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Goodman Property Trust (NZSE:GMT) 5-Year ROIIC % : 2.47% (As of Mar. 2023)


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What is Goodman Property Trust 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Goodman Property Trust's 5-Year ROIIC % for the quarter that ended in Mar. 2023 was 2.47%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Goodman Property Trust's 5-Year ROIIC % or its related term are showing as below:

NZSE:GMT's 5-Year ROIIC % is ranked worse than
62.04% of 598 companies
in the REITs industry
Industry Median: 3.635 vs NZSE:GMT: 2.47

Goodman Property Trust 5-Year ROIIC % Historical Data

The historical data trend for Goodman Property Trust's 5-Year ROIIC % 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.

Goodman Property Trust 5-Year ROIIC % Chart

Goodman Property Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.11 0.34 1.61 0.01 2.47

Goodman Property Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
5-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.01 - 2.47 -

Competitive Comparison of Goodman Property Trust's 5-Year ROIIC %

For the REIT - Industrial subindustry, Goodman Property Trust's 5-Year ROIIC %, along with its competitors' market caps and 5-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Goodman Property Trust's 5-Year ROIIC % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Goodman Property Trust's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Goodman Property Trust's 5-Year ROIIC % falls into.



Goodman Property Trust 5-Year ROIIC % Calculation

Goodman Property Trust's 5-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 168.1749 (Mar. 2023) - 111.88785 (Mar. 2018) )/( 4943.2 (Mar. 2023) - 2665.6 (Mar. 2018) )
=56.28705/2277.6
=2.47%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 5-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Goodman Property Trust  (NZSE:GMT) 5-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Goodman Property Trust 5-Year ROIIC % Related Terms

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Goodman Property Trust (NZSE:GMT) Business Description

Traded in Other Exchanges
N/A
Address
The Hayesbery, 1-11 Hayes Road, Rosebery, Sydney, NSW, AUS, 2018
Goodman Property Trust is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment strategy is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.

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