Wereldhave NV (FRA:WER) ROCE % : 5.06% (As of Dec. 2023)

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What is Wereldhave NV 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. Wereldhave NV's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.06%.

Wereldhave NV ROCE % Historical Data

The historical data trend for Wereldhave NV'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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Wereldhave NV ROCE % Chart

Wereldhave NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-10.13

-6.48

-9.09

5.40

6.14

Wereldhave NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-16.71	6.13	4.73	7.50	5.06

Wereldhave NV ROCE % Calculation

Wereldhave NV'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 )
	=	120.611	/	( ( (2098.055 - 215.723)	+	(2277.525 - 233.692) )	/ 2 )
	=	120.611	/	( (1882.332	+	2043.833)	/ 2 )
	=	120.611	/	1963.0825
	=	6.14 %

Wereldhave NV'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 )
	=	99.642	/	( ( (2159.531 - 266.105)	+	(2277.525 - 233.692) )	/ 2 )
	=	99.642	/	( ( 1893.426	+	2043.833 )	/ 2 )
	=	99.642	/	1968.6295
	=	5.06 %

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

Wereldhave NV (FRA:WER) 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.

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Wereldhave NV (FRA:WER) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Wereldhave NV (FRA:WER) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

WRDEF:USA WHA:Netherlands 0NMR:UK WER:Germany

Address

Schiphol Boulevard 233, WTC Schiphol, Tower A, PO Box 75837, 3rd Floor, Schiphol, NLD, 1118 BH

Website

https://www.wereldhave.com

Wereldhave NV is a Dutch real estate investment company that owns and operates shopping centres in northwest continental Europe. The company's properties are located in large regional cities in the Netherlands, Belgium, France, and Finland, with the majority of revenue derived from the Netherlands. Wereldhave principally generates revenue from leasing properties to tenants, which include fashion and accessories stores, restaurants and cafes, consumer electronics retailers, and homeware and household shops.

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