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Collins Property Group (JSE:CPP) ROCE % : 9.10% (As of Aug. 2023)


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What is Collins Property 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. Collins Property Group's annualized ROCE % for the quarter that ended in Aug. 2023 was 9.10%.


Collins Property Group ROCE % Historical Data

The historical data trend for Collins Property 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.

* Premium members only.

Collins Property Group ROCE % Chart

Collins Property Group Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.30 7.43 -1.48 8.94 9.96

Collins Property Group Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.82 11.73 7.57 13.53 9.10

Collins Property Group ROCE % Calculation

Collins Property Group's annualized ROCE % for the fiscal year that ended in Feb. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Feb. 2023 )  (A: Feb. 2022 )(A: Feb. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Feb. 2023 )  (A: Feb. 2022 )(A: Feb. 2023 )
=1299.32/( ( (17181.123 - 2288.067) + (12220.475 - 1025.009) )/ 2 )
=1299.32/( (14893.056+11195.466)/ 2 )
=1299.32/13044.261
=9.96 %

Collins Property Group's ROCE % of for the quarter that ended in Aug. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Aug. 2023 )  (Q: Feb. 2023 )(Q: Aug. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Aug. 2023 )  (Q: Feb. 2023 )(Q: Aug. 2023 )
=1019.848/( ( (12220.475 - 1025.009) + (12227.12 - 1010.686) )/ 2 )
=1019.848/( ( 11195.466 + 11216.434 )/ 2 )
=1019.848/11205.95
=9.10 %

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


Collins Property Group  (JSE:CPP) 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.


Collins Property Group ROCE % Related Terms

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Collins Property Group (JSE:CPP) Business Description

Traded in Other Exchanges
N/A
Address
1 Richefond Circle, Ridgeside Office Park, Umhlanga, NL, ZAF, 4319
Collins Property Group Ltd operates as an investment holding company, with interests in real properties, service offices, and financial services. Its activities include the development and management of commercial and residential real estate. It operates through the following segments: Property Austria; Property Namibia; Property rest of Africa; Property South Africa and Other. Its revenue includes rental income, initiation fees, interest income, other fee income and service charges, and revenue from hotel operations.

Collins Property Group (JSE:CPP) Headlines