Fitaihi Holding Group (SAU:4180) ROCE % : -2.32% (As of Sep. 2024)

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What is Fitaihi Holding Group 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. Fitaihi Holding Group's annualized ROCE % for the quarter that ended in Sep. 2024 was -2.32%.

Fitaihi Holding Group ROCE % Historical Data

The historical data trend for Fitaihi Holding Group'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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Fitaihi Holding Group ROCE % Chart

Fitaihi Holding Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-0.59

7.48

27.23

-5.90

1.76

Fitaihi Holding Group 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															-2.95	10.31	2.60	7.85	-2.32

Fitaihi Holding Group ROCE % Calculation

Fitaihi Holding Group'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 )
	=	8.176	/	( ( (470.539 - 20.125)	+	(494.126 - 13.825) )	/ 2 )
	=	8.176	/	( (450.414	+	480.301)	/ 2 )
	=	8.176	/	465.3575
	=	1.76 %

Fitaihi Holding Group'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 )
	=	-10.988	/	( ( (496.097 - 23.157)	+	(490.707 - 16.942) )	/ 2 )
	=	-10.988	/	( ( 472.94	+	473.765 )	/ 2 )
	=	-10.988	/	473.3525
	=	-2.32 %

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

Fitaihi Holding Group (SAU:4180) 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.

Fitaihi Holding Group ROCE % Related Terms

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Fitaihi Holding Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fitaihi Holding Group (SAU:4180) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Madinah Road, Fitaihi Center, Jeddah, SAU, 21461

Website

https://www.fitaihi.com.sa

Fitaihi Holding Group is engaged in the Investment and Retail sectors. The investment sector is concentrated in the healthcare sector, the agricultural production sector, and the industrial sector. Its retail sector is active in the trade of luxury goods, gold, jewelry, watches, antiques, gifts, Chinese and crystal sets, silver mantels, accessories, chocolate, and parchment tables. The group has a focus on commercial and investing activities and the majority of the revenue is derived from commercial activities.

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