Amrep (AXR) ROCE % : 16.62% (As of Jul. 2024)

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What is Amrep 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. Amrep's annualized ROCE % for the quarter that ended in Jul. 2024 was 16.62%.

Amrep ROCE % Historical Data

The historical data trend for Amrep'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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Amrep ROCE % Chart

Amrep Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

ROCE %

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-8.33

9.71

23.94

5.94

6.64

Amrep Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
ROCE %	Get a 7-Day Free Trial															7.24	3.72	-0.52	16.13	16.62

Amrep ROCE % Calculation

Amrep's annualized ROCE % for the fiscal year that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	7.602	/	( ( (115.895 - 4.851)	+	(122.83 - 4.745) )	/ 2 )
	=	7.602	/	( (111.044	+	118.085)	/ 2 )
	=	7.602	/	114.5645
	=	6.64 %

Amrep's ROCE % of for the quarter that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	19.968	/	( ( (122.83 - 4.745)	+	(127.005 - 4.8) )	/ 2 )
	=	19.968	/	( ( 118.085	+	122.205 )	/ 2 )
	=	19.968	/	120.145
	=	16.62 %

(1) Note: The EBIT data used here is four times the quarterly (Jul. 2024) EBIT data.

Amrep (NYSE:AXR) 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.

Amrep ROCE % Related Terms

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Amrep Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Amrep Corp (NYSE:AXR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

850 West Chester Pike, Suite 205, Havertown, PA, USA, 19083

Website

https://www.amrepcorp.com

Amrep Corp through its subsidiaries is engaged in the Real estate business. Its activities include land sales and lease activities, which involve obtaining approvals and selling both developed and undeveloped lots to homebuilders, commercial users, and others, as well as investments in commercial and investment properties. The Company accounts for land sales, home sales, and other revenues. Its operating segments include Land development and Homebuilding. The firm generates a majority of its revenue from the Land development segment. Geographically, all the activities are carried out throughout the United States.

Executives

James H Dahl	10 percent owner	1200 RIVERPLACE BLVD SUITE 902, 1200 RIVERPLACE BLVD SUITE 902, JACKSONVILLE FL 32207
Adrienne Uleau	officer: VP, Finance & Accounting	1142 MYRTLEWOOD AVE, HAVERTOWN PA 19083
Robert Robotti	director	125 PARK AVENUE, SUITE 1607, NEW YORK NY 10017
Cloues Edward B Ii	director	PENN VIRGINIA CORPORATION, FOUR RADNOR CORP. CTR., SUITE 200, RADNOR PA 19087
Rainey E. Lancaster	10 percent owner	1 APPLE PARK WAY, CUPERTINO CA 95014
Nick G Karabots	director, 10 percent owner
Gate City Capital Management, Llc	10 percent owner	425 S. FINANCIAL PLACE, STE 910A, CHICAGO IL 60605
Theodore J. Gaasche	director	1521 GREEN VALLEY DRIVE, COLLEGEVILLE PA 19426
Heinrich Bauer (usa) Llc	10 percent owner	270 SYLVAN AVE, ENGELWOOD CLIFFS NJ 07632
Mcmonagle James Michael Jr	officer: VP and Chief Financial Officer	620 W. GERMANTOWN PIKE, SUITE 175, PLYMOUTH MEETING PA 19462
Robert E Wisniewski	officer: EVP and CFO	C/O K-TRON INTERNATIONAL, INC., ROUTES 55 & 553, PO BOX 888, PITMAN NJ 08071
Clifford Robert Martin	officer: VP and Chief Financial Officer	AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540
Rory Burke	officer: Pres&CEO, Palm Coast Data, LLC	C/O AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540
Christopher V Vitale	officer: Vice Pres., Gen. Counsel & Sec	AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540
Peter M. Pizza	officer: Vice President and CFO	C/O AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540