Keppel REIT (Keppel REIT) ROCE % : 4.07% (As of Dec. 2023)

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What is Keppel REIT 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. Keppel REIT's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.07%.

Keppel REIT ROCE % Historical Data

The historical data trend for Keppel 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.

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Keppel REIT ROCE % Chart

Keppel REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.89

0.73

4.12

6.20

3.42

Keppel REIT 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															4.18	5.57	6.74	2.83	4.07

Keppel REIT ROCE % Calculation

Keppel 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 )
	=	204.931	/	( ( (6570.036 - 528.381)	+	(6200.231 - 253.682) )	/ 2 )
	=	204.931	/	( (6041.655	+	5946.549)	/ 2 )
	=	204.931	/	5994.102
	=	3.42 %

Keppel 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 )
	=	240.136	/	( ( (6150.152 - 309.106)	+	(6200.231 - 253.682) )	/ 2 )
	=	240.136	/	( ( 5841.046	+	5946.549 )	/ 2 )
	=	240.136	/	5893.7975
	=	4.07 %

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

Keppel REIT (OTCPK:KREVF) 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.

Keppel REIT ROCE % Related Terms

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Keppel REIT (Keppel REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Keppel REIT (OTCPK:KREVF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

K71U:Singapore H27:Germany

Address

1 HarbourFront Avenue, No. 18-01, Level 2 Keppel Bay Tower, Singapore, SGP, 098632

Website

https://www.keppelreit.com

Keppel REIT is a pure-play commercial real estate investment trust with an SGD 9.2 billion portfolio of assets (as of Dec. 31, 2022) across Singapore, Australia, South Korea, and Japan. The majority of its assets are in Singapore, where it owns a 100% stake in Keppel Bay Tower, a 79.9% stake in Ocean Financial Centre, and a 33.33% stake in Marina Bay Financial Centre and One Raffles Quay. The trust is externally managed by Keppel REIT Management, a subsidiary of Keppel Capital. Parent Keppel Corp. currently retains an approximate 47% stake in KREIT.

Keppel REIT (Keppel REIT) Headlines

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