Emirates Telecommunications Group Co PJSC (ADX:EAND) ROCE %: 22.55% (As of Mar. 2026)


ADX:EAND Emirates Telecommunications Group Co PJSC ADX:EAND
83 GF Score
Price د.إ19.54
GF Value د.إ22.73
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Emirates Telecommunications Group Co PJSC ROCE %?

Emirates Telecommunications Group Co PJSC ADX:EAND 83 ROCE % is 22.55% as of Mar. 2026. GuruFocus rates ADX:EAND with a GF Score™ of 83/100 and a GF Value™ of د.إ22.73 (Modestly Undervalued). The stock has 8 warning signs investors should review.

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. Emirates Telecommunications Group Co PJSC's annualized ROCE % for the quarter that ended in Mar. 2026 was 22.55%.


Emirates Telecommunications Group Co PJSC  (ADX:EAND) 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.


Emirates Telecommunications Group Co PJSC ROCE % Related Terms


Emirates Telecommunications Group Co PJSC ROCE % Historical Data

* Premium members only.

The historical data trend for Emirates Telecommunications Group Co 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.

Emirates Telecommunications Group Co PJSC ROCE % Chart

Emirates Telecommunications Group Co PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.83 16.81 21.15 20.84 27.37

Emirates Telecommunications Group Co PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 37.89 24.86 24.61 20.84 22.55
ADX:EAND
83GF Score
Emirates Telecommunications Group Co PJSC ADX:EAND
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Emirates Telecommunications Group Co PJSC ROCE % Calculation

Emirates Telecommunications Group Co PJSC's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=30524.376/( ( (183326.504 - 76904.168) + (205059.139 - 88431.592) )/ 2 )
=30524.376/( (106422.336+116627.547)/ 2 )
=30524.376/111524.9415
=27.37 %

Emirates Telecommunications Group Co PJSC's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=25811.764/( ( (205059.139 - 88431.592) + (207682.452 - 95394.672) )/ 2 )
=25811.764/( ( 116627.547 + 112287.78 )/ 2 )
=25811.764/114457.6635
=22.55 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) 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 22.55% mean?
Emirates Telecommunications Group Co PJSC (ADX:EAND) has a ROCE % of 22.55% as of Mar. 2026.
Is Emirates Telecommunications Group Co PJSC's ROCE % too high?
Emirates Telecommunications Group Co PJSC's current ROCE % is 22.55%. The Telecommunication Services industry median ROCE % is 7.72. Emirates Telecommunications Group Co PJSC's value of 22.55% is 192.1% above this industry median. Overall, Emirates Telecommunications Group Co PJSC has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emirates Telecommunications Group Co PJSC's ROCE % compare to TMUS and VZ?
Emirates Telecommunications Group Co PJSC's ROCE % of 22.55% can be compared against companies in the Telecommunication Services industry. The industry median ROCE % is 7.72. Emirates Telecommunications Group Co PJSC's value of 22.55% is 192.1% 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 Telecommunication Services company?
The median ROCE % among Telecommunication Services companies is 7.72, based on 356 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. Emirates Telecommunications Group Co PJSC's current ROCE % of 22.55% is 192.1% 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 Telecommunication Services industry, the median ROCE % is 7.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emirates Telecommunications Group Co PJSC's current ROCE % is 22.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emirates Telecommunications Group Co PJSC stock overvalued right now?
Based on GuruFocus' analysis, Emirates Telecommunications Group Co PJSC (ADX:EAND) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ22.73, compared to a current price of د.إ19.54 — trading 14% below its estimated fair value. The current ROCE % is 22.55% and 192.1% above the Telecommunication Services industry median of 7.72. Emirates Telecommunications Group Co PJSC's overall GF Score™ is 83/100 with 8 warning signs to review. 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 Emirates Telecommunications Group Co PJSC (ADX:EAND), the current ROCE % is 22.55% as of Mar. 2026. 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.

Is Emirates Telecommunications Group Co PJSC (ADX:EAND) Overvalued in 2026?

Based on GuruFocus' analysis, Emirates Telecommunications Group Co PJSC stock appears to be undervalued. The current stock price of د.إ19.54 is trading 14% below its estimated GF Value™ of د.إ22.73. GuruFocus considers Emirates Telecommunications Group Co PJSC to be Modestly Undervalued.

Key valuation signals for ADX:EAND:

  • ROCE %: 22.55%
  • GF Value™: د.إ22.73 vs. price of د.إ19.54 (14% below fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 192.1% above the Telecommunication Services median

No single metric tells the full story. See the ADX:EAND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Emirates Telecommunications Group Co PJSC Business Description

Address Intersection of Zayed, The 1st Street and Sheikh Rashid Bin Saeed Al Maktoum Street, P.O. Box 3838, Etisalat Building, Abu Dhabi, ARE
Emirates Telecommunications Group Co PJSC is a telecommunications company. Through its subsidiaries, the company provides telecommunication and consulting services, media services, and equipment to over sixteen countries in Asia and Africa. It specializes in fixed-line services, voice communication, wireless communication, and data communication services. The majority of the company's revenues profits and assets relates to its operations in the UAE.
83GF Score

Get the complete analysis for ADX:EAND

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ19.54
Price
د.إ22.73
GF Value