Dubai Taxi Co (DFM:DTC) ROCE % : 28.18% (As of Dec. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Dubai Taxi Co 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. Dubai Taxi Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 28.18%.

Dubai Taxi Co ROCE % Historical Data

The historical data trend for Dubai Taxi Co'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.

* Premium members only.

Dubai Taxi Co ROCE % Chart

Dubai Taxi Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

-37.00

40.20

54.10

40.66

28.86

Dubai Taxi Co Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial									28.43	39.51	29.23	22.66	28.18

Dubai Taxi Co ROCE % Calculation

Dubai Taxi Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	425.518	/	( ( (1956.008 - 616.147)	+	(2318.361 - 709.78) )	/ 2 )
	=	425.518	/	( (1339.861	+	1608.581)	/ 2 )
	=	425.518	/	1474.221
	=	28.86 %

Dubai Taxi Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	428.46	/	( ( (2098.729 - 666.47)	+	(2318.361 - 709.78) )	/ 2 )
	=	428.46	/	( ( 1432.259	+	1608.581 )	/ 2 )
	=	428.46	/	1520.42
	=	28.18 %

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

Dubai Taxi Co (DFM:DTC) 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.

Dubai Taxi Co ROCE % Related Terms

Thank you for viewing the detailed overview of Dubai Taxi Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Dubai Taxi Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Dubai Taxi Co (DFM:DTC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Amman Street, P.O. Box 2647, First floor, main building, Al Muhaisnah area, Dubai, ARE

Website

https://www.dubaitaxi.ae

Dubai Taxi Co is a mobility solutions and taxi operator company in Dubai. It offers a wide range of transportation solutions across its four main business lines, which include taxi services through its large, environmentally friendly fleet, VIP limousine services consisting of chauffeur-driven vehicles to provide luxury service, bus services, and last-mile delivery services via delivery bikes. It generates the majority of its revenue from Regular Taxi.