ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Axtra Future City Freehold and Leasehold REIT's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 6.34%.
As of today (2026-06-26), Axtra Future City Freehold and Leasehold REIT's WACC % is 6.37%. Axtra Future City Freehold and Leasehold REIT's ROC % is 6.49% (calculated using TTM income statement data).
Axtra Future City Freehold and Leasehold REIT generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.
Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) ROC % Explanation
ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. 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 ROC % 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, Axtra Future City Freehold and Leasehold REIT's WACC % is 6.37%. Axtra Future City Freehold and Leasehold REIT's ROC % is 6.49% (calculated using TTM income statement data).
Axtra Future City Freehold and Leasehold REIT generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.
Be Aware
Like ROE % and ROA %, ROC % 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.
Axtra Future City Freehold and Leasehold REIT ROC % Related Terms
Axtra Future City Freehold and Leasehold REIT ROC % Historical 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.
Axtra Future City Freehold and Leasehold REIT ROC % Chart
Axtra Future City Freehold and Leasehold REIT Annual Data
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) data.
The tax rate is limited to between 0% and 100%.
* 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.
Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) has a ROC % of 6.34% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Axtra Future City Freehold and Leasehold REIT and its competitors.
Is Axtra Future City Freehold and Leasehold REIT's ROC % too high?
Axtra Future City Freehold and Leasehold REIT's current ROC % is 6.34%. The REITs industry median ROC % is 3.74. Axtra Future City Freehold and Leasehold REIT's value of 6.34% is 69.5% above this industry median. Overall, Axtra Future City Freehold and Leasehold REIT has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axtra Future City Freehold and Leasehold REIT's ROC % compare to SPG and O?
Axtra Future City Freehold and Leasehold REIT's ROC % of 6.34% can be compared against companies in the REITs industry. The industry median ROC % is 3.74. Axtra Future City Freehold and Leasehold REIT's value of 6.34% is 69.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a REITs company?
The median ROC % among REITs companies is 3.74, based on 749 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Axtra Future City Freehold and Leasehold REIT's current ROC % of 6.34% is 69.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Axtra Future City Freehold and Leasehold REIT and its competitors. For the REITs industry, the median ROC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axtra Future City Freehold and Leasehold REIT's current ROC % is 6.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axtra Future City Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) is currently considered Fairly Valued. The stock's GF Value™ is ฿13.10, compared to a current price of ฿12.80 — trading 2.3% below its estimated fair value. The current ROC % is 6.34% and 69.5% above the REITs industry median of 3.74. Axtra Future City Freehold and Leasehold REIT's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART), the current ROC % is 6.34% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) Overvalued in 2026?
Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT stock appears to be undervalued.
The current stock price of ฿12.80 is trading 2.3% below its estimated GF Value™ of ฿13.10.
GuruFocus considers Axtra Future City Freehold and Leasehold REIT to be Fairly Valued.
Key valuation signals for BKK:AXTRART:
ROC %: 6.34%
GF Value™: ฿13.10 vs. price of ฿12.80 (2.3% below fair value)
No single metric tells the full story. See the BKK:AXTRART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axtra Future City Freehold and Leasehold REIT Business Description
Axtra Future City Freehold and Leasehold REIT is a closed-end retail growth freehold and leasehold property fund. The Fund's objective is to seek funds from investors, invest mostly in property or property leasehold rights and generate benefit from such property. It Invest in Freehold & Leasehold of properties which comprises of nearly 23 shopping malls (Lotus's). The company operates only in Thailand.
85GF Score
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