Dawood Hercules (KAR:DAWH) ROCE % : 2.63% (As of Dec. 2023)

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What is Dawood Hercules 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. Dawood Hercules's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.63%.

Dawood Hercules ROCE % Historical Data

The historical data trend for Dawood Hercules'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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Dawood Hercules ROCE % Chart

Dawood Hercules Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.74

15.95

17.89

18.27

23.17

Dawood Hercules Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															11.97	20.11	30.34	36.95	2.63

Dawood Hercules ROCE % Calculation

Dawood Hercules'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 )
	=	113066.044	/	( ( (765538.257 - 276845.949)	+	(815792.221 - 328693.108) )	/ 2 )
	=	113066.044	/	( (488692.308	+	487099.113)	/ 2 )
	=	113066.044	/	487895.7105
	=	23.17 %

Dawood Hercules'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	13101.944	/	( ( (822775.129 - 311826.169)	+	(815792.221 - 328693.108) )	/ 2 )
	=	13101.944	/	( ( 510948.96	+	487099.113 )	/ 2 )
	=	13101.944	/	499024.0365
	=	2.63 %

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

Dawood Hercules (KAR:DAWH) 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.

Dawood Hercules ROCE % Related Terms

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Dawood Hercules (KAR:DAWH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Dawood Hercules Corp Ltd (KAR:DAWH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

M.T. Khan Road, Dawood Centre, Karachi, SD, PAK, 75530

Website

https://www.dawoodhercules.com

Dawood Hercules Corp Ltd is in the business of energy, agriculture, and food. It manages investments in its subsidiaries and associated companies. The company's segments are Fertilizer, Polymer, Terminal, Power and Mining, Connectivity and Telcom and other Operating segments. The segment's activities include manufacturing, purchasing, marketing and selling fertilizers, Poly Vinyl Chloride, PVC compounds, Caustic soda and related chemicals, dairy products beverages, ice cream, frozen desserts and other products, promotion of its own brands such as Engro, Zarkhez, Zingro, EngroDAP and Envy, import and sale phosphate products, power generation, distribution transmission and sale of electricity, operating a terminal and management of investments.

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