Afcon Holdings (XTAE:AFHL) ROCE % : 4.25% (As of Dec. 2024)

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What is Afcon Holdings 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. Afcon Holdings's annualized ROCE % for the quarter that ended in Dec. 2024 was 4.25%.

Afcon Holdings ROCE % Historical Data

The historical data trend for Afcon Holdings'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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Afcon Holdings ROCE % Chart

Afcon Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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5.69

17.61

-0.10

4.26

9.15

Afcon Holdings 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															-8.12	9.00	12.28	12.45	4.25

Afcon Holdings ROCE % Calculation

Afcon Holdings'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 )
	=	89.979	/	( ( (1863.569 - 924.448)	+	(1946.808 - 918.808) )	/ 2 )
	=	89.979	/	( (939.121	+	1028)	/ 2 )
	=	89.979	/	983.5605
	=	9.15 %

Afcon Holdings'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 )
	=	42.676	/	( ( (1833.284 - 853.286)	+	(1946.808 - 918.808) )	/ 2 )
	=	42.676	/	( ( 979.998	+	1028 )	/ 2 )
	=	42.676	/	1003.999
	=	4.25 %

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

Afcon Holdings (XTAE:AFHL) 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.

Afcon Holdings ROCE % Related Terms

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Afcon Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Afcon Holdings Ltd (XTAE:AFHL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Tavor Alley, Sgula street, Segula Industrial Zone, Petach Tikva, ISR, 4969104

Website

http://www.afcon-ind.co.il

Afcon Holdings Ltd manufactures electronic components. It provide solutions such as construction contracting and finishing works, installation of electro-mechanical systems (electricity, air conditioning, cooling and plumbing), installation of electrical systems for industry, manufacture and installation of electrical infrastructure products for high voltage, medium / high voltage and low voltage for buildings, Gas engineering, and construction and execution of wind farms, photovoltaic fields and infrastructure facilities. It provides solutions to large-scale projects in the fields of infrastructure, electromechanical systems, control and automation and communications.

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