Union Investment (AMM:UINV) ROCE % : -11.89% (As of Mar. 2024)

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What is Union Investment 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. Union Investment's annualized ROCE % for the quarter that ended in Mar. 2024 was -11.89%.

Union Investment ROCE % Historical Data

The historical data trend for Union Investment'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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Union Investment ROCE % Chart

Union Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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17.65

7.26

-8.36

Union Investment 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															-3.99	0.93	-35.28	-5.56	-11.89

Union Investment ROCE % Calculation

Union Investment'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 )
	=	-5.604	/	( ( (141.402 - 60.498)	+	(122.057 - 68.858) )	/ 2 )
	=	-5.604	/	( (80.904	+	53.199)	/ 2 )
	=	-5.604	/	67.0515
	=	-8.36 %

Union Investment'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 )
	=	-6.048	/	( ( (122.057 - 68.858)	+	(116.701 - 68.206) )	/ 2 )
	=	-6.048	/	( ( 53.199	+	48.495 )	/ 2 )
	=	-6.048	/	50.847
	=	-11.89 %

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

Union Investment (AMM:UINV) 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.

Union Investment ROCE % Related Terms

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Union Investment (AMM:UINV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Union Investment Corp (AMM:UINV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Eritrea Street, Fourth floor, Al Nabal Building, Um Uthaina - P.O.Box 144064, Amman, JOR, 11814

Website

http://www.unioninvestco.com

Union Investment Corp is a Jordan based investment holding company. It has three operating segments including Tobacco and cigarettes; Investments in shares and associates; and Real estates by purchasing lands for the purpose of increasing its value. The company generates a vast majority of its revenue from the tobacco and cigarettes segment.

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