SMB Cote d'Ivoire (XBRV:SMBC) ROCE %: 34.96% (As of Dec. 2024)

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XBRV:SMBC SMB Cote d'Ivoire XBRV:SMBC
53 GF Score
Price XOF16,500.00
! 11 Warning Signs
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What is SMB Cote d'Ivoire ROCE %?

SMB Cote d'Ivoire XBRV:SMBC 53 ROCE % is 34.96% as of Dec. 2024. GuruFocus rates XBRV:SMBC with a GF Score™ of 53/100. The stock has 11 warning signs investors should review.

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. SMB Cote d'Ivoire's annualized ROCE % for the quarter that ended in Dec. 2024 was 34.96%.

SMB Cote d'Ivoire  (XBRV:SMBC) 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.

SMB Cote d'Ivoire ROCE % Related Terms

SMB Cote d'Ivoire ROCE % Historical Data

* Premium members only.

The historical data trend for SMB 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.

SMB Cote d'Ivoire ROCE % Chart

SMB 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 85.15 55.41 50.24 86.93 34.96

SMB Cote d'Ivoire Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 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 85.15 55.41 50.24 86.93 34.96
XBRV:SMBC
53GF Score
SMB Cote d'Ivoire XBRV:SMBC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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SMB Cote d'Ivoire ROCE % Calculation

SMB 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 )
=15185/( ( (183993 - 142263) + (163113 - 117983) )/ 2 )
=15185/( (41730+45130)/ 2 )
=15185/43430
=34.96 %

SMB 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: Dec. 2023 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=15185/( ( (183993 - 142263) + (163113 - 117983) )/ 2 )
=15185/( ( 41730 + 45130 )/ 2 )
=15185/43430
=34.96 %

(1) Note: The EBIT data used here is one times the 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 34.96% mean?
SMB Cote d'Ivoire (XBRV:SMBC) has a ROCE % of 34.96% as of Dec. 2024.
Is SMB Cote d'Ivoire's ROCE % too high?
SMB Cote d'Ivoire's current ROCE % is 34.96%. The Chemicals industry median ROCE % is 6.69. SMB Cote d'Ivoire's value of 34.96% is 422.6% above this industry median. Overall, SMB Cote d'Ivoire has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does SMB Cote d'Ivoire's ROCE % compare to LIN and SHW?
SMB Cote d'Ivoire's ROCE % of 34.96% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.69. SMB Cote d'Ivoire's value of 34.96% is 422.6% 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 a Chemicals company?
The median ROCE % among Chemicals companies is 6.69, based on 1,591 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. SMB Cote d'Ivoire's current ROCE % of 34.96% is 422.6% 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 Chemicals industry, the median ROCE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMB Cote d'Ivoire's current ROCE % is 34.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMB Cote d'Ivoire stock overvalued right now?
SMB Cote d'Ivoire (XBRV:SMBC) has a current ROCE % of 34.96%. The current ROCE % is 34.96% and 422.6% above the Chemicals industry median of 6.69. SMB Cote d'Ivoire's overall GF Score™ is 53/100 with 11 warning signs to review. 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 SMB Cote d'Ivoire (XBRV:SMBC), the current ROCE % is 34.96% 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.

SMB Cote d'Ivoire Business Description

Address Boulevard de Petit Bassam, Vridi, Abidjan, CIV, BP 622
SMB Cote d'Ivoire, formerly Societe Multinationale de Bitumes SA is engaged in the refinement of crude oil. Its products are obtained by direct distillation of a South American heavy crude. It offers its products for the production of road bitumen. The various grades of bitumen offered by the company include 35/50, 40/50, 50/70, AC-10 and AC-20 among others.
53GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

XOF16,500.00
Price