Al Taiseer Group Talco Industrial Co (SAU:4143) ROCE % : 14.85% (As of Sep. 2024)

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What is Al Taiseer Group Talco Industrial 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. Al Taiseer Group Talco Industrial Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 14.85%.

Al Taiseer Group Talco Industrial Co ROCE % Historical Data

The historical data trend for Al Taiseer Group Talco Industrial 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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Al Taiseer Group Talco Industrial Co ROCE % Chart

Al Taiseer Group Talco Industrial Co Annual Data

Trend

ROCE %

Al Taiseer Group Talco Industrial Co Quarterly Data
	Jun23	Sep23	Jun24	Sep24
ROCE %	-	-	18.36	14.85

Al Taiseer Group Talco Industrial Co ROCE % Calculation

Al Taiseer Group Talco Industrial Co's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Al Taiseer Group Talco Industrial 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 )
	=	83.212	/	( ( (721.495 - 169.678)	+	(702.991 - 134.113) )	/ 2 )
	=	83.212	/	( ( 551.817	+	568.878 )	/ 2 )
	=	83.212	/	560.3475
	=	14.85 %

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

Al Taiseer Group Talco Industrial Co (SAU:4143) 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.

Al Taiseer Group Talco Industrial Co ROCE % Related Terms

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Al Taiseer Group Talco Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Al Taiseer Group Talco Industrial Co (SAU:4143) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

245 Al-Kharj Road, P.O Box 6416, Second Industrial Area, Riyadh, SAU, 11442

Website

https://www.altaiseer.com

Al Taiseer Group Talco Industrial Co is engaged in the production and coverage of various aluminum profiles, the manufacturing of doors, windows, glass building facades, aluminum, and wooden kitchen units, and the production of marble kitchen surfaces. Its segment includes the Aluminum forming and selling sector, the Metal coating powder sector, and the Aluminum accessories. sector.

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