Elanor Commercial Property Fund (ASX:ECF) ROCE % : 3.28% (As of Dec. 2024)

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What is Elanor Commercial Property Fund 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. Elanor Commercial Property Fund's annualized ROCE % for the quarter that ended in Dec. 2024 was 3.28%.

Elanor Commercial Property Fund ROCE % Historical Data

The historical data trend for Elanor Commercial Property Fund'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.

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Elanor Commercial Property Fund ROCE % Chart

Elanor Commercial Property Fund Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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0.49

9.01

10.09

-5.39

-4.05

Elanor Commercial Property Fund Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial						-2.12	-8.58	-0.70	-6.79	3.28

Elanor Commercial Property Fund ROCE % Calculation

Elanor Commercial Property Fund's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-16.631	/	( ( (524.757 - 94.995)	+	(477.133 - 84.832) )	/ 2 )
	=	-16.631	/	( (429.762	+	392.301)	/ 2 )
	=	-16.631	/	411.0315
	=	-4.05 %

Elanor Commercial Property Fund's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	14.602	/	( ( (477.133 - 84.832)	+	(512.955 - 14.14) )	/ 2 )
	=	14.602	/	( ( 392.301	+	498.815 )	/ 2 )
	=	14.602	/	445.558
	=	3.28 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Elanor Commercial Property Fund (ASX:ECF) 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.

Elanor Commercial Property Fund ROCE % Related Terms

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Elanor Commercial Property Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Elanor Commercial Property Fund (ASX:ECF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

259 George Street, Level 38, Sydney, NSW, AUS, 2000

Website

https://www.elanorinvestors.com

Elanor Commercial Property Fund is engaged in the Australian real estate investment and funds management business. The key investment sector focuses are the commercial real estate, retail real estate and the hotels, tourism, and leisure sectors. The only operating business segment, being the investment in commercial properties in Australia. The company derives maximum revenue generated from a diversified portfolio of Government, Multinational and ASX listed tenants.

Elanor Commercial Property Fund Headlines

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