East African Cables (NAI:CABL) ROCE %: 0.00% (As of Dec. 2024)

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NAI:CABL East African Cables Ltd NAI:CABL
10 GF Score
Price KES1.71
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What is East African Cables ROCE %?

East African Cables NAI:CABL 10 ROCE % is 0.00% as of Dec. 2024. GuruFocus rates NAI:CABL with a GF Score™ of 10/100.

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. East African Cables's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.00%.

East African Cables  (NAI:CABL) 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.

East African Cables ROCE % Related Terms

East African Cables ROCE % Historical Data

* Premium members only.

The historical data trend for East African Cables'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.

East African Cables ROCE % Chart

East African Cables Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.89 -2.01 0.89 -4.70 -3.34

East African Cables Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Dec24
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 Premium Member Only Premium Member Only -5.77 8.20 -7.91 -1.64 0.00
NAI:CABL
10GF Score
East African Cables Ltd NAI:CABL
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East African Cables ROCE % Calculation

East African Cables's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-53.477/( ( (5408.291 - 3549.595) + (4784.936 - 3444.476) )/ 2 )
=-53.477/( (1858.696+1340.46)/ 2 )
=-53.477/1599.578
=-3.34 %

East African Cables's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=0/( ( (5408.291 - 3549.595) + (4784.936 - 3444.476) )/ 2 )
=0/( ( 1858.696 + 1340.46 )/ 2 )
=0/1599.578
=0.00 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) 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 0.00% mean?
East African Cables (NAI:CABL) has a ROCE % of 0.00% as of Dec. 2024.
Is East African Cables' ROCE % too high?
East African Cables' current ROCE % is 0.00%. Overall, East African Cables has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does East African Cables' ROCE % compare to VRT and HUBB?
East African Cables' ROCE % of 0.00% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.09. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.09, based on 3,031 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. 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 Industrial Products industry, the median ROCE % is 7.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. East African Cables's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is East African Cables stock overvalued right now?
East African Cables (NAI:CABL) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. East African Cables' overall GF Score™ is 10/100. 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 East African Cables (NAI:CABL), the current ROCE % is 0.00% as of Dec. 2024. 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.

East African Cables Business Description

Address Addis Ababa Road, Industrial Area, P.O. Box 18243, Nairobi, KEN, 00500
East African Cables Ltd manufactures a range of cables and conductors for applications in domestic and industrial lighting, transmission, and distribution of electricity. Its product portfolio comprises house wiring cables, flexible cables, armoured (underground) cables, auto and battery cables, electrical accessories, data and telecommunication cables, and others. The company has three reportable segments, which are its geographic locations, and include Kenya, Uganda, and Tanzania. The majority of the company's revenue is generated from Kenya and Uganda.
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Get the complete analysis for NAI:CABL

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

KES1.71
Price