Al Maha Ceramics CoOC (MUS:AMCI) ROCE %: 14.91% (As of Mar. 2018)


What is Al Maha Ceramics CoOC ROCE %?

Al Maha Ceramics CoOC MUS:AMCI ROCE % is 14.91% as of Mar. 2018.

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. Al Maha Ceramics CoOC's annualized ROCE % for the quarter that ended in Mar. 2018 was 14.91%.

Al Maha Ceramics CoOC  (MUS:AMCI) 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.

Al Maha Ceramics CoOC ROCE % Related Terms

Al Maha Ceramics CoOC ROCE % Historical Data

* Premium members only.

The historical data trend for Al Maha Ceramics CoOC'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.

Al Maha Ceramics CoOC ROCE % Chart

Al Maha Ceramics CoOC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17
ROCE %
37.40 35.94 27.74 23.28 17.73

Al Maha Ceramics CoOC Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.19 20.87 13.96 16.87 14.91

Al Maha Ceramics CoOC ROCE % Calculation

Al Maha Ceramics CoOC's annualized ROCE % for the fiscal year that ended in Dec. 2017 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=1.848/( ( (12.348 - 1.9) + (13.331 - 2.928) )/ 2 )
=1.848/( (10.448+10.403)/ 2 )
=1.848/10.4255
=17.73 %

Al Maha Ceramics CoOC's ROCE % of for the quarter that ended in Mar. 2018 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2018 )  (Q: Dec. 2017 )(Q: Mar. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2018 )  (Q: Dec. 2017 )(Q: Mar. 2018 )
=1.464/( ( (13.331 - 2.928) + (14.172 - 4.94) )/ 2 )
=1.464/( ( 10.403 + 9.232 )/ 2 )
=1.464/9.8175
=14.91 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2018) 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 14.91% mean?
Al Maha Ceramics CoOC (MUS:AMCI) has a ROCE % of 14.91% as of Mar. 2018.
Is Al Maha Ceramics CoOC's ROCE % too high?
Al Maha Ceramics CoOC's current ROCE % is 14.91%. The Construction industry median ROCE % is 8.22. Al Maha Ceramics CoOC's value of 14.91% is 81.4% above this industry median.
How does Al Maha Ceramics CoOC's ROCE % compare to competitors?
Al Maha Ceramics CoOC's ROCE % of 14.91% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. Al Maha Ceramics CoOC's value of 14.91% is 81.4% 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 Construction company?
The median ROCE % among Construction companies is 8.22, based on 1,754 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. Al Maha Ceramics CoOC's current ROCE % of 14.91% is 81.4% 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 Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Maha Ceramics CoOC's current ROCE % is 14.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Maha Ceramics CoOC stock overvalued right now?
Al Maha Ceramics CoOC (MUS:AMCI) has a current ROCE % of 14.91%. The current ROCE % is 14.91% and 81.4% above the Construction industry median of 8.22. 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 Al Maha Ceramics CoOC (MUS:AMCI), the current ROCE % is 14.91% as of Mar. 2018. 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.

Al Maha Ceramics CoOC Business Description

Address Falaj Al Qabail, PO BOX 482, Sohar, OMN, 322
Al Maha Ceramics Co SAOC is a ceramic tile producing company in Oman. Its product offerings include ceramic tiles, glazed wall, floor tiles, border and highlighter tiles in a variety of designs and shades. The company also exports its products to the United Arab Emirates, Saudi Arabia, Qatar, Bahrain, Syria, Lebanon, Jordan, Africa, and South Asia.