Mabanee Co KPSC (KUW:MABANEE) ROCE % : 6.55% (As of Mar. 2024)

View and export this data going back to 1999. Start your Free Trial

What is Mabanee Co 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. Mabanee Co KPSC's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.55%.

Mabanee Co KPSC ROCE % Historical Data

The historical data trend for Mabanee Co 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.

* Premium members only.

Mabanee Co KPSC ROCE % Chart

Mabanee Co KPSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

7.59

3.24

6.86

6.97

Mabanee Co KPSC 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															7.10	7.12	6.85	7.89	6.55

Mabanee Co KPSC ROCE % Calculation

Mabanee Co 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 )
	=	80.659	/	( ( (1134.748 - 78.302)	+	(1355.018 - 95.491) )	/ 2 )
	=	80.659	/	( (1056.446	+	1259.527)	/ 2 )
	=	80.659	/	1157.9865
	=	6.97 %

Mabanee Co KPSC'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 )
	=	83.128	/	( ( (1355.018 - 95.491)	+	(1435.291 - 157.101) )	/ 2 )
	=	83.128	/	( ( 1259.527	+	1278.19 )	/ 2 )
	=	83.128	/	1268.8585
	=	6.55 %

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

Mabanee Co KPSC (KUW:MABANEE) 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.

Mabanee Co KPSC ROCE % Related Terms

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

Mabanee Co KPSC (KUW:MABANEE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mabanee Co KPSC (KUW:MABANEE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Rai Area, Sheikh Zayed bin Sultan Al Nahyan Road, P.O. Box 5132, The Avenues - 2nd Avenue, Entrance 9, Safat, Kuwait, KWT, 13052

Website

https://www.mabanee.com

Mabanee Co KPSC is a Kuwait-based company which sells, purchases, develops, and operates real estate properties in Kuwait and abroad, including hotels, guest houses, residential and touristic complexes. The company operates through business segments namely Construction and real estate investment, Financial investments, and Hotel operations. It generates maximum revenue from Construction and real estate investment segment. The Construction and real estate investment segment include real estate development, project leasing and construction activity for self or others.

Mabanee Co KPSC (KUW:MABANEE) Headlines

No Headlines