Starlight US Residential Fund (Multi-Family) Investment LP (TSXV:SURF.UN) ROCE %: -62.46% (As of Mar. 2026)

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What is Starlight US Residential Fund (Multi-Family) Investment LP ROCE %?

Starlight US Residential Fund (Multi-Family) Investment LP TSXV:SURF.UN -12.50% ROCE % is -62.46% as of Mar. 2026. The stock has 5 warning signs investors should review.

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. Starlight US Residential Fund (Multi-Family) Investment LP's annualized ROCE % for the quarter that ended in Mar. 2026 was -62.46%.

Starlight US Residential Fund (Multi-Family) Investment LP  (TSXV:SURF.UN) 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.

Starlight US Residential Fund (Multi-Family) Investment LP ROCE % Related Terms

Starlight US Residential Fund (Multi-Family) Investment LP ROCE % Historical Data

* Premium members only.

The historical data trend for Starlight US Residential Fund (Multi-Family) Investment LP'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.

Starlight US Residential Fund (Multi-Family) Investment LP ROCE % Chart

Starlight US Residential Fund (Multi-Family) Investment LP Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
0.03 -1.08 -13.61 -6.73 -5.49

Starlight US Residential Fund (Multi-Family) Investment LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -22.70 -18.03 26.47 16.30 -62.46

Starlight US Residential Fund (Multi-Family) Investment LP ROCE % Calculation

Starlight US Residential Fund (Multi-Family) Investment LP's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-20.152/( ( (749.317 - 139.075) + (376.959 - 252.875) )/ 2 )
=-20.152/( (610.242+124.084)/ 2 )
=-20.152/367.163
=-5.49 %

Starlight US Residential Fund (Multi-Family) Investment LP's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-70.02/( ( (376.959 - 252.875) + (353.387 - 253.275) )/ 2 )
=-70.02/( ( 124.084 + 100.112 )/ 2 )
=-70.02/112.098
=-62.46 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) 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 -62.46% mean?
Starlight US Residential Fund (Multi-Family) Investment LP (TSXV:SURF.UN) has a ROCE % of -62.46% as of Mar. 2026.
Is Starlight US Residential Fund (Multi-Family) Investment LP's ROCE % too high?
Starlight US Residential Fund (Multi-Family) Investment LP's current ROCE % is -62.46%.
How does Starlight US Residential Fund (Multi-Family) Investment LP's ROCE % compare to AVB and EQR?
Starlight US Residential Fund (Multi-Family) Investment LP's ROCE % of -62.46% can be compared against companies in the REITs industry. The industry median ROCE % is 5.16. 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 5.16, based on 736 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 5.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starlight US Residential Fund (Multi-Family) Investment LP's current ROCE % is -62.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starlight US Residential Fund (Multi-Family) Investment LP stock overvalued right now?
Starlight US Residential Fund (Multi-Family) Investment LP (TSXV:SURF.UN) has a current ROCE % of -62.46%. The current ROCE % is -62.46%. 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 Starlight US Residential Fund (Multi-Family) Investment LP (TSXV:SURF.UN), the current ROCE % is -62.46% as of Mar. 2026. 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.

Starlight US Residential Fund (Multi-Family) Investment LP Business Description

Industry Real EstateREITs
Address 3280 Bloor Street West, Suite 1400, Centre Tower, Toronto, ON, CAN, M8X 2X3
Starlight US Residential Fund (Multi-Family) Investment LP is a "closed-end" trust. It operates as a real estate investment and asset management company that acquires, owns, and operates a portfolio of multifamily properties and single-family rental homes. The company evaluates properties based on pricing and local supply-and-demand conditions in relation to the fund's stated performance targets. Its portfolio includes properties located in Arizona, Florida, and North Carolina.