Abdullah Al Othaim Markets Co (SAU:4001) ROCE % : 17.35% (As of Mar. 2024)

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What is Abdullah Al Othaim Markets Co 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. Abdullah Al Othaim Markets Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 17.35%.

Abdullah Al Othaim Markets Co ROCE % Historical Data

The historical data trend for Abdullah Al Othaim Markets Co'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.

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Abdullah Al Othaim Markets Co ROCE % Chart

Abdullah Al Othaim Markets Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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18.58

18.51

6.97

38.28

18.30

Abdullah Al Othaim Markets Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															18.38	20.20	10.92	24.50	17.35

Abdullah Al Othaim Markets Co ROCE % Calculation

Abdullah Al Othaim Markets Co'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 )
	=	628.376	/	( ( (5713.3 - 2445.296)	+	(6043.515 - 2445.233) )	/ 2 )
	=	628.376	/	( (3268.004	+	3598.282)	/ 2 )
	=	628.376	/	3433.143
	=	18.30 %

Abdullah Al Othaim Markets Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	613.948	/	( ( (6043.515 - 2445.233)	+	(6653.142 - 3173.415) )	/ 2 )
	=	613.948	/	( ( 3598.282	+	3479.727 )	/ 2 )
	=	613.948	/	3539.0045
	=	17.35 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Abdullah Al Othaim Markets Co (SAU:4001) 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.

Abdullah Al Othaim Markets Co ROCE % Related Terms

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Abdullah Al Othaim Markets Co (SAU:4001) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Abdullah Al Othaim Markets Co (SAU:4001) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Arabia Rabwah Eastern Ring Road, P.O. Box 41700, Riyadh, SAU, 11531

Website

https://www.othaimmarkets.com

Abdullah Al Othaim Markets Co is engaged in the wholesale and retail trade of food, fish, meat, agricultural products, livestock and household items. It is also involved in establishing, managing, operating and maintaining supermarkets, commercial complexes, and bakeries, providing cooked and uncooked catering services, and managing training and educational centers, in addition to acquiring lands to construct buildings for lease or sale for the interest of the company. It operates in the segments of Retail and whole trading of food supplies, in addition to Leasing commercial centers for the purpose of investment for the interest of the company through sale or leasing. It operates in the Kingdom of Saudi Arabia and Egypt and derives key revenue from Retail and wholesale activities.

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