AREIT Prop (JSE:APO) ROCE %: -7.22% (As of Dec. 2022)


JSE:APO AREIT Prop Ltd JSE:APO
20 GF Score
Price R2.99
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What is AREIT Prop ROCE %?

AREIT Prop JSE:APO 20 ROCE % is -7.22% as of Dec. 2022. GuruFocus rates JSE:APO with a GF Score™ of 20/100.

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. AREIT Prop's annualized ROCE % for the quarter that ended in Dec. 2022 was -7.22%.

AREIT Prop  (JSE:APO) 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.

AREIT Prop ROCE % Related Terms

AREIT Prop ROCE % Historical Data

* Premium members only.

The historical data trend for AREIT Prop'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.

AREIT Prop ROCE % Chart

AREIT Prop Annual Data
Trend Dec21 Dec22
ROCE %
0.00 4.31

AREIT Prop Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22
ROCE % 0.00 7.39 6.37 10.44 -7.22
JSE:APO
20GF Score
AREIT Prop Ltd JSE:APO
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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AREIT Prop ROCE % Calculation

AREIT Prop's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=39.599/( ( (913.918 - 0) + (923.955 - 0.433) )/ 2 )
=39.599/( (913.918+923.522)/ 2 )
=39.599/918.72
=4.31 %

AREIT Prop's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=-67.68/( ( (950.717 - 0.54) + (923.955 - 0.433) )/ 2 )
=-67.68/( ( 950.177 + 923.522 )/ 2 )
=-67.68/936.8495
=-7.22 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2022) 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 -7.22% mean?
AREIT Prop (JSE:APO) has a ROCE % of -7.22% as of Dec. 2022.
Is AREIT Prop's ROCE % too high?
AREIT Prop's current ROCE % is -7.22%. Overall, AREIT Prop has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does AREIT Prop's ROCE % compare to VICI and WPC?
AREIT Prop's ROCE % of -7.22% 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. AREIT Prop's current ROCE % is -7.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AREIT Prop stock overvalued right now?
AREIT Prop (JSE:APO) has a current ROCE % of -7.22%. The current ROCE % is -7.22%. AREIT Prop's overall GF Score™ is 20/100. 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 AREIT Prop (JSE:APO), the current ROCE % is -7.22% as of Dec. 2022. 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.

AREIT Prop Business Description

Industry Real EstateREITs
Address South street, 5 Provident, Parow, Cape Town, ZAF
AREIT Prop Ltd is Investing in leasehold rights to earn fixed rentals. Its reportable operating segments are Cresta Grande Hotel, Fountains Hotel, Lady Hamilton property, and Head office.
20GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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