Land Securities Group (LSE:LAND) ROCE % : -2.92% (As of Sep. 2023)

View and export this data going back to 1955. Start your Free Trial

What is Land Securities 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. Land Securities Group's annualized ROCE % for the quarter that ended in Sep. 2023 was -2.92%.

Land Securities Group ROCE % Historical Data

The historical data trend for Land Securities 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.

Land Securities Group ROCE % Chart

Land Securities Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

-0.18

-5.72

-11.49

8.79

-4.79

Land Securities Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															6.14	11.72	-2.63	-7.22	-2.92

Land Securities Group ROCE % Calculation

Land Securities Group's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-535	/	( ( (12895 - 872)	+	(10966 - 645) )	/ 2 )
	=	-535	/	( (12023	+	10321)	/ 2 )
	=	-535	/	11172
	=	-4.79 %

Land Securities Group'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: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-292	/	( ( (10966 - 645)	+	(10905 - 1227) )	/ 2 )
	=	-292	/	( ( 10321	+	9678 )	/ 2 )
	=	-292	/	9999.5
	=	-2.92 %

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

Land Securities Group (LSE:LAND) 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.

Land Securities Group ROCE % Related Terms

Thank you for viewing the detailed overview of Land Securities Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Land Securities Group (LSE:LAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Land Securities Group PLC (LSE:LAND) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LSGOF:USA LDSCY:USA LANDl:UK LSU2:Germany

Address

100 Victoria Street, London, GBR, SW1E 5JL

Website

https://www.landsec.com

Land Securities Group PLC is a real estate investment trust engaged in buying, selling, developing, and managing commercial property in the United Kingdom. The company's real estate portfolio is made up of the office, retail, and leisure spaces in the London and Greater London regions. Office locations in London's West End, offices in the City of London, and shopping centers comprise the majority of the value of Land Securities' total assets. The company derives nearly all of its revenue in the form of rental income from medium- to long-term leases with tenants. Land Securities' overall net rental income is fairly evenly split between revenue from its London office properties and its retail properties in Greater London.