Taleem REIT Fund (SAU:4333) ROCE % : 6.42% (As of Jun. 2024)

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What is Taleem REIT Fund 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. Taleem REIT Fund's annualized ROCE % for the quarter that ended in Jun. 2024 was 6.42%.

Taleem REIT Fund ROCE % Historical Data

The historical data trend for Taleem REIT Fund'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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Taleem REIT Fund ROCE % Chart

Taleem REIT Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.26

6.63

6.90

6.36

6.97

Taleem REIT Fund Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial					6.19	6.49	6.63	7.29	6.42

Taleem REIT Fund ROCE % Calculation

Taleem REIT Fund'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 )
	=	58.912	/	( ( (854.038 - 10.281)	+	(858.633 - 11.511) )	/ 2 )
	=	58.912	/	( (843.757	+	847.122)	/ 2 )
	=	58.912	/	845.4395
	=	6.97 %

Taleem REIT Fund's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	54.478	/	( ( (858.633 - 11.511)	+	(857.251 - 8.425) )	/ 2 )
	=	54.478	/	( ( 847.122	+	848.826 )	/ 2 )
	=	54.478	/	847.974
	=	6.42 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Taleem REIT Fund (SAU:4333) 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.

Taleem REIT Fund ROCE % Related Terms

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Taleem REIT Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Taleem REIT Fund (SAU:4333) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O.Box 23454, Riyadh, SAU, 11426

Website

https://www.sfc.sa

Taleem REIT Fund is a closed ended real estate investment traded fund that aims to invest in developed real estate properties. The fund is managed by Saudi Fransi Capital.

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