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INDUS Realty Trust ROIC %

: 2.65% (As of Jun. 2022)
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ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. INDUS Realty Trust's annualized return on invested capital (ROIC %) for the quarter that ended in Jun. 2022 was 2.65%.

As of today (2022-08-17), INDUS Realty Trust's WACC % is 6.69%. INDUS Realty Trust's ROIC % is 1.50% (calculated using TTM income statement data). INDUS Realty Trust earns returns that do not match up to its cost of capital. It will destroy value as it grows.


INDUS Realty Trust ROIC % Historical Data

The historical data trend for INDUS Realty Trust's ROIC % 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.

INDUS Realty Trust Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20
ROIC %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.31 3.95 2.65 2.06 1.67

INDUS Realty Trust Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
ROIC % 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 Premium Member Only Premium Member Only Premium Member Only 1.38 1.83 0.43 1.47 2.65

Competitive Comparison

For the Real Estate Services subindustry, INDUS Realty Trust's ROIC %, along with its competitors' market caps and ROIC % 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.

   

INDUS Realty Trust ROIC % Distribution

For the Real Estate industry and Real Estate sector, INDUS Realty Trust's ROIC % distribution charts can be found below:

* The bar in red indicates where INDUS Realty Trust's ROIC % falls into.



INDUS Realty Trust ROIC % Calculation

INDUS Realty Trust's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Nov. 2020 is calculated as:

ROIC % (A: Nov. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Nov. 2019 ) + Invested Capital (A: Nov. 2020 ))/ count )
=3.329 * ( 1 - -31.91% )/( (256.276 + 268.73)/ 2 )
=4.3912839/262.503
=1.67 %

where

INDUS Realty Trust's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Jun. 2022 is calculated as:

ROIC % (Q: Jun. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2022 ) + Invested Capital (Q: Jun. 2022 ))/ count )
=9.844 * ( 1 - -30.37% )/( (462.426 + 506.562)/ 2 )
=12.8336228/484.494
=2.65 %

where

Invested Capital(Q: Mar. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=591.86 - 14.813 - ( 125.727 - max(0, 23.547 - 138.168+125.727))
=462.426

Note: The Operating Income data used here is four times the quarterly (Jun. 2022) 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.


INDUS Realty Trust  (NAS:INDT) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, INDUS Realty Trust's WACC % is 6.69%. INDUS Realty Trust's ROIC % is 1.50% (calculated using TTM income statement data).


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


INDUS Realty Trust ROIC % Related Terms

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INDUS Realty Trust Business Description

INDUS Realty Trust logo
Traded in Other Exchanges
Address
641 Lexington Avenue, 26th Floor, New York, NY, USA, 10022
INDUS Realty Trust Inc is a real estate company. The company is engaged in developing, managing and leasing industrial properties, and to a lesser extent, office/flex properties. The major developments include industrial parks, Carolina Tradeport, New England Tradeport, and Lehigh Valley.
Executives
Cpref Ii Aiv Ii - A, L.p. 10 percent owner 375 PARK AVENUE NEW YORK NY 10152
Centerbridge Partners Real Estate Associates Ii, L.p. 10 percent owner 375 PARK AVENUE NEW YORK NY 10152
Centerbridge Partners Real Estate Fund Sbs Ii, L.p. 10 percent owner 375 PARK AVENUE NEW YORK NY 10152
Cpref Ii Cayman Gp Ltd. 10 percent owner 375 PARK AVENUE NEW YORK NY 10152
Cpref Ii Aiv Ii - B, L.p. 10 percent owner 375 PARK AVENUE NEW YORK NY 10152
Aronson Jeffrey 10 percent owner 375 PARK AVENUE, 12TH FLOOR NEW YORK NY 10152
Ccp Sbs Gp, Llc 10 percent owner C/O CENTERBRIDGE PARTNERS, L.P. 375 PARK AVENUE, 12TH FLOOR NEW YORK NY 10152
Conversant Gp Holdings Llc 10 percent owner 90 PARK AVENUE 32ND FLOOR NEW YORK NY 10016
Conversant Capital Llc 10 percent owner 25 DEFOREST AVENUE, 3RD FLOOR SUMMIT NJ 07901
Simanovsky Michael 10 percent owner 90 PARK AVENUE 32ND FLOOR NEW YORK NY 10016
Clark Jon W. officer: Executive Vice President 420 LEXINGTON AVE. NEW YORK NY 10170
Daniells Thomas M officer: Senior Vice President 20 RIVER ROAD ESSEX CT 06426
Yaghoubi Ardevan director 90 PARK AVENUE 32ND FLOOR NEW YORK NY 10016
Dugan Gordon F director 50 ROCKEFELLER PLZ 2ND FLOOR NEW YORK NY 10020
North Molly director 3456 CORNELL PL CINCINNATI OH 45220

INDUS Realty Trust Headlines

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