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Waypoint REIT (FRA:1V2) ROCE %

: -6.12% (As of Dec. 2023)
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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. Waypoint REIT's annualized ROCE % for the quarter that ended in Dec. 2023 was -6.12%.


Waypoint REIT ROCE % Historical Data

The historical data trend for Waypoint REIT'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.

Waypoint REIT Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 9.24 11.44 16.22 5.56 -1.36

Waypoint REIT Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 13.56 14.83 -3.90 3.21 -6.12

Waypoint REIT ROCE % Calculation

Waypoint REIT'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 )
=-24.306/( ( (1903.351 - 26.18) + (1717.319 - 24.797) )/ 2 )
=-24.306/( (1877.171+1692.522)/ 2 )
=-24.306/1784.8465
=-1.36 %

Waypoint REIT'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 )
=-107.168/( ( (1832.558 - 23.725) + (1717.319 - 24.797) )/ 2 )
=-107.168/( ( 1808.833 + 1692.522 )/ 2 )
=-107.168/1750.6775
=-6.12 %

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


Waypoint REIT  (FRA:1V2) 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.


Waypoint REIT ROCE % Related Terms

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Waypoint REIT (FRA:1V2) Business Description

Traded in Other Exchanges
Address
720 Bourke Street, Level 15, Docklands, VIC, AUS, 3008
Waypoint REIT owns a AUD 3 billion portfolio of service station properties across Australia. About 80% of the portfolio by value is in capital cities and other major urban areas, with about 10% on highways and a similar proportion in small towns. About 95% of rental income comes from ASX-listed Viva Energy and 90% of the leases are triple net, where the tenant pays all property outgoings. Management is internal.

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