Express Kenya (NAI:XPRS) ROCE % : -7.02% (As of Dec. 2023)

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

What is Express Kenya 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. Express Kenya's annualized ROCE % for the quarter that ended in Dec. 2023 was -7.02%.

Express Kenya ROCE % Historical Data

The historical data trend for Express Kenya'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.

Express Kenya ROCE % Chart

Express Kenya Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-3.99

-3.10

-5.39

-5.31

-7.02

Express Kenya Semi-Annual Data
	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
ROCE %	Get a 7-Day Free Trial								-3.99	-3.10	-5.39	-5.31	-7.02

Express Kenya ROCE % Calculation

Express Kenya'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 )
	=	-94.224	/	( ( (1402.279 - 49.693)	+	(1369.434 - 39.335) )	/ 2 )
	=	-94.224	/	( (1352.586	+	1330.099)	/ 2 )
	=	-94.224	/	1341.3425
	=	-7.02 %

Express Kenya'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 )
	=	-94.224	/	( ( (1402.279 - 49.693)	+	(1369.434 - 39.335) )	/ 2 )
	=	-94.224	/	( ( 1352.586	+	1330.099 )	/ 2 )
	=	-94.224	/	1341.3425
	=	-7.02 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

Express Kenya (NAI:XPRS) 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.

Express Kenya ROCE % Related Terms

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

Express Kenya Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Express Kenya PLC (NAI:XPRS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road A, Off Enterprise Road, Industrial Area, P.O. Box 40433, Express House, Nairobi, KEN, 00100

Website

https://www.expresskenya.co.ke

Express Kenya PLC engages in the provision of clearing and forwarding services for both air and sea, as well as warehousing and logistics services. It operates through the following segments: Warehousing, and Real Estate. The Warehousing segment which accounts for the majority of revenue comprises the storage of customers' goods in the warehousing facility. The Real Estate segment consists of the development of properties. Geographically, the company operates only in Kenya.

Express Kenya Headlines

No Headlines