Mayar Holding Co (SAU:9568) ROCE % : 0.00% (As of Dec. 2023)

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What is Mayar Holding 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. Mayar Holding Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Mayar Holding Co ROCE % Historical Data

The historical data trend for Mayar Holding 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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Mayar Holding Co ROCE % Chart

Mayar Holding Co Annual Data

Trend

Dec22

Dec23

ROCE %

10.46

-20.98

Mayar Holding Co Quarterly Data
	Jun22	Dec22	Jun23	Dec23
ROCE %	-	-	-	-

Mayar Holding Co ROCE % Calculation

Mayar Holding 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 )
	=	-21.603	/	( ( (484.53 - 343.09)	+	(466.122 - 401.595) )	/ 2 )
	=	-21.603	/	( (141.44	+	64.527)	/ 2 )
	=	-21.603	/	102.9835
	=	-20.98 %

Mayar Holding Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	0	/	( ( (462.501 - 368.732)	+	(466.122 - 401.595) )	/ 2 )
	=	0	/	( ( 93.769	+	64.527 )	/ 2 )
	=	0	/	79.148
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Mayar Holding Co (SAU:9568) 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.

Mayar Holding Co ROCE % Related Terms

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Mayar Holding Co (SAU:9568) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Mayar Holding Co (SAU:9568) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

KSA Riyadh Olaya Street, PO Box 55024, Taya Commercial Center, Riyadh, SAU, 11534

Website

https://www.mayar.com.sa

Mayar Holding Co is a Saudi Arabia-based company. It engaged in managing subsidiaries of holding companies owning real estate and movables necessary for holding companies, providing loans, guarantees, and financing for subsidiaries of holding companies, and owning and leasing industrial property rights to subsidiaries of holding companies. It has three reportable segments Elevators and escalators segment, Feed and agriculture, and Plastic segment. The majority of its revenue comes from Feed and agriculture segment which produces compound feed for Poultry, Cattle, Poultry distribution, and sale.

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