Aldawaa Medical Services Co (SAU:4163) ROCE % : 15.10% (As of Sep. 2024)

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What is Aldawaa Medical Services 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. Aldawaa Medical Services Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 15.10%.

Aldawaa Medical Services Co ROCE % Historical Data

The historical data trend for Aldawaa Medical Services 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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Aldawaa Medical Services Co ROCE % Chart

Aldawaa Medical Services Co Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

17.06

18.10

16.12

Aldawaa Medical Services Co Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial										14.72	17.82	18.05	18.51	15.10

Aldawaa Medical Services Co ROCE % Calculation

Aldawaa Medical Services 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 )
	=	466.69	/	( ( (4496.773 - 1618.279)	+	(4707.487 - 1796.033) )	/ 2 )
	=	466.69	/	( (2878.494	+	2911.454)	/ 2 )
	=	466.69	/	2894.974
	=	16.12 %

Aldawaa Medical Services 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 )
	=	440.912	/	( ( (4920.55 - 1988.994)	+	(5010.007 - 2103.381) )	/ 2 )
	=	440.912	/	( ( 2931.556	+	2906.626 )	/ 2 )
	=	440.912	/	2919.091
	=	15.10 %

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

Aldawaa Medical Services Co (SAU:4163) 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.

Aldawaa Medical Services Co ROCE % Related Terms

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Aldawaa Medical Services Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Aldawaa Medical Services Co (SAU:4163) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Naif Street. Cross 23, P.O. Box 4326, Al Khobar, SAU, 31952

Website

https://www.al-dawaa.com

Aldawaa Medical Services Co is engaged in online wholesale of pharmaceutical products, pharmaceutical agents, wholesale of pharmaceutical goods, related pharmacy activities, pharmaceutical warehousing activities, retail of medical equipment and other equipment, online retailing, land transport of goods, providing delivery services via electronic platforms, managing and renting self-storage stores and manufacturing of single-use medical products and disposables.

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