Investore Property (NZSE:IPL) ROCE % : -11.41% (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Investore Property 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. Investore Property's annualized ROCE % for the quarter that ended in Sep. 2023 was -11.41%.

Investore Property ROCE % Historical Data

The historical data trend for Investore Property'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.

Investore Property ROCE % Chart

Investore Property Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

7.81

6.18

20.14

12.08

-11.69

Investore Property Semi-Annual Data
	Sep16	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial									11.96	11.93	-2.87	-20.46	-11.41

Investore Property ROCE % Calculation

Investore Property's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-134.569	/	( ( (1238.736 - 6.724)	+	(1080.288 - 9.052) )	/ 2 )
	=	-134.569	/	( (1232.012	+	1071.236)	/ 2 )
	=	-134.569	/	1151.624
	=	-11.69 %

Investore Property's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-112.702	/	( ( (1080.288 - 9.052)	+	(1014.731 - 111.233) )	/ 2 )
	=	-112.702	/	( ( 1071.236	+	903.498 )	/ 2 )
	=	-112.702	/	987.367
	=	-11.41 %

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

Investore Property (NZSE:IPL) 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.

Investore Property ROCE % Related Terms

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

Investore Property (NZSE:IPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Investore Property Ltd (NZSE:IPL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

34 Shortland Street, Level 12, Auckland, NZL, 1010

Website

https://www.investoreproperty.co.nz

Investore Property Ltd is a commercial property ownership business that has been established to invest in quality Large Format Retail property assets. Its Large Format Retail includes single-story or low-level properties comprising retail shops and outlets and car parking areas. The group is reported to have a single operating segment, being large format retail properties. The company derives revenue from Rental income.

Investore Property (NZSE:IPL) Headlines

No Headlines