Kuwait Co for Process Plant Constructionntracting KPSC (KUW:KCPC) ROCE % : 2.82% (As of Dec. 2023)

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What is Kuwait Co for Process Plant Constructionntracting KPSC 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. Kuwait Co for Process Plant Constructionntracting KPSC's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.82%.

Kuwait Co for Process Plant Constructionntracting KPSC ROCE % Historical Data

The historical data trend for Kuwait Co for Process Plant Constructionntracting KPSC'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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Kuwait Co for Process Plant Constructionntracting KPSC ROCE % Chart

Kuwait Co for Process Plant Constructionntracting KPSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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18.66

21.29

13.63

8.44

7.50

Kuwait Co for Process Plant Constructionntracting KPSC 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															7.03	7.87	11.90	7.60	2.82

Kuwait Co for Process Plant Constructionntracting KPSC ROCE % Calculation

Kuwait Co for Process Plant Constructionntracting KPSC'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 )
	=	2.611	/	( ( (51.449 - 16.934)	+	(51.889 - 16.801) )	/ 2 )
	=	2.611	/	( (34.515	+	35.088)	/ 2 )
	=	2.611	/	34.8015
	=	7.50 %

Kuwait Co for Process Plant Constructionntracting KPSC'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 )
	=	0.992	/	( ( (51.439 - 16.166)	+	(51.889 - 16.801) )	/ 2 )
	=	0.992	/	( ( 35.273	+	35.088 )	/ 2 )
	=	0.992	/	35.1805
	=	2.82 %

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

Kuwait Co for Process Plant Constructionntracting KPSC (KUW:KCPC) 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.

Kuwait Co for Process Plant Constructionntracting KPSC ROCE % Related Terms

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Kuwait Co for Process Plant Constructionntracting KPSC (KUW:KCPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kuwait Co for Process Plant Construction & Contracting KPSC (KUW:KCPC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shuwaikh Industrial No. 3, Makhfar Stree 30, P.O. Box: 3404, Near Shahrazad Round About, Safat, Kuwait City, KWT, 13035

Website

https://www.kcpc.com.kw

Kuwait Co for Process Plant Construction & Contracting KPSC is engaged in building, civil construction, and infrastructure development activities. Its services comprise Civil Engineering, Road and Infrastructure, Specialty Projects, Electrical Engineering, Engineering Products, Water Facilities, Building Transport Systems, Scaffolding & Equipment Rentals, and Marble & Natural Stone Products and Services. It operates in three segments: Construction, installation, and maintenance; Hotels; and Investment of surplus funds, of which all of its revenue comes from the Construction segment. The company's geographical segments are Kuwait, United Arab Emirates, Oman, and Lebanon.

Kuwait Co for Process Plant Constructionntracting KPSC (KUW:KCPC) Headlines

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