Care Property Invest NV/SA (FRA:8OM) ROCE % : 7.19% (As of Sep. 2023)

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What is Care Property Invest NV/SA 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. Care Property Invest NV/SA's annualized ROCE % for the quarter that ended in Sep. 2023 was 7.19%.

Care Property Invest NV/SA ROCE % Historical Data

The historical data trend for Care Property Invest NV/SA'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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Care Property Invest NV/SA ROCE % Chart

Care Property Invest NV/SA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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6.59

7.15

4.62

9.44

12.52

Care Property Invest NV/SA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															14.82	2.11	4.34	-0.12	7.19

Care Property Invest NV/SA ROCE % Calculation

Care Property Invest NV/SA's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	97.275	/	( ( (945.316 - 169.801)	+	(1174.516 - 396.173) )	/ 2 )
	=	97.275	/	( (775.515	+	778.343)	/ 2 )
	=	97.275	/	776.929
	=	12.52 %

Care Property Invest NV/SA's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	58.392	/	( ( (1215.86 - 405.228)	+	(1226.105 - 411.913) )	/ 2 )
	=	58.392	/	( ( 810.632	+	814.192 )	/ 2 )
	=	58.392	/	812.412
	=	7.19 %

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

Care Property Invest NV/SA (FRA:8OM) 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.

Care Property Invest NV/SA ROCE % Related Terms

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Care Property Invest NV/SA (FRA:8OM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Care Property Invest NV/SA (FRA:8OM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

8OM:Germany CPINV:Belgium

Address

Horstebaan 3, Schoten, BEL, 2900

Website

https://www.carepropertyinvest.be

Care Property Invest NV/SA is a Belgian publicly regulated real estate company specialised in housing for seniors. Care Property Invest develops and finances affordable, high-quality, and attractive care infrastructure and various forms of housing for seniors and people with disabilities such as residential care centres, short-stay centres, groups of assisted living apartments, and residential complexes for people with physical and/or intellectual disabilities.

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