Alrov Properties & Lodgings (XTAE:ALRPR) ROCE % : -4.34% (As of Dec. 2023)

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What is Alrov Properties & Lodgings 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. Alrov Properties & Lodgings's annualized ROCE % for the quarter that ended in Dec. 2023 was -4.34%.

Alrov Properties & Lodgings ROCE % Historical Data

The historical data trend for Alrov Properties & Lodgings'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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Alrov Properties & Lodgings ROCE % Chart

Alrov Properties & Lodgings Annual Data

Trend

Dec08

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.01

-0.54

7.47

2.85

0.21

Alrov Properties & Lodgings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															2.37	-1.34	3.17	3.20	-4.34

Alrov Properties & Lodgings ROCE % Calculation

Alrov Properties & Lodgings'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 )
	=	33.008	/	( ( (16588.286 - 1361.043)	+	(17636.319 - 2139.667) )	/ 2 )
	=	33.008	/	( (15227.243	+	15496.652)	/ 2 )
	=	33.008	/	15361.9475
	=	0.21 %

Alrov Properties & Lodgings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-694.6	/	( ( (17646.382 - 1134.631)	+	(17636.319 - 2139.667) )	/ 2 )
	=	-694.6	/	( ( 16511.751	+	15496.652 )	/ 2 )
	=	-694.6	/	16004.2015
	=	-4.34 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Alrov Properties & Lodgings (XTAE:ALRPR) 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.

Alrov Properties & Lodgings ROCE % Related Terms

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Alrov Properties & Lodgings (XTAE:ALRPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Alrov Properties & Lodgings Ltd (XTAE:ALRPR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

46 Rothschild Boulevard, The Alrov Tower, Tel Aviv, ISR, 66883

Website

https://www.alrov.co.il

Alrov Properties & Lodgings Ltd is an Israel-based real estate company. It is involved in investing in, developing and operating luxury projects. The company operating segments include Investment Property, lodging overseas, Lodging in Israel, Securities and others. It generates maximum revenue from the Investment Property segment. The company initiates projects related to hotels, office buildings, commercial and residential properties.

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