SmartCentres Real Estate Investment Trust (SmartCentres Real Estate Investment Trust) ROCE % : 1.99% (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is SmartCentres Real Estate Investment Trust 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. SmartCentres Real Estate Investment Trust's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.99%.

SmartCentres Real Estate Investment Trust ROCE % Historical Data

The historical data trend for SmartCentres Real Estate Investment Trust'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.

SmartCentres Real Estate Investment Trust ROCE % Chart

SmartCentres Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

5.85

2.60

11.30

7.13

6.12

SmartCentres Real Estate Investment Trust 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															5.01	5.51	7.60	9.07	1.99

SmartCentres Real Estate Investment Trust ROCE % Calculation

SmartCentres Real Estate Investment Trust'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 )
	=	499.686	/	( ( (8614.025 - 530.291)	+	(8874.047 - 640.253) )	/ 2 )
	=	499.686	/	( (8083.734	+	8233.794)	/ 2 )
	=	499.686	/	8158.764
	=	6.12 %

SmartCentres Real Estate Investment Trust'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 )
	=	164.384	/	( ( (8878.208 - 599.56)	+	(8874.047 - 640.253) )	/ 2 )
	=	164.384	/	( ( 8278.648	+	8233.794 )	/ 2 )
	=	164.384	/	8256.221
	=	1.99 %

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

SmartCentres Real Estate Investment Trust (OTCPK:CWYUF) 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.

SmartCentres Real Estate Investment Trust ROCE % Related Terms

Thank you for viewing the detailed overview of SmartCentres Real Estate Investment Trust's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

SmartCentres Real Estate Investment Trust (SmartCentres Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SmartCentres Real Estate Investment Trust (OTCPK:CWYUF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

C7J1:Germany SRU.UN:Canada

Address

3200 Highway 7, Vaughan, ON, CAN, L4K 5Z5

Website

https://www.smartcentres.com

SmartCentres Real Estate Investment Trust is a Canadian fully integrated commercial and residential REIT, with approximately 174 strategically located properties in communities across the country. The company is developing complete, connected, mixed-use communities on its existing retail properties, under its wholly-owned residential sub-brand, SmartLiving. The Trust develops, leases, constructs, owns and manages shopping centres, office buildings, high-rise and low-rise condominiums and rental residences, seniors' housing, townhome units, self-storage rental facilities, and industrial facilities in Canada.

SmartCentres Real Estate Investment Trust (SmartCentres Real Estate Investment Trust) Headlines

From GuruFocus

Strategic Storage Trust VI, Inc. Acquires Land for the Development of a 1,200 Unit Self Storage Facility in the Greater Toronto Area

By PRNewswire PRNewswire • 04-20-2021

Strategic Storage Trust IV Opens Newly Constructed Facility Location in Greater Toronto Area

By PRNewswire PRNewswire • 02-04-2021

SmartCentres Real Estate Investment Trust Stock Gives Every Indication Of Being Fairly Valued

By GF Value GF Value • 04-02-2021