Gavari Properties Socimi (XMAD:YGAV) ROCE % : 0.14% (As of Dec. 2023)

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What is Gavari Properties 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. Gavari Properties Socimi's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.14%.

Gavari Properties Socimi ROCE % Historical Data

The historical data trend for Gavari Properties 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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Gavari Properties Socimi ROCE % Chart

Gavari Properties Socimi Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-0.89

-1.41

1.57

-0.01

4.71

Gavari Properties Socimi Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial				1.56	1.51	-1.18	9.27	0.14

Gavari Properties Socimi ROCE % Calculation

Gavari Properties 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 )
	=	1.743	/	( ( (35.976 - 0.516)	+	(39.204 - 0.619) )	/ 2 )
	=	1.743	/	( (35.46	+	38.585)	/ 2 )
	=	1.743	/	37.0225
	=	4.71 %

Gavari Properties 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 )
	=	0.054	/	( ( (39.784 - 1.168)	+	(39.204 - 0.619) )	/ 2 )
	=	0.054	/	( ( 38.616	+	38.585 )	/ 2 )
	=	0.054	/	38.6005
	=	0.14 %

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

Gavari Properties Socimi (XMAD:YGAV) 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.

Gavari Properties Socimi ROCE % Related Terms

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Gavari Properties Socimi (XMAD:YGAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Gavari Properties Socimi SA (XMAD:YGAV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

C/ Castello 128, Madrid, ESP, 28006

Website

https://www.gavariproperties.com

Gavari Properties Socimi SA is focused on residential rental in high yield areas of Madrid and Malaga through the acquisition of buildings and subsequent exploitation with a strong vocation aimed at creating value. Further, it is focused on high-profit traditional residential rental projects together with university Coliving.

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