Oman Flour Mills (MUS:OFMI) ROCE %: 6.14% (As of Dec. 2023)


MUS:OFMI Oman Flour Mills MUS:OFMI
72 GF Score
Price ر.ع0.57
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What is Oman Flour Mills ROCE %?

Oman Flour Mills MUS:OFMI 72 ROCE % is 6.14% as of Dec. 2023. GuruFocus rates MUS:OFMI with a GF Score™ of 72/100.

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. Oman Flour Mills's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.14%.

Oman Flour Mills  (MUS:OFMI) 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.

Oman Flour Mills ROCE % Related Terms

Oman Flour Mills ROCE % Historical Data

* Premium members only.

The historical data trend for Oman Flour Mills'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.

Oman Flour Mills ROCE % Chart

Oman Flour Mills Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.62 19.57 7.02 3.04 6.14

Oman Flour Mills Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
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 18.62 19.57 7.02 3.04 6.14
MUS:OFMI
72GF Score
Oman Flour Mills MUS:OFMI
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Oman Flour Mills ROCE % Calculation

Oman Flour Mills'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 )
=6.085/( ( (159.563 - 60.145) + (164.826 - 66.01) )/ 2 )
=6.085/( (99.418+98.816)/ 2 )
=6.085/99.117
=6.14 %

Oman Flour Mills's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=6.085/( ( (159.563 - 60.145) + (164.826 - 66.01) )/ 2 )
=6.085/( ( 99.418 + 98.816 )/ 2 )
=6.085/99.117
=6.14 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2023) 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 6.14% mean?
Oman Flour Mills (MUS:OFMI) has a ROCE % of 6.14% as of Dec. 2023.
Is Oman Flour Mills' ROCE % too high?
Oman Flour Mills' current ROCE % is 6.14%. The Consumer Packaged Goods industry median ROCE % is 8.78. Oman Flour Mills' value of 6.14% is 30.1% below this industry median. Overall, Oman Flour Mills has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Oman Flour Mills' ROCE % compare to JBS and KHC?
Oman Flour Mills' ROCE % of 6.14% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.78. Oman Flour Mills' value of 6.14% is 30.1% below 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 Consumer Packaged Goods company?
The median ROCE % among Consumer Packaged Goods companies is 8.78, based on 1,933 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. Oman Flour Mills's current ROCE % of 6.14% is 30.1% below 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 Consumer Packaged Goods industry, the median ROCE % is 8.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oman Flour Mills's current ROCE % is 6.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Flour Mills stock overvalued right now?
Oman Flour Mills (MUS:OFMI) has a current ROCE % of 6.14%. The current ROCE % is 6.14% and 30.1% below the Consumer Packaged Goods industry median of 8.78. Oman Flour Mills' overall GF Score™ is 72/100. 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 Oman Flour Mills (MUS:OFMI), the current ROCE % is 6.14% as of Dec. 2023. 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.

Oman Flour Mills Business Description

Address P.O. Box 566, Ruwi, OMN, 112
Oman Flour Mills is an Oman-based company engaged in the milling of wheat and other cereals and sale of flour, and the processing and sale of animal feed. In addition, the company through its subsidiaries is also involved in the production and sale of eggs, and selling and distribution of franchise frozen bakery products. The group generates the majority of the revenue from the sale of Feed and related products. The company markets its flour mill products through Dahabi brand and feed mill products through Barakat brand.
72GF Score

Get the complete analysis for MUS:OFMI

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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