Orascom Development EgyptE (CAI:ORHD) ROCE % : -12.39% (As of Mar. 2024)

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What is Orascom Development EgyptE 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. Orascom Development EgyptE's annualized ROCE % for the quarter that ended in Mar. 2024 was -12.39%.

Orascom Development EgyptE ROCE % Historical Data

The historical data trend for Orascom Development EgyptE'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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Orascom Development EgyptE ROCE % Chart

Orascom Development EgyptE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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14.08

7.90

13.80

16.46

23.62

Orascom Development EgyptE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															11.12	19.63	27.40	28.11	-12.39

Orascom Development EgyptE ROCE % Calculation

Orascom Development EgyptE'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 )
	=	5288.729	/	( ( (28268.585 - 8720.682)	+	(39235.978 - 14003.158) )	/ 2 )
	=	5288.729	/	( (19547.903	+	25232.82)	/ 2 )
	=	5288.729	/	22390.3615
	=	23.62 %

Orascom Development EgyptE's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-3398.176	/	( ( (39235.978 - 14003.158)	+	(44887.482 - 15252.522) )	/ 2 )
	=	-3398.176	/	( ( 25232.82	+	29634.96 )	/ 2 )
	=	-3398.176	/	27433.89
	=	-12.39 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Orascom Development EgyptE (CAI:ORHD) 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.

Orascom Development EgyptE ROCE % Related Terms

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Orascom Development EgyptE (CAI:ORHD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Orascom Development Egypt SAE (CAI:ORHD) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Nile City Towers, South Tower, 9th Floor, 2005 A Corniche El Nil, Cairo, EGY, 11221

Website

https://www.orascomde.com

Orascom Development Egypt SAE is engaged in the development of integrated destinations in Egypt including private villas and apartments, hotels, leisure facilities and other supporting infrastructure. Its segments are Hotels, Real estate, Land sales, Town Management and Other Operations. The Hotel segment includes the provision of hospitality services in two to five-star hotels. Its Real-estate and construction segment includes an acquisition of land in undeveloped areas. The Land sales segment includes the sale of land and land rights to others. Town management consists of the provision of facilities and infrastructure services at resorts and towns. The Other segment comprises of rentals from investment properties, mortgages, hospital services, educational services, and other services.

Orascom Development EgyptE (CAI:ORHD) Headlines

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