Salalah Mills CoOG (MUS:SFMI) ROCE % : 5.97% (As of Dec. 2022)

View and export this data going back to 1996. Start your Free Trial

What is Salalah Mills CoOG 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. Salalah Mills CoOG's annualized ROCE % for the quarter that ended in Dec. 2022 was 5.97%.

Salalah Mills CoOG ROCE % Historical Data

The historical data trend for Salalah Mills CoOG'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.

Salalah Mills CoOG ROCE % Chart

Salalah Mills CoOG Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

19.66

15.00

16.29

5.72

5.97

Salalah Mills CoOG Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec21	Dec22
ROCE %	Get a 7-Day Free Trial									19.66	15.00	16.29	5.72	5.97

Salalah Mills CoOG ROCE % Calculation

Salalah Mills CoOG's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	2.646	/	( ( (0 - 0)	+	(87.216 - 42.872) )	/ 1 )
	=	2.646	/	( (0	+	44.344)	/ 1 )
	=	2.646	/	44.344
	=	5.97 %

Salalah Mills CoOG's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	2.646	/	( ( (0 - 0)	+	(87.216 - 42.872) )	/ 1 )
	=	2.646	/	( ( 0	+	44.344 )	/ 1 )
	=	2.646	/	44.344
	=	5.97 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

Salalah Mills CoOG (MUS:SFMI) 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.

Salalah Mills CoOG ROCE % Related Terms

Thank you for viewing the detailed overview of Salalah Mills CoOG's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Salalah Mills CoOG (MUS:SFMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Salalah Mills Co SAOG (MUS:SFMI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Awqadain, P.O Box 67, Salalah, OMN, 217

Website

http://www.salalah-mills.com

Salalah Mills Co SAOG is engaged in milling of wheat and selling wheat flour, bran and feed in Oman, Africa & other Asian countries. It offers various flour products, Arabic bread flour, home baking flour, Semolina, Harees, Jareesh & other atta products.

Salalah Mills CoOG (MUS:SFMI) Headlines

No Headlines