Blue Square Real Estate (XTAE:BLSR) ROCE % : 24.73% (As of Dec. 2023)

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What is Blue Square Real Estate 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. Blue Square Real Estate's annualized ROCE % for the quarter that ended in Dec. 2023 was 24.73%.

Blue Square Real Estate ROCE % Historical Data

The historical data trend for Blue Square Real Estate'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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Blue Square Real Estate ROCE % Chart

Blue Square Real Estate Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.73

5.48

13.60

8.12

12.18

Blue Square Real Estate 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															5.75	5.75	11.48	5.93	24.73

Blue Square Real Estate ROCE % Calculation

Blue Square Real Estate'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 )
	=	1006.494	/	( ( (8902.016 - 632.503)	+	(9772.808 - 1510.648) )	/ 2 )
	=	1006.494	/	( (8269.513	+	8262.16)	/ 2 )
	=	1006.494	/	8265.8365
	=	12.18 %

Blue Square Real Estate'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 )
	=	2083.812	/	( ( (9026.601 - 435.255)	+	(9772.808 - 1510.648) )	/ 2 )
	=	2083.812	/	( ( 8591.346	+	8262.16 )	/ 2 )
	=	2083.812	/	8426.753
	=	24.73 %

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

Blue Square Real Estate (XTAE:BLSR) 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.

Blue Square Real Estate ROCE % Related Terms

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Blue Square Real Estate (XTAE:BLSR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Blue Square Real Estate Ltd (XTAE:BLSR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Europark Yakum, France Building, P.O Box 10, Yakum, ISR, 60972

Website

http://www.alon.co.il

Blue Square Real Estate Ltd is engaged in the development and rental of real estate properties. The Company owns approximately 120 properties. Its assets include supermarkets, offices and logistics centers as well as various lots for development.

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