Sanam Real Estate Co KSCC (KUW:SANAM) ROCE % : -2.87% (As of Mar. 2024)

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What is Sanam Real Estate Co KSCC 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. Sanam Real Estate Co KSCC's annualized ROCE % for the quarter that ended in Mar. 2024 was -2.87%.

Sanam Real Estate Co KSCC ROCE % Historical Data

The historical data trend for Sanam Real Estate Co KSCC'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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Sanam Real Estate Co KSCC ROCE % Chart

Sanam Real Estate Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-6.95

-7.65

2.05

-15.14

8.06

Sanam Real Estate Co KSCC 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															-0.30	0.10	-2.36	32.56	-2.87

Sanam Real Estate Co KSCC ROCE % Calculation

Sanam Real Estate Co KSCC'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 )
	=	0.754	/	( ( (8.019 - 0.133)	+	(10.882 - 0.05) )	/ 2 )
	=	0.754	/	( (7.886	+	10.832)	/ 2 )
	=	0.754	/	9.359
	=	8.06 %

Sanam Real Estate Co KSCC'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 )
	=	-0.312	/	( ( (10.882 - 0.05)	+	(10.97 - 0.04) )	/ 2 )
	=	-0.312	/	( ( 10.832	+	10.93 )	/ 2 )
	=	-0.312	/	10.881
	=	-2.87 %

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

Sanam Real Estate Co KSCC (KUW:SANAM) 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.

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Sanam Real Estate Co KSCC (KUW:SANAM) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sanam Real Estate Co KSCC (KUW:SANAM) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Salhia, Muhammad Al Thannayan Al Ghanem Street, Salhiya Complex, Gate 1, Floor 5, P.O Box 491, SOUK DAKHLI, Kuwait City, KWT, 15254

Website

http://www.sanamkw.com

Sanam Real Estate Co KSCC is involved in purchasing and selling real estate and properties in Kuwait. It also manages leases and rents real estate. The projects of the company are Khurais Riyadh building, Saudi Arabia, the Land of Sheikh Jaber, Saudi Arabia, and The District Jadaf among others.

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