US Residential Fund (ASX:USR) ROCE %: -8.50% (As of Dec. 2018)


What is US Residential Fund ROCE %?

US Residential Fund ASX:USR ROCE % is -8.50% as of Dec. 2018.

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. US Residential Fund's annualized ROCE % for the quarter that ended in Dec. 2018 was -8.50%.

US Residential Fund  (ASX:USR) 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.

US Residential Fund ROCE % Related Terms

US Residential Fund ROCE % Historical Data

* Premium members only.

The historical data trend for US Residential 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.

US Residential Fund ROCE % Chart

US Residential Fund Annual Data
Trend Dec15 Dec16 Dec18
ROCE %
10.76 -4.74 -11.60

US Residential Fund Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
ROCE % Get a 7-Day Free Trial -15.07 18.81 9.90 -17.52 -8.50

US Residential Fund ROCE % Calculation

US Residential Fund's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2018 )  (A: Dec. 2016 )(A: Dec. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2018 )  (A: Dec. 2016 )(A: Dec. 2018 )
=-1.845/( ( (27.733 - 7.2) + (11.942 - 0.673) )/ 2 )
=-1.845/( (20.533+11.269)/ 2 )
=-1.845/15.901
=-11.60 %

US Residential Fund's ROCE % of for the quarter that ended in Dec. 2018 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2018 )  (Q: Jun. 2018 )(Q: Dec. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2018 )  (Q: Jun. 2018 )(Q: Dec. 2018 )
=-1.098/( ( (14.78 - 0.222) + (11.942 - 0.673) )/ 2 )
=-1.098/( ( 14.558 + 11.269 )/ 2 )
=-1.098/12.9135
=-8.50 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2018) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -8.50% mean?
US Residential Fund (ASX:USR) has a ROCE % of -8.50% as of Dec. 2018.
Is US Residential Fund's ROCE % too high?
US Residential Fund's current ROCE % is -8.50%.
How does US Residential Fund's ROCE % compare to RVEN and SACH?
US Residential Fund's ROCE % of -8.50% can be compared against companies in the REITs industry. The industry median ROCE % is 5.19. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a REITs company?
The median ROCE % among REITs companies is 5.19, based on 756 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median ROCE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. US Residential Fund's current ROCE % is -8.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is US Residential Fund stock overvalued right now?
US Residential Fund (ASX:USR) has a current ROCE % of -8.50%. The current ROCE % is -8.50%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For US Residential Fund (ASX:USR), the current ROCE % is -8.50% as of Dec. 2018. 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.

US Residential Fund Business Description

Industry Real EstateREITs
Address 201 Sussex Street, Level 20, Tower 2, Darling Park, Sydney, NSW, AUS, 2000
US Residential Fund is a real estate investment trust. The group operates in the United States residential property market. The investment objectives of the fund are expanding and diversifying in the United States residential market through direct and indirect property investments, utilizing both debt and equity instruments to facilitate the transactions.