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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. Granite Real Estate Investment Trust's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.57%.
Granite Real Estate Investment Trust (FRA:4I70) 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.
Granite Real Estate Investment Trust ROCE % Related Terms
Granite Real Estate Investment Trust ROCE % 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.
(1) Note:
The EBIT data used here is four times the quarterly (Mar. 2026) 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.
Granite Real Estate Investment Trust (FRA:4I70) has a ROCE % of 5.57% as of Mar. 2026.
Is Granite Real Estate Investment Trust's ROCE % too high?
Granite Real Estate Investment Trust's current ROCE % is 5.57%. The REITs industry median ROCE % is 5.06. Granite Real Estate Investment Trust's value of 5.57% is 10.2% above this industry median. Overall, Granite Real Estate Investment Trust has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Granite Real Estate Investment Trust's ROCE % compare to PLD and PSA?
Granite Real Estate Investment Trust's ROCE % of 5.57% can be compared against companies in the REITs industry. The industry median ROCE % is 5.06. Granite Real Estate Investment Trust's value of 5.57% is 10.2% 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 ROCE % for a REITs company?
The median ROCE % among REITs companies is 5.06, based on 748 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. Granite Real Estate Investment Trust's current ROCE % of 5.57% is 10.2% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median ROCE % is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Granite Real Estate Investment Trust's current ROCE % is 5.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite Real Estate Investment Trust stock overvalued right now?
Granite Real Estate Investment Trust (FRA:4I70) has a current ROCE % of 5.57%. The stock's GF Value™ is €56.20, compared to a current price of €60.67 — trading 8% above its estimated fair value. The current ROCE % is 5.57% and 10.2% above the REITs industry median of 5.06. Granite Real Estate Investment Trust's overall GF Score™ is 76/100 with 6 warning signs to review. 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 Granite Real Estate Investment Trust (FRA:4I70), the current ROCE % is 5.57% 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 Granite Real Estate Investment Trust (FRA:4I70) Overvalued in 2026?
Based on GuruFocus' analysis, Granite Real Estate Investment Trust stock appears to be overvalued.
The current stock price of €60.67 is trading 8% above its estimated GF Value™ of €56.20.
Key valuation signals for FRA:4I70:
ROCE %: 5.57%
GF Value™: €56.20 vs. price of €60.67 (8% above fair value)
No single metric tells the full story. See the FRA:4I70 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Granite Real Estate Investment Trust Business Description
Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, ownership, and management of logistics, warehouse, and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse, logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings, split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.
76GF Score
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