Arabian Centres Co (SAU:4321) ROCE % : 0.20% (As of Dec. 2024)

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What is Arabian Centres 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. Arabian Centres Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.20%.

Arabian Centres Co ROCE % Historical Data

The historical data trend for Arabian Centres 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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Arabian Centres Co ROCE % Chart

Arabian Centres Co Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Dec23

Dec24

ROCE %

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5.53

3.15

3.92

6.93

5.30

Arabian Centres Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															5.59	5.97	7.73	7.33	0.20

Arabian Centres Co ROCE % Calculation

Arabian Centres Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	1401.649	/	( ( (27751.227 - 4639.16)	+	(31452.546 - 1639.106) )	/ 2 )
	=	1401.649	/	( (23112.067	+	29813.44)	/ 2 )
	=	1401.649	/	26462.7535
	=	5.30 %

Arabian Centres Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	57.792	/	( ( (29864.997 - 2149.054)	+	(31452.546 - 1639.106) )	/ 2 )
	=	57.792	/	( ( 27715.943	+	29813.44 )	/ 2 )
	=	57.792	/	28764.6915
	=	0.20 %

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

Arabian Centres Co (SAU:4321) 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.

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Arabian Centres Co Business Description

Industry

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Address

8838, Prince Turki Ibn Abdulaziz Al Awwal Road, King Saud University District, Riyadh, SAU, 12373-4925

Website

https://www.arabiancentres.com

Arabian Centres Co is a Saudi Arabia-based company. The company owns, operates, and develops lifestyle centers. Its principal activities include the purchase of land for the construction of buildings, development, and investment by selling or renting and contracting works for residential and commercial buildings, including demolition, restoration, drilling, and maintenance work. The company also provides maintenance and operation of commercial centers, tourist resorts, hotels, and restaurants, as well as managing and operating temporary and permanent exhibitions, compounds, and hospitals. It derives the vast majority of its revenue from rental income.

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