Alliances Developpement Immobilier (CAS:ADI) ROCE % : 5.63% (As of Jun. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Alliances Developpement Immobilier 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. Alliances Developpement Immobilier's annualized ROCE % for the quarter that ended in Jun. 2023 was 5.63%.

Alliances Developpement Immobilier ROCE % Historical Data

The historical data trend for Alliances Developpement Immobilier'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.

* Premium members only.

Alliances Developpement Immobilier ROCE % Chart

Alliances Developpement Immobilier Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

7.62

2.60

-3.92

3.74

4.64

Alliances Developpement Immobilier Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Jun15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															4.14	3.31	4.63	4.62	5.63

Alliances Developpement Immobilier ROCE % Calculation

Alliances Developpement Immobilier's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	319.342	/	( ( (13144.448 - 6233.531)	+	(12818.067 - 5950.29) )	/ 2 )
	=	319.342	/	( (6910.917	+	6867.777)	/ 2 )
	=	319.342	/	6889.347
	=	4.64 %

Alliances Developpement Immobilier's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	381.658	/	( ( (12818.067 - 5950.29)	+	(12042.86 - 5343.399) )	/ 2 )
	=	381.658	/	( ( 6867.777	+	6699.461 )	/ 2 )
	=	381.658	/	6783.619
	=	5.63 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

Alliances Developpement Immobilier (CAS:ADI) 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.

Alliances Developpement Immobilier ROCE % Related Terms

Thank you for viewing the detailed overview of Alliances Developpement Immobilier's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Alliances Developpement Immobilier (CAS:ADI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Alliances Developpement Immobilier SA (CAS:ADI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

16, Rue Ali Abderrazak, Casablanca, MAR

Website

http://www.alliances.co.ma

Alliances Developpement Immobilier SA provides real estate services. Its business activities include development, building, marketing and managing of commercial and residential assets as well as tourist property.