Garda Property Group (ASX:GDF) ROCE % : -2.45% (As of Dec. 2024)

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What is Garda Property Group 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. Garda Property Group's annualized ROCE % for the quarter that ended in Dec. 2024 was -2.45%.

Garda Property Group ROCE % Historical Data

The historical data trend for Garda Property Group'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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Garda Property Group ROCE % Chart

Garda Property Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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2.31

7.98

24.09

0.23

-6.02

Garda Property Group Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial														0.84	-0.42	-9.87	-1.75	-2.45

Garda Property Group ROCE % Calculation

Garda Property Group'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 )
	=	-35.943	/	( ( (642.993 - 9.464)	+	(565.604 - 5.793) )	/ 2 )
	=	-35.943	/	( (633.529	+	559.811)	/ 2 )
	=	-35.943	/	596.67
	=	-6.02 %

Garda Property Group'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 )
	=	-13.754	/	( ( (565.604 - 5.793)	+	(567.287 - 6.22) )	/ 2 )
	=	-13.754	/	( ( 559.811	+	561.067 )	/ 2 )
	=	-13.754	/	560.439
	=	-2.45 %

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

Garda Property Group (ASX:GDF) 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.

Garda Property Group ROCE % Related Terms

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Garda Property Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Garda Property Group (ASX:GDF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Creek Street, Level 21, Brisbane, QLD, AUS, 4000

Website

https://www.gardaproperty.com.au

Garda Property Group invests in commercial and industrial properties and other assets by the provisions of Its constitution. The company's operating segment includes Direct investment, Debt investment, and Funds management. It generates maximum revenue from the Direct investment segment in the form of rental income. The Direct investment segment includes investment in Australian commercial and industrial property.

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