SICABLE Cote d'Ivoire (XBRV:CABC) ROCE %: 16.76% (As of Dec. 2024)

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What is SICABLE Cote d'Ivoire ROCE %?

SICABLE Cote d'Ivoire XBRV:CABC -2.00% ROCE % is 16.76% as of Dec. 2024.

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. SICABLE Cote d'Ivoire's annualized ROCE % for the quarter that ended in Dec. 2024 was 16.76%.

SICABLE Cote d'Ivoire  (XBRV:CABC) 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.

SICABLE Cote d'Ivoire ROCE % Related Terms

SICABLE Cote d'Ivoire ROCE % Historical Data

* Premium members only.

The historical data trend for SICABLE Cote d'Ivoire'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.

SICABLE Cote d'Ivoire ROCE % Chart

SICABLE Cote d'Ivoire Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.67 7.94 17.12 16.54 18.43

SICABLE Cote d'Ivoire Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.85 19.95 13.39 15.99 16.76

SICABLE Cote d'Ivoire ROCE % Calculation

SICABLE Cote d'Ivoire'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 )
=2114.716615/( ( (19349.647741 - 8221.630718) + (19656.293617 - 7829.917711) )/ 2 )
=2114.716615/( (11128.017023+11826.375906)/ 2 )
=2114.716615/11477.1964645
=18.43 %

SICABLE Cote d'Ivoire'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: Jun. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=1981.86908/( ( ( - ) + (19656.293617 - 7829.917711) )/ 1 )
=1981.86908/( ( 0 + 11826.375906 )/ 1 )
=1981.86908/11826.375906
=16.76 %

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

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 16.76% mean?
SICABLE Cote d'Ivoire (XBRV:CABC) has a ROCE % of 16.76% as of Dec. 2024.
Is SICABLE Cote d'Ivoire's ROCE % too high?
SICABLE Cote d'Ivoire's current ROCE % is 16.76%. The Industrial Products industry median ROCE % is 7.26. SICABLE Cote d'Ivoire's value of 16.76% is 130.9% above this industry median.
How does SICABLE Cote d'Ivoire's ROCE % compare to ALPP and WAYS?
SICABLE Cote d'Ivoire's ROCE % of 16.76% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.26. SICABLE Cote d'Ivoire's value of 16.76% is 130.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.26, based on 3,045 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SICABLE Cote d'Ivoire's current ROCE % of 16.76% is 130.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SICABLE Cote d'Ivoire's current ROCE % is 16.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SICABLE Cote d'Ivoire stock overvalued right now?
SICABLE Cote d'Ivoire (XBRV:CABC) has a current ROCE % of 16.76%. The current ROCE % is 16.76% and 130.9% above the Industrial Products industry median of 7.26. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For SICABLE Cote d'Ivoire (XBRV:CABC), the current ROCE % is 16.76% as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SICABLE Cote d'Ivoire Business Description

Address ZI Vridi, rue du Textile, Abidjan, CIV, BP 35
SICABLE Cote d'Ivoire is engaged in manufacturing and selling electric cables in Ivory Coast and internationally. The company offers domestic wires and cables, rigid industrial cables, aerial cables, naked conductors, underground cables, and naked drivers.