ESR Group (ESR Group) ROCE % : 2.37% (As of Dec. 2023)

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What is ESR Group 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. ESR Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.37%.

ESR Group ROCE % Historical Data

The historical data trend for ESR Group'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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ESR Group ROCE % Chart

ESR Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.46

8.88

9.02

9.07

4.77

ESR Group Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial								7.76	11.13	5.66	7.03	2.37

ESR Group ROCE % Calculation

ESR Group'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 )
	=	707.139	/	( ( (16199.374 - 1079.717)	+	(16191.075 - 1630.226) )	/ 2 )
	=	707.139	/	( (15119.657	+	14560.849)	/ 2 )
	=	707.139	/	14840.253
	=	4.77 %

ESR Group'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 )
	=	351.438	/	( ( (16318.372 - 1181.472)	+	(16191.075 - 1630.226) )	/ 2 )
	=	351.438	/	( ( 15136.9	+	14560.849 )	/ 2 )
	=	351.438	/	14848.8745
	=	2.37 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

ESR Group (OTCPK:ESRCF) 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.

ESR Group ROCE % Related Terms

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ESR Group (ESR Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » ESR Group Ltd (OTCPK:ESRCF) » Definitions » ROCE %

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01821:Hong Kong

Address

Two Exchange Square, Suites 2905-06, 8 Connaught Place, Central, Hong Kong, HKG

Website

https://www.esr.com

ESR Group, or ESR, is one of the largest real asset managers in the Asia-Pacific, with USD 145 billion in total assets under management as of Dec. 31, 2022. Most of its earnings are derived from fund management, where it manages underlying assets in investment vehicles such as a fund or REIT for fee income and a share of profits. It also develops and holds investment properties on its balance sheet for rental income and capital appreciation and will divest them into its managed funds and REITs over time to unlock and recycle the capital into other investment opportunities. In addition, to align its interest with its capital partners, ESR coinvests in the funds and REITs that it manages where it generates dividend income, pro rata earnings and value appreciation.

ESR Group (ESR Group) Headlines

From GuruFocus

Dividend Analysis: A Deep Dive into ESR Group Ltd's Dividend Performance

By GuruFocus Research • 09-11-2023