Ktesios Real Estate SOCIMI (XLIS:MLKTS) ROCE % : -0.13% (As of Dec. 2023)

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What is Ktesios Real Estate SOCIMI 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. Ktesios Real Estate SOCIMI's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.13%.

Ktesios Real Estate SOCIMI ROCE % Historical Data

The historical data trend for Ktesios Real Estate SOCIMI'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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Ktesios Real Estate SOCIMI ROCE % Chart

Ktesios Real Estate SOCIMI Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-2.00

-8.75

0.07

-1.07

0.41

Ktesios Real Estate SOCIMI Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial				0.20	-1.98	-0.27	1.05	-0.13

Ktesios Real Estate SOCIMI ROCE % Calculation

Ktesios Real Estate SOCIMI'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 )
	=	0.106	/	( ( (20.855 - 1.322)	+	(34.67 - 2.92) )	/ 2 )
	=	0.106	/	( (19.533	+	31.75)	/ 2 )
	=	0.106	/	25.6415
	=	0.41 %

Ktesios Real Estate SOCIMI's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-0.04	/	( ( (35.554 - 7.384)	+	(34.67 - 2.92) )	/ 2 )
	=	-0.04	/	( ( 28.17	+	31.75 )	/ 2 )
	=	-0.04	/	29.96
	=	-0.13 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Ktesios Real Estate SOCIMI (XLIS:MLKTS) 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.

Ktesios Real Estate SOCIMI ROCE % Related Terms

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Ktesios Real Estate SOCIMI (XLIS:MLKTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ktesios Real Estate SOCIMI SA (XLIS:MLKTS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle Sagasta Street 15, 7th Floor Left, Madrid, ESP, 28004

Website

https://www.ktesios-socimi.es

Ktesios Real Estate SOCIMI SA is a classic real estate company, specializing in investing at discounted prices in residential assets for long-term rent, located in small municipalities in Spain and Portugal with a favorable economic environment. It aims to professionalize the sector by investing in such locations and by offering quality housing at affordable rents, offering to all types of investors a sustainable and stable investment.

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