Khair Center, Tower No. 1, Floor No. 0, Office No. 2, Abu Dhabi, ARE
Anan Investment Holding PJSC is engaged in developing, investing in, and managing real estate properties. The company's operations are focused on real estate development. investment and marketing in various sectors, including tourism, industry, and others. Its project profile includes Wahat Alzaweya, Aryaf, Nasayem, Shamma Centre, Waha Living, Marya Boutique, and others.