DEMIRE Deutsche Mittelstand Real Estate AG (LTS:0KG2) ROCE % : 1.40% (As of Sep. 2024)

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What is DEMIRE Deutsche Mittelstand Real Estate AG 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. DEMIRE Deutsche Mittelstand Real Estate AG's annualized ROCE % for the quarter that ended in Sep. 2024 was 1.40%.

DEMIRE Deutsche Mittelstand Real Estate AG ROCE % Historical Data

The historical data trend for DEMIRE Deutsche Mittelstand Real Estate AG'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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DEMIRE Deutsche Mittelstand Real Estate AG ROCE % Chart

DEMIRE Deutsche Mittelstand Real Estate AG Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.26

1.62

6.11

-3.44

-15.30

DEMIRE Deutsche Mittelstand Real Estate AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															0.57	-49.61	3.35	-11.82	1.40

DEMIRE Deutsche Mittelstand Real Estate AG ROCE % Calculation

DEMIRE Deutsche Mittelstand Real Estate AG's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-160.312	/	( ( (1536.851 - 54.111)	+	(1327.532 - 714.265) )	/ 2 )
	=	-160.312	/	( (1482.74	+	613.267)	/ 2 )
	=	-160.312	/	1048.0035
	=	-15.30 %

DEMIRE Deutsche Mittelstand Real Estate AG's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	8.236	/	( ( (1263.011 - 670.428)	+	(1174.941 - 594.01) )	/ 2 )
	=	8.236	/	( ( 592.583	+	580.931 )	/ 2 )
	=	8.236	/	586.757
	=	1.40 %

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

DEMIRE Deutsche Mittelstand Real Estate AG (LTS:0KG2) 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.

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DEMIRE Deutsche Mittelstand Real Estate AG Business Description

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DMRE:Germany

Address

Robert-Bosch-Strasse 11, Langen, Frankfurt, DEU, D-63225

Website

https://www.demire.ag

DEMIRE Deutsche Mittelstand Real Estate AG is a Germany-based commercial real estate company. It focuses on German real estate market and is an investor and property holder in the segment for secondary locations where its activities include acquisition management and rental of commercial properties. The company concentrates on office, retail, hotel and logistics, real estate and owns properties in medium-sized cities and locations bordering metropolitan areas across Germany, such as in the Munich, Freiburg, Rostock, Dusseldorf, Bonn, Hamburg, Berlin and Dresden areas. The Company's particular strength lies in realizing the potential of the properties at these locations while focusing on a range of properties that appeals to both regional and international tenants.

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