Tamdeen Investment Co (KSCC) (KUW:TAMINV) ROCE % : 2.83% (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Tamdeen Investment 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. Tamdeen Investment Co (KSCC)'s annualized ROCE % for the quarter that ended in Mar. 2024 was 2.83%.

Tamdeen Investment Co (KSCC) ROCE % Historical Data

The historical data trend for Tamdeen Investment 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.

* Premium members only.

Tamdeen Investment Co (KSCC) ROCE % Chart

Tamdeen Investment Co (KSCC) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

4.22

-1.74

2.89

4.77

4.54

Tamdeen Investment Co (KSCC) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															1.41	2.46	10.21	-	2.83

Tamdeen Investment Co (KSCC) ROCE % Calculation

Tamdeen Investment 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 )
	=	15.202	/	( ( (352.522 - 18.86)	+	(350.755 - 15.287) )	/ 2 )
	=	15.202	/	( (333.662	+	335.468)	/ 2 )
	=	15.202	/	334.565
	=	4.54 %

Tamdeen Investment 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 )
	=	9.744	/	( ( (350.755 - 15.287)	+	(370.839 - 18.133) )	/ 2 )
	=	9.744	/	( ( 335.468	+	352.706 )	/ 2 )
	=	9.744	/	344.087
	=	2.83 %

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

Tamdeen Investment Co (KSCC) (KUW:TAMINV) 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.

Tamdeen Investment Co (KSCC) ROCE % Related Terms

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

Tamdeen Investment Co (KSCC) (KUW:TAMINV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tamdeen Investment Co (KSCC) (KUW:TAMINV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

South Al Sura - Al Zahra’a Area, 360 Mall- 6th Ring Road, 4th Floor, Box No. 22509, Safat, Kuwait, KWT, 13066

Website

https://www.tamdeeninvestment.com

Tamdeen Investment Co (KSCC) conducts financial investment transactions in all economic sectors inside and outside Kuwait, performing transactions related to dealing in securities such as the purchase and sale of shares and bonds of both companies and government authorities, carrying out investment and portfolio management activities. Geographically, it derives a majority of its revenue from Kuwait.

Tamdeen Investment Co (KSCC) (KUW:TAMINV) Headlines

No Headlines