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HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) ROCE % : 34.49% (As of Dec. 2023)


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What is HBR Realty Empreendimentos Imobiliarios 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. HBR Realty Empreendimentos Imobiliarios's annualized ROCE % for the quarter that ended in Dec. 2023 was 34.49%.


HBR Realty Empreendimentos Imobiliarios ROCE % Historical Data

The historical data trend for HBR Realty Empreendimentos Imobiliarios'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.

HBR Realty Empreendimentos Imobiliarios ROCE % Chart

HBR Realty Empreendimentos Imobiliarios Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROCE %
3.74 11.33 7.01 10.98

HBR Realty Empreendimentos Imobiliarios Quarterly Data
Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.50 4.37 2.69 2.46 34.49

HBR Realty Empreendimentos Imobiliarios ROCE % Calculation

HBR Realty Empreendimentos Imobiliarios'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 )
=459.534/( ( (4281.969 - 315.419) + (4689.03 - 284.631) )/ 2 )
=459.534/( (3966.55+4404.399)/ 2 )
=459.534/4185.4745
=10.98 %

HBR Realty Empreendimentos Imobiliarios'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 )
=1456.952/( ( (4308.741 - 263.533) + (4689.03 - 284.631) )/ 2 )
=1456.952/( ( 4045.208 + 4404.399 )/ 2 )
=1456.952/4224.8035
=34.49 %

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

* 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.


HBR Realty Empreendimentos Imobiliarios  (BSP:HBRE3) 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.


HBR Realty Empreendimentos Imobiliarios ROCE % Related Terms

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HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) Business Description

Traded in Other Exchanges
N/A
Address
Av. Vereador Narciso Yague Guimaraes, 1.145, 2nd Floor, Jardim Arenia, Mogi das Cruzes, SP, BRA, CEP 08710-500
HBR Realty Empreendimentos Imobiliarios SA operates in the real estate development and management division. The company's business strategy is focused on the real estate development of urban properties, distributed over four main platforms that house the developed and developing asset classes. These platforms are: ComVem, HBR3A, HBR Malls and HBR Opportunities. ComVem platform is dedicated towards development and administration of convenience centers; HBR 3A platform dedicated to the development and management of corporate buildings; HBR Malls platform dedicated to the acquisition, development and management of shopping centers and HBR Opportunities platform brings together assets of various classes, such as built to suits, development and management of hotels, parking lots, among others.

HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) Headlines

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