Arabian Steel Pipes Manufacturing (AMM:ASPMM) ROCE %: 0.00% (As of . 20)


What is Arabian Steel Pipes Manufacturing ROCE %?

Arabian Steel Pipes Manufacturing AMM:ASPMM -0.45% ROCE % is 0.00% as of . 20.

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. Arabian Steel Pipes Manufacturing's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Arabian Steel Pipes Manufacturing  (AMM:ASPMM) 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.

Arabian Steel Pipes Manufacturing ROCE % Related Terms

Arabian Steel Pipes Manufacturing ROCE % Historical Data

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The historical data trend for Arabian Steel Pipes Manufacturing'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.

Arabian Steel Pipes Manufacturing ROCE % Chart

Arabian Steel Pipes Manufacturing Annual Data
Trend
ROCE %

Arabian Steel Pipes Manufacturing Quarterly Data
ROCE %

Arabian Steel Pipes Manufacturing ROCE % Calculation

Arabian Steel Pipes Manufacturing's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Arabian Steel Pipes Manufacturing's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( ( + )/ )
=/
= %

(1) Note: The EBIT data used here is four times the quarterly (. 20) 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 0.00% mean?
Arabian Steel Pipes Manufacturing (AMM:ASPMM) has a ROCE % of 0.00% as of . 20.
Is Arabian Steel Pipes Manufacturing's ROCE % too high?
Arabian Steel Pipes Manufacturing's current ROCE % is 0.00%.
How does Arabian Steel Pipes Manufacturing's ROCE % compare to competitors?
Arabian Steel Pipes Manufacturing's ROCE % of 0.00% can be compared against companies in the Steel industry. The industry median ROCE % is 5.63. 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 Steel company?
The median ROCE % among Steel companies is 5.63, based on 624 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. 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 Steel industry, the median ROCE % is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arabian Steel Pipes Manufacturing's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arabian Steel Pipes Manufacturing stock overvalued right now?
Arabian Steel Pipes Manufacturing (AMM:ASPMM) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. 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 Arabian Steel Pipes Manufacturing (AMM:ASPMM), the current ROCE % is 0.00% as of . 20. 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.

Arabian Steel Pipes Manufacturing Business Description

Address 13 Amman Industrial Estate, Sahab, Amman, JOR, 11512
Arabian Steel Pipes Manufacturing is engaged in manufacturing steel pipes and tubes. Its products include circular, square, and rectangular steel tubes, electrical power transmission poles, 3LPE Coated Pipes, telecom towers, riser pipes, and much more. The company is also engaged in import and export, general trade, and production of electrical poles of all kinds, tubular, polygon, communication poles, forming sheet metal, manufacturing components of metal structures for special use, and general galvanizing. It includes the production of iron towers and their parts for high and medium-pressure electricity extension networks, communication towers, lighting towers, and insulation of pipes by all methods of insulation.