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POLIS Immobilien AG (XTER:PQL) ROCE % : 9.64% (As of Jun. 2015)


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What is POLIS Immobilien 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. POLIS Immobilien AG's annualized ROCE % for the quarter that ended in Jun. 2015 was 9.64%.


POLIS Immobilien AG ROCE % Historical Data

The historical data trend for POLIS Immobilien 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.

POLIS Immobilien AG ROCE % Chart

POLIS Immobilien AG Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
ROCE %
Get a 7-Day Free Trial Premium Member Only 2.48 3.16 0.89 3.20 3.32

POLIS Immobilien AG Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 4.67 5.01 -1.44 6.63 9.64

POLIS Immobilien AG ROCE % Calculation

POLIS Immobilien AG's annualized ROCE % for the fiscal year that ended in Dec. 2014 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=10.262/( ( (333.884 - 14.945) + (334.075 - 35.63) )/ 2 )
=10.262/( (318.939+298.445)/ 2 )
=10.262/308.692
=3.32 %

POLIS Immobilien AG's ROCE % of for the quarter that ended in Jun. 2015 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2015 )  (Q: Mar. 2015 )(Q: Jun. 2015 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2015 )  (Q: Mar. 2015 )(Q: Jun. 2015 )
=31.524/( ( (335.201 - 11.08) + (342.325 - 12.352) )/ 2 )
=31.524/( ( 324.121 + 329.973 )/ 2 )
=31.524/327.047
=9.64 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2015) 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.


POLIS Immobilien AG  (XTER:PQL) 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.


POLIS Immobilien AG ROCE % Related Terms

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POLIS Immobilien AG (XTER:PQL) Business Description

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POLIS Immobilien AG was founded in Berlin in 1998. It is a real estate company that buys, refurbishes and manages office properties throughout Germany for its own portfolio. Principal business processes of POLIS involve letting office, retail and residential properties, buying and selling properties, and investing in order to increase the value of its real estate holdings. It also provides asset management services for third parties.

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