Australand Property Group (FRA:PQP1) ROCE % : 10.81% (As of Jun. 2014)

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What is Australand 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. Australand Property Group's annualized ROCE % for the quarter that ended in Jun. 2014 was 10.81%.

Australand Property Group ROCE % Historical Data

The historical data trend for Australand 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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Australand Property Group ROCE % Chart

Australand Property Group Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

ROCE %

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-8.41

8.58

7.30

7.60

5.45

Australand Property Group Semi-Annual Data
	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14
ROCE %	Get a 7-Day Free Trial															7.75	7.18	6.19	4.85	10.81

Australand Property Group ROCE % Calculation

Australand Property Group's annualized ROCE % for the fiscal year that ended in Dec. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2013 )		(A: Dec. 2012 )		(A: Dec. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2013 )		(A: Dec. 2012 )		(A: Dec. 2013 )
	=	138.047	/	( ( (3175.175 - 271.512)	+	(2497.27 - 339.025) )	/ 2 )
	=	138.047	/	( (2903.663	+	2158.245)	/ 2 )
	=	138.047	/	2530.954
	=	5.45 %

Australand Property Group's ROCE % of for the quarter that ended in Jun. 2014 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2014 )		(Q: Dec. 2013 )		(Q: Jun. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2014 )		(Q: Dec. 2013 )		(Q: Jun. 2014 )
	=	247.706	/	( ( (2497.27 - 339.025)	+	(2854.836 - 429.138) )	/ 2 )
	=	247.706	/	( ( 2158.245	+	2425.698 )	/ 2 )
	=	247.706	/	2291.9715
	=	10.81 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2014) EBIT data.

Australand Property Group (FRA:PQP1) 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.

Australand Property Group ROCE % Related Terms

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Australand Property Group (FRA:PQP1) Business Description

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Address

Website

http://www.australand.com.au

Australand Property Group is a stapled security comprising a unit in three trusts and a share in the management company. It owns, develops, and manages industrial, residential and investment property. Activities include development of residential land, housing and apartments, development of and investment in income producing commercial and industrial properties, and property management.

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