Fujairah Building Industries PJSC (ADX:FBI) ROCE % : 5.60% (As of Dec. 2023)

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What is Fujairah Building Industries 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. Fujairah Building Industries PJSC's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.60%.

Fujairah Building Industries PJSC ROCE % Historical Data

The historical data trend for Fujairah Building Industries 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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Fujairah Building Industries PJSC ROCE % Chart

Fujairah Building Industries PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.75

10.20

6.84

5.14

5.60

Fujairah Building Industries PJSC Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
ROCE %	Get a 7-Day Free Trial													13.75	10.20	6.84	5.14	5.60

Fujairah Building Industries PJSC ROCE % Calculation

Fujairah Building Industries 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 )
	=	20.872	/	( ( (418.567 - 33.941)	+	(397.729 - 37.32) )	/ 2 )
	=	20.872	/	( (384.626	+	360.409)	/ 2 )
	=	20.872	/	372.5175
	=	5.60 %

Fujairah Building Industries 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: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	20.872	/	( ( (418.567 - 33.941)	+	(397.729 - 37.32) )	/ 2 )
	=	20.872	/	( ( 384.626	+	360.409 )	/ 2 )
	=	20.872	/	372.5175
	=	5.60 %

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

Fujairah Building Industries PJSC (ADX:FBI) 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.

Fujairah Building Industries PJSC ROCE % Related Terms

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Fujairah Building Industries PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fujairah Building Industries PJSC (ADX:FBI) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Al Hayl Industrial Area, P.O. Box 383, Fujairah, ARE

Website

https://www.fujfbi.ae

Fujairah Building Industries PJSC is engaged in the construction sector. The products of the company are Concrete products, Rockwool products, Quarry products, and Marbles and tiles. Geographically, the company derives maximum revenue from UAE.

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