Prodea Real Estate Investment Co (ATH:PRODEA) ROCE % : 0.00% (As of Dec. 2023)

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What is Prodea Real Estate Investment Co 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. Prodea Real Estate Investment Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Prodea Real Estate Investment Co ROCE % Historical Data

The historical data trend for Prodea Real Estate Investment Co'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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Prodea Real Estate Investment Co ROCE % Chart

Prodea Real Estate Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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17.94

4.51

9.61

6.00

5.59

Prodea Real Estate Investment Co Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															11.06	3.74	5.46	-	-

Prodea Real Estate Investment Co ROCE % Calculation

Prodea Real Estate Investment Co'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 )
	=	150.355	/	( ( (3013.405 - 201.12)	+	(2987.931 - 422.315) )	/ 2 )
	=	150.355	/	( (2812.285	+	2565.616)	/ 2 )
	=	150.355	/	2688.9505
	=	5.59 %

Prodea Real Estate Investment Co'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	0	/	( ( (3046.733 - 256.672)	+	(2987.931 - 422.315) )	/ 2 )
	=	0	/	( ( 2790.061	+	2565.616 )	/ 2 )
	=	0	/	2677.8385
	=	0.00 %

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

Prodea Real Estate Investment Co (ATH:PRODEA) 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.

Prodea Real Estate Investment Co ROCE % Related Terms

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Prodea Real Estate Investment Co (ATH:PRODEA) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Prodea Real Estate Investment Co SA (ATH:PRODEA) » Definitions » ROCE %

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Address

Chrisospiliotissis 9 street, Athens, GRC, 10562

Website

https://www.prodea.gr

Prodea Real Estate Investment Co SA is a Greek Real Estate Investment trust. The Company's Business Segments include Retail/big boxes, Bank Branches, Offices and Other (including logistics, hotels, archives, petrol stations, parking spaces, land plots, residential properties and other properties with special use). The Geographical Segments of the company include 1) Greece, 2) Italy, 3) Cyprus and 4) Other countries.

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