Saudi Industrial Export Co (SAU:4140) ROCE % : -3.79% (As of Sep. 2024)

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What is Saudi Industrial Export 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. Saudi Industrial Export Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -3.79%.

Saudi Industrial Export Co ROCE % Historical Data

The historical data trend for Saudi Industrial Export 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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Saudi Industrial Export Co ROCE % Chart

Saudi Industrial Export Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-55.93

-29.98

-60.42

-23.65

-12.73

Saudi Industrial Export Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-21.64	-3.18	-15.60	-25.44	-3.79

Saudi Industrial Export Co ROCE % Calculation

Saudi Industrial Export 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 )
	=	-19.437	/	( ( (168.692 - 8.325)	+	(153.679 - 8.779) )	/ 2 )
	=	-19.437	/	( (160.367	+	144.9)	/ 2 )
	=	-19.437	/	152.6335
	=	-12.73 %

Saudi Industrial Export Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-5.088	/	( ( (141.243 - 5.326)	+	(140.069 - 7.759) )	/ 2 )
	=	-5.088	/	( ( 135.917	+	132.31 )	/ 2 )
	=	-5.088	/	134.1135
	=	-3.79 %

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

Saudi Industrial Export Co (SAU:4140) 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.

Saudi Industrial Export Co ROCE % Related Terms

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Saudi Industrial Export Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Saudi Industrial Export Co (SAU:4140) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Abdul Aziz Road, P.O. Box 21977, Third Floor, Al-Ghadeer, View Plaza, Riyadh, SAU, 11485

Website

https://www.siec.com.sa

Saudi Industrial Export Co is a Saudi Arabia-based conglomerate company. It is engaged in fertilizers; wholesale of lubricants and refined petroleum products, wholesale of cement and plaster; wholesale of primary plastic materials, rubbers, and synthetic fibers; retail sale of plants, seeds, and fertilizers (nurseries), and Storage in ports and customs or free zones. It operates in two segments: Exports from inside and outside Saudi Arabia; and the Production and sale of medical supplies. The majority of its revenue comes from its export segment.

Saudi Industrial Export Co Headlines

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