Mivne Real Estate (K.D) (XTAE:MVNE) ROCE % : -1.50% (As of Dec. 2024)

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What is Mivne Real Estate (K.D) 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. Mivne Real Estate (K.D)'s annualized ROCE % for the quarter that ended in Dec. 2024 was -1.50%.

Mivne Real Estate (K.D) ROCE % Historical Data

The historical data trend for Mivne Real Estate (K.D)'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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Mivne Real Estate (K.D) ROCE % Chart

Mivne Real Estate (K.D) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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7.65

10.06

11.98

3.62

5.19

Mivne Real Estate (K.D) 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															-4.55	5.44	9.47	7.00	-1.50

Mivne Real Estate (K.D) ROCE % Calculation

Mivne Real Estate (K.D)'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 )
	=	908.174	/	( ( (18101.078 - 974.301)	+	(19095.275 - 1231.678) )	/ 2 )
	=	908.174	/	( (17126.777	+	17863.597)	/ 2 )
	=	908.174	/	17495.187
	=	5.19 %

Mivne Real Estate (K.D)'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 )
	=	-268.06	/	( ( (19126.327 - 1176.957)	+	(19095.275 - 1231.678) )	/ 2 )
	=	-268.06	/	( ( 17949.37	+	17863.597 )	/ 2 )
	=	-268.06	/	17906.4835
	=	-1.50 %

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

Mivne Real Estate (K.D) (XTAE:MVNE) 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.

Mivne Real Estate (K.D) ROCE % Related Terms

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Mivne Real Estate (K.D) Business Description

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Address

7 Totzeret Haaretz Street, Tel Aviv, ISR, 9212

Website

https://www.mivnegroup.co.il

Mivne Real Estate (K.D) Ltd has two segments which are cash-generating properties that engage, by themselves and through its investees, in varied real estate activity centering on Israel; the Residential real estate development field is active in the development of residential real estate in Israel including locating, initiating, planning, developing, building, marketing and selling residential construction in Israel, and Others.

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