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AEON REIT Investment (TSE:3292) ROCE % : 3.74% (As of Jul. 2023)


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What is AEON REIT Investment 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. AEON REIT Investment's annualized ROCE % for the quarter that ended in Jul. 2023 was 3.74%.


AEON REIT Investment ROCE % Historical Data

The historical data trend for AEON REIT Investment'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.

AEON REIT Investment ROCE % Chart

AEON REIT Investment Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.54 3.72 3.65 3.85 3.67

AEON REIT Investment Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 3.88 3.79 3.63 3.74 3.69

AEON REIT Investment ROCE % Calculation

AEON REIT Investment's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=15222.475/( ( (434634.991 - 24948.018) + (452485.655 - 31514.025) )/ 2 )
=15222.475/( (409686.973+420971.63)/ 2 )
=15222.475/415329.3015
=3.67 %

AEON REIT Investment's ROCE % of for the quarter that ended in Jul. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jul. 2023 )  (Q: Jan. 2023 )(Q: Jul. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jul. 2023 )  (Q: Jan. 2023 )(Q: Jul. 2023 )
=15558.358/( ( (433395.91 - 23276.535) + (452485.655 - 31514.025) )/ 2 )
=15558.358/( ( 410119.375 + 420971.63 )/ 2 )
=15558.358/415545.5025
=3.74 %

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


AEON REIT Investment  (TSE:3292) 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.


AEON REIT Investment ROCE % Related Terms

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AEON REIT Investment (TSE:3292) Business Description

Traded in Other Exchanges
N/A
Address
1-2-1, Nishiki-cho Kanda, Chiyoda-ku, Tokyo, JPN, 101-0054
AEON REIT Investment Corp is engaged in the real estate leasing business. The company aims to ensure a stable income and achieve steady portfolio growth over the medium-to-long term by investing in retail and securitized real estate products. The company invests in properties located in various regions throughout Japan including Kinki, Chugoku, Kyushu and Okinawa, Tokai and Hokuriku, Shikoku, Hokkaido and Tohoku, Kanto and Koushinetsu regions. Its investment areas are also located in overseas regions.

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