Tabreed PJSC (DFM:TABREED) ROCE %: 3.22% (As of Mar. 2026)

What is Tabreed PJSC ROCE %?

Tabreed PJSC DFM:TABREED 86 ROCE % is 3.22% as of Mar. 2026. GuruFocus rates DFM:TABREED with a GF Score™ of 86/100 and a GF Value™ of د.إ3.14 (Modestly Undervalued). The stock has 9 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. Tabreed PJSC's annualized ROCE % for the quarter that ended in Mar. 2026 was 3.22%.

Tabreed PJSC (DFM:TABREED) 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.

Tabreed PJSC ROCE % Related Terms

Tabreed PJSC ROCE % Historical Data

* Premium members only.

The historical data trend for Tabreed 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.

Tabreed PJSC ROCE % Chart

Tabreed PJSC Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

Get a 7-Day Free Trial

4.93

5.37

6.33

6.47

5.28

Tabreed 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															5.51	6.71	6.15	2.53	3.22

86GF Score

Tabreed PJSC DFM:TABREED

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Tabreed PJSC ROCE % Calculation

Tabreed 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 )
	=	620.23	/	( ( (14115.965 - 4293.216)	+	(14581.188 - 898.427) )	/ 2 )
	=	620.23	/	( (9822.749	+	13682.761)	/ 2 )
	=	620.23	/	11752.755
	=	5.28 %

Tabreed 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 )
	=	437.916	/	( ( (14581.188 - 898.427)	+	(14535.841 - 1012.262) )	/ 2 )
	=	437.916	/	( ( 13682.761	+	13523.579 )	/ 2 )
	=	437.916	/	13603.17
	=	3.22 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 3.22% mean?

Tabreed PJSC (DFM:TABREED) has a ROCE % of 3.22% as of Mar. 2026.

Is Tabreed PJSC's ROCE % too high?

Tabreed PJSC's current ROCE % is 3.22%. The Utilities - Regulated industry median ROCE % is 6.91. Tabreed PJSC's value of 3.22% is 53.4% below this industry median. Overall, Tabreed PJSC has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Tabreed PJSC's ROCE % compare to AWK and WTRG?

Tabreed PJSC's ROCE % of 3.22% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.91. Tabreed PJSC's value of 3.22% is 53.4% below 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 an Utilities - Regulated company?

The median ROCE % among Utilities - Regulated companies is 6.91, based on 504 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. Tabreed PJSC's current ROCE % of 3.22% is 53.4% below 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 Utilities - Regulated industry, the median ROCE % is 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tabreed PJSC's current ROCE % is 3.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Tabreed PJSC stock overvalued right now?

Based on GuruFocus' analysis, Tabreed PJSC (DFM:TABREED) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ3.14, compared to a current price of د.إ2.67 — trading 15% below its estimated fair value. The current ROCE % is 3.22% and 53.4% below the Utilities - Regulated industry median of 6.91. Tabreed PJSC's overall GF Score™ is 86/100 with 9 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 Tabreed PJSC (DFM:TABREED), the current ROCE % is 3.22% 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 Tabreed PJSC (DFM:TABREED) Overvalued in 2026?

Based on GuruFocus' analysis, Tabreed PJSC stock appears to be undervalued. The current stock price of د.إ2.67 is trading 15% below its estimated GF Value™ of د.إ3.14. GuruFocus considers Tabreed PJSC to be Modestly Undervalued.

Key valuation signals for DFM:TABREED:

ROCE %: 3.22%
GF Value™: د.إ3.14 vs. price of د.إ2.67 (15% below fair value)
GF Score™: 86/100 with 9 warning signs
Industry Position: 53.4% below the Utilities - Regulated median

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

Tabreed PJSC Business Description

Industry Utilities Utilities - Regulated

Comparable Companies DFM:EMPOWER AWK BSP:SBSP3 LSE:UU.LSE:SVT WTRG HKSE:00270 BSP:CSMG3 SHSE:600323 HKSE:00371 LSE:PNN SZSE:000598 SHSE:601158 AWR PHS:MYNLD CWT SZSE:000685 HTO BSP:SAPR3 XSGO:AGUAS-A

Address P.O. Box 29478, Masdar City, Abu Dhabi, ARE

Website https://www.tabreed.ae

Tabreed PJSC is engaged in to supply of chilled water, operation, and maintenance of plants, construction of secondary networks, manufacturing of pre-insulated pipes, and design and supervision consultancy. The company has two reportable operating segments. The chilled water segment constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems, and the Value chain business segment is involved in ancillary activities relating to the expansion of the group's chilled water business. The company generates key revenue from Chilled water.

86GF Score

Get the complete analysis for DFM:TABREED

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

د.إ2.67

Price

د.إ3.14

GF Value

View DFM:TABREED Analysis

See ROCE % data for all stocks →