Wataniya Palestine Mobile Telecommunications (XPAE:OOREDOO) ROCE % : 3.97% (As of Dec. 2024)

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What is Wataniya Palestine Mobile Telecommunications 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. Wataniya Palestine Mobile Telecommunications's annualized ROCE % for the quarter that ended in Dec. 2024 was 3.97%.

Wataniya Palestine Mobile Telecommunications ROCE % Historical Data

The historical data trend for Wataniya Palestine Mobile Telecommunications'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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Wataniya Palestine Mobile Telecommunications ROCE % Chart

Wataniya Palestine Mobile Telecommunications Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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5.06

9.02

11.81

11.87

8.05

Wataniya Palestine Mobile Telecommunications Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															5.48	8.78	10.42	9.03	3.97

Wataniya Palestine Mobile Telecommunications ROCE % Calculation

Wataniya Palestine Mobile Telecommunications'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 )
	=	13.609	/	( ( (220.209 - 58.379)	+	(238.722 - 62.315) )	/ 2 )
	=	13.609	/	( (161.83	+	176.407)	/ 2 )
	=	13.609	/	169.1185
	=	8.05 %

Wataniya Palestine Mobile Telecommunications'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: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	6.956	/	( ( (230.458 - 56.142)	+	(238.722 - 62.315) )	/ 2 )
	=	6.956	/	( ( 174.316	+	176.407 )	/ 2 )
	=	6.956	/	175.3615
	=	3.97 %

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

Wataniya Palestine Mobile Telecommunications (XPAE:OOREDOO) 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.

Wataniya Palestine Mobile Telecommunications ROCE % Related Terms

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Wataniya Palestine Mobile Telecommunications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Wataniya Palestine Mobile Telecommunications (XPAE:OOREDOO) » Definitions » ROCE %

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N/A

Address

Sateh Marhaba, P.O. Box 4236, Al Bireh, PSE

Website

https://www.ooredoo.ps

Wataniya Palestine Mobile Telecommunications Formerly Wataniya Mobile is a telecommunication company. It is engaged in offering, selling, and managing wireless telecommunication services as well as constructing and operating wireless telecommunication stations and telephone networks. It offers a range of services and products tailored to the needs of individuals and businesses in Palestine. The company carrying out the majority of its activities in Palestine.

Wataniya Palestine Mobile Telecommunications Headlines

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