Gamma-Civic (XMAU:GCL.N0000) ROCE % : 9.33% (As of Mar. 2024)

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What is Gamma-Civic 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. Gamma-Civic's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.33%.

Gamma-Civic ROCE % Historical Data

The historical data trend for Gamma-Civic'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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Gamma-Civic ROCE % Chart

Gamma-Civic Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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17.19

7.13

9.16

11.29

11.24

Gamma-Civic Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															7.43	11.26	10.98	15.44	9.33

Gamma-Civic ROCE % Calculation

Gamma-Civic'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 )
	=	651.769	/	( ( (7845.815 - 2054.237)	+	(8621.599 - 2815.061) )	/ 2 )
	=	651.769	/	( (5791.578	+	5806.538)	/ 2 )
	=	651.769	/	5799.058
	=	11.24 %

Gamma-Civic's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	531.96	/	( ( (8621.599 - 2815.061)	+	(8632.022 - 3030.182) )	/ 2 )
	=	531.96	/	( ( 5806.538	+	5601.84 )	/ 2 )
	=	531.96	/	5704.189
	=	9.33 %

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

Gamma-Civic (XMAU:GCL.N0000) 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.

Gamma-Civic ROCE % Related Terms

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Gamma-Civic (XMAU:GCL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Gamma-Civic Ltd (XMAU:GCL.N0000) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

18 Bank Street, 4th Floor, HSBC Centre, Ebene Cybercity, Port Louis, MUS, 72201

Website

https://www.gamma.mu

Gamma-Civic Ltd is an investment holding company. The company's reportable segments include Building Materials, Contracting, Investments, Lottery, Corporate Services, and Other segments. It generates maximum revenue from the Building Materials segment. The Building Materials segment imports cement in bulk and sells it in bulk or bags. Its Lottery segment is engaged in the lottery business. The Contracting segment is engaged in the building and civil engineering works, asphalt production, and asphalt road works. Its Investments segment has a bank of land and office buildings for development and rental. Geographically, it operates only in Mauritius.

Gamma-Civic (XMAU:GCL.N0000) Headlines

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