Robinsons Land (Robinsons Land) ROCE % : 10.81% (As of Mar. 2024)

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What is Robinsons Land 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. Robinsons Land's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.81%.

Robinsons Land ROCE % Historical Data

The historical data trend for Robinsons Land'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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Robinsons Land ROCE % Chart

Robinsons Land Annual Data

Trend

Sep14

Sep15

Sep16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.65

5.53

5.89

7.94

8.98

Robinsons Land 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															8.29	9.71	8.90	9.41	10.81

Robinsons Land ROCE % Calculation

Robinsons Land'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 )
	=	294.716	/	( ( (3844.76 - 746.007)	+	(4055.611 - 588.547) )	/ 2 )
	=	294.716	/	( (3098.753	+	3467.064)	/ 2 )
	=	294.716	/	3282.9085
	=	8.98 %

Robinsons Land'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 )
	=	383.112	/	( ( (4055.611 - 588.547)	+	(4154.919 - 532.809) )	/ 2 )
	=	383.112	/	( ( 3467.064	+	3622.11 )	/ 2 )
	=	383.112	/	3544.587
	=	10.81 %

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

Robinsons Land (OTCPK:RBLAY) 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.

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Robinsons Land (Robinsons Land) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Robinsons Land Corp (OTCPK:RBLAY) » Definitions » ROCE %

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RLC:Philippines

Address

EDSA corner Ortigas Avenue, Level 2, Galleria Corporate Center, Metro Manila, Quezon City, PHL, 1100

Website

https://www.robinsonsland.com

Robinsons Land Corp is a real estate developer in the Philippines. The company's two operating strategies are to take on development projects or investment projects. In taking investment projects, the company develops, owns and operates commercial real estate projects (shopping malls, office buildings and hotels). For the development projects, the company develops residential real estate projects for sale (residential condominiums, upper-middle to high-end residential developments and low-and-middle-cost lots). The company has four official business divisions: commercial centres, residential, office buildings, and hotels. The commercial centers division accounts for the majority of Robinsons Land Corporation's revenue.