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Brookfield Canada Office Properties (Brookfield Canada Office Properties) ROE % : 7.50% (As of Mar. 2017)


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What is Brookfield Canada Office Properties ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Brookfield Canada Office Properties's annualized net income for the quarter that ended in Mar. 2017 was $49.6 Mil. Brookfield Canada Office Properties's average Total Stockholders Equity over the quarter that ended in Mar. 2017 was $661.0 Mil. Therefore, Brookfield Canada Office Properties's annualized ROE % for the quarter that ended in Mar. 2017 was 7.50%.

The historical rank and industry rank for Brookfield Canada Office Properties's ROE % or its related term are showing as below:

BOXC's ROE % is not ranked *
in the REITs industry.
Industry Median: 4.195
* Ranked among companies with meaningful ROE % only.

Brookfield Canada Office Properties ROE % Historical Data

The historical data trend for Brookfield Canada Office Properties's ROE % 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.

Brookfield Canada Office Properties ROE % Chart

Brookfield Canada Office Properties Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
ROE %
Get a 7-Day Free Trial 19.27 5.25 3.65 10.15 3.02

Brookfield Canada Office Properties Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
ROE % 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 1.40 5.89 -3.21 8.17 7.50

Competitive Comparison of Brookfield Canada Office Properties's ROE %

For the REIT - Office subindustry, Brookfield Canada Office Properties's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brookfield Canada Office Properties's ROE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Brookfield Canada Office Properties's ROE % distribution charts can be found below:

* The bar in red indicates where Brookfield Canada Office Properties's ROE % falls into.



Brookfield Canada Office Properties ROE % Calculation

Brookfield Canada Office Properties's annualized ROE % for the fiscal year that ended in Dec. 2016 is calculated as

ROE %=Net Income (A: Dec. 2016 )/( (Total Stockholders Equity (A: Dec. 2015 )+Total Stockholders Equity (A: Dec. 2016 ))/ count )
=20.091/( (673.667+658.97)/ 2 )
=20.091/666.3185
=3.02 %

Brookfield Canada Office Properties's annualized ROE % for the quarter that ended in Mar. 2017 is calculated as

ROE %=Net Income (Q: Mar. 2017 )/( (Total Stockholders Equity (Q: Dec. 2016 )+Total Stockholders Equity (Q: Mar. 2017 ))/ count )
=49.6/( (658.97+662.957)/ 2 )
=49.6/660.9635
=7.50 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2017) net income data. ROE % is displayed in the 30-year financial page.


Brookfield Canada Office Properties  (NYSE:BOXC) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2017 )
=Net Income/Total Stockholders Equity
=49.6/660.9635
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(49.6 / 392.024)*(392.024 / 4654.91)*(4654.91 / 660.9635)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.65 %*0.0842*7.0426
=ROA %*Equity Multiplier
=1.07 %*7.0426
=7.50 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2017 )
=Net Income/Total Stockholders Equity
=49.6/660.9635
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (49.6 / 177.484) * (177.484 / 109.66) * (109.66 / 392.024) * (392.024 / 4654.91) * (4654.91 / 660.9635)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.2795 * 1.6185 * 27.97 % * 0.0842 * 7.0426
=7.50 %

Note: The net income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Brookfield Canada Office Properties ROE % Related Terms

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Brookfield Canada Office Properties (Brookfield Canada Office Properties) Business Description

Traded in Other Exchanges
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Address
Brookfield Canada Office Properties is an unincorporated, closed-end real estate investment trust established under and governed by the laws of the Province of Ontario, Canada and created pursuant to a declaration of trust dated March 19, 2010. The Trust invests, develops and operates commercial office properties in Toronto, Ottawa, Calgary, and Vancouver. The Trust has one business segment: the ownership and operation of investment properties in Canada. Its asset profile includes: commercial properties and commercial developments. Commercial properties comprise of its direct interests in wholly-owned commercial properties and proportionate share of the related assets, liabilities, revenue and expenses in its jointly controlled commercial properties; commercial development consists of the Bay Adelaide East development site, acquired from its parent company, BPO. Its primary markets are the financial, government and energy sectors. As an owner and manager of real property, the Trust is subject to various laws relating to environmental matters. It is also subject to risks associated with human exposure to chemical or biological contaminants such as molds, pollens, viruses and bacteria which, above certain levels, can be alleged to be connected to allergic or other health effects and symptoms in susceptible individuals.

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