alstria office REIT-AG (LTS:0O9Q) ROCE % : 3.65% (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is alstria office REIT-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. alstria office REIT-AG's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.65%.

alstria office REIT-AG ROCE % Historical Data

The historical data trend for alstria office REIT-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.

* Premium members only.

alstria office REIT-AG ROCE % Chart

alstria office REIT-AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

13.48

4.03

4.67

-0.84

-13.37

alstria office REIT-AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															2.80	2.75	3.22	-62.88	3.65

alstria office REIT-AG ROCE % Calculation

alstria office REIT-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 )
	=	-578.181	/	( ( (5163.774 - 429.96)	+	(4237.518 - 319.191) )	/ 2 )
	=	-578.181	/	( (4733.814	+	3918.327)	/ 2 )
	=	-578.181	/	4326.0705
	=	-13.37 %

alstria office REIT-AG's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	145.864	/	( ( (4237.518 - 319.191)	+	(4311.499 - 229.739) )	/ 2 )
	=	145.864	/	( ( 3918.327	+	4081.76 )	/ 2 )
	=	145.864	/	4000.0435
	=	3.65 %

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

alstria office REIT-AG (LTS:0O9Q) 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.

alstria office REIT-AG ROCE % Related Terms

Thank you for viewing the detailed overview of alstria office REIT-AG's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

alstria office REIT-AG (LTS:0O9Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » alstria office REIT-AG (LTS:0O9Q) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ALSRF:USA AOX:Germany AOX:Germany AOX:Germany AOX:Germany AOX:Austria

Address

Steinstrasse 7, Hamburg, DEU, 20095

Website

https://www.alstria.com

alstria office REIT-AG is a real estate investment trust engaged in the acquisition, management, refurbishment, and sale of office properties throughout Germany. The vast majority of the company's real estate portfolio is dispersed between the German regions of Rhine-Ruhr, Hamburg, Rhine-Main, and Stuttgart. The company derives nearly all of its revenue in the form of rental income from the leasing of its properties. alstria's largest tenants in terms of annual rental revenue include a variety of local government, automotive, telecommunications, and insurance entities. it focuses on a small number of large tenants that account for the majority of its rental income.

alstria office REIT-AG (LTS:0O9Q) Headlines

No Headlines