MRGIF (Mori Trust Reit) ROCE %: 3.74% (As of Feb. 2024)


MRGIF Mori Trust Reit Inc MRGIF
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What is Mori Trust Reit ROCE %?

Mori Trust Reit MRGIF 12 ROCE % is 3.74% as of Feb. 2024. GuruFocus rates MRGIF with a GF Score™ of 12/100.

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. Mori Trust Reit's annualized ROCE % for the quarter that ended in Feb. 2024 was 3.74%.

Mori Trust Reit  (OTCPK:MRGIF) 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.

Mori Trust Reit ROCE % Related Terms

Mori Trust Reit ROCE % Historical Data

* Premium members only.

The historical data trend for Mori Trust Reit'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.

Mori Trust Reit ROCE % Chart

Mori Trust Reit Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.57 3.69 3.82 3.76 2.53

Mori Trust Reit Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Aug23 Feb24 Aug24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.38 2.12 4.02 3.74 3.68
MRGIF
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Mori Trust Reit Inc MRGIF
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Mori Trust Reit ROCE % Calculation

Mori Trust Reit's annualized ROCE % for the fiscal year that ended in Sep. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2022 )  (A: Sep. 2021 )(A: Sep. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2022 )  (A: Sep. 2021 )(A: Sep. 2022 )
=58.97/( ( (2980.08 - 385.551) + (2274.563 - 208.32) )/ 2 )
=58.97/( (2594.529+2066.243)/ 2 )
=58.97/2330.386
=2.53 %

Mori Trust Reit's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2024 )  (Q: Aug. 2023 )(Q: Feb. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2024 )  (Q: Aug. 2023 )(Q: Feb. 2024 )
=105.818/( ( (3268.338 - 401.8) + (3183.935 - 391.961) )/ 2 )
=105.818/( ( 2866.538 + 2791.974 )/ 2 )
=105.818/2829.256
=3.74 %

(1) Note: The EBIT data used here is two times the semi-annual (Feb. 2024) 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 3.74% mean?
Mori Trust Reit (MRGIF) has a ROCE % of 3.74% as of Feb. 2024.
Is Mori Trust Reit's ROCE % too high?
Mori Trust Reit's current ROCE % is 3.74%. The REITs industry median ROCE % is 5.21. Mori Trust Reit's value of 3.74% is 28.2% below this industry median. Overall, Mori Trust Reit has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mori Trust Reit's ROCE % compare to ARE and BXP?
Mori Trust Reit's ROCE % of 3.74% can be compared against companies in the REITs industry. The industry median ROCE % is 5.21. Mori Trust Reit's value of 3.74% is 28.2% below 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 5.21, based on 757 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. Mori Trust Reit's current ROCE % of 3.74% is 28.2% below 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 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mori Trust Reit's current ROCE % is 3.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mori Trust Reit stock overvalued right now?
Mori Trust Reit (MRGIF) has a current ROCE % of 3.74%. The current ROCE % is 3.74% and 28.2% below the REITs industry median of 5.21. Mori Trust Reit's overall GF Score™ is 12/100. 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 Mori Trust Reit (MRGIF), the current ROCE % is 3.74% as of Feb. 2024. 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.

Mori Trust Reit Business Description

Industry Real EstateREITs
Address 3-1 Toranomon 4-chome, Minato-ku, Tokyo, JPN
Mori Trust Reit Inc is a real estate investment trust company. Its objective is to achieve sustainable growth and stable earnings from mid- to long-term perspectives. It invests in office buildings, commercial facilities, housings, and hotels. The company owns more than 10 properties in and around Central Tokyo and others. The company generates its revenue from its leasing business.
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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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