Taiba Kuwaiti Holding Co KSC (KUW:TAIBA) ROCE %: 60.40% (As of Sep. 2014)


What is Taiba Kuwaiti Holding Co KSC ROCE %?

Taiba Kuwaiti Holding Co KSC KUW:TAIBA ROCE % is 60.40% as of Sep. 2014.

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. Taiba Kuwaiti Holding Co KSC's annualized ROCE % for the quarter that ended in Sep. 2014 was 60.40%.

Taiba Kuwaiti Holding Co KSC  (KUW:TAIBA) 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.

Taiba Kuwaiti Holding Co KSC ROCE % Related Terms

Taiba Kuwaiti Holding Co KSC ROCE % Historical Data

* Premium members only.

The historical data trend for Taiba Kuwaiti Holding Co KSC'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.

Taiba Kuwaiti Holding Co KSC ROCE % Chart

Taiba Kuwaiti Holding Co KSC Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
ROCE %
63.34 -74.30 -37.50 -12.59 8.61

Taiba Kuwaiti Holding Co KSC Quarterly Data
Mar12 Jun12 Sep12 Jun13 Sep13 Jun14 Sep14
ROCE % Get a 7-Day Free Trial -24.65 1,198.82 0.00 58.02 60.40

Taiba Kuwaiti Holding Co KSC ROCE % Calculation

Taiba Kuwaiti Holding Co KSC's annualized ROCE % for the fiscal year that ended in Dec. 2011 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=1.694/( ( (21.629 - 2.22) + (22.25 - 2.331) )/ 2 )
=1.694/( (19.409+19.919)/ 2 )
=1.694/19.664
=8.61 %

Taiba Kuwaiti Holding Co KSC's ROCE % of for the quarter that ended in Sep. 2014 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2014 )  (Q: Jun. 2014 )(Q: Sep. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2014 )  (Q: Jun. 2014 )(Q: Sep. 2014 )
=279.12/( ( (1330.69 - 778.191) + (1508.786 - 1136.988) )/ 2 )
=279.12/( ( 552.499 + 371.798 )/ 2 )
=279.12/462.1485
=60.40 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2014) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 60.40% mean?
Taiba Kuwaiti Holding Co KSC (KUW:TAIBA) has a ROCE % of 60.40% as of Sep. 2014.
Is Taiba Kuwaiti Holding Co KSC's ROCE % too high?
Taiba Kuwaiti Holding Co KSC's current ROCE % is 60.40%. The Credit Services industry median ROCE % is 3.47. Taiba Kuwaiti Holding Co KSC's value of 60.40% is 1643.1% above this industry median.
How does Taiba Kuwaiti Holding Co KSC's ROCE % compare to competitors?
Taiba Kuwaiti Holding Co KSC's ROCE % of 60.40% can be compared against companies in the Credit Services industry. The industry median ROCE % is 3.47. Taiba Kuwaiti Holding Co KSC's value of 60.40% is 1643.1% above 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 a Credit Services company?
The median ROCE % among Credit Services companies is 3.47, based on 416 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. Taiba Kuwaiti Holding Co KSC's current ROCE % of 60.40% is 1643.1% above 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 Credit Services industry, the median ROCE % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiba Kuwaiti Holding Co KSC's current ROCE % is 60.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiba Kuwaiti Holding Co KSC stock overvalued right now?
Taiba Kuwaiti Holding Co KSC (KUW:TAIBA) has a current ROCE % of 60.40%. The current ROCE % is 60.40% and 1643.1% above the Credit Services industry median of 3.47. 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 Taiba Kuwaiti Holding Co KSC (KUW:TAIBA), the current ROCE % is 60.40% as of Sep. 2014. 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.

Taiba Kuwaiti Holding Co KSC Business Description

Comparable Companies KUW:ARZANKUW:FACIL
Taiba Kuwaiti Holding Co operates as an investment holding company. It holds shares of other companies, extends loans to investee companies, provides guarantees for third parties and acquires industrial trademarks, among others.