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Cshg Real Estate Fundo Invest Imobiliario (BSP:HGRE11) ROIC % : 4.78% (As of Dec. 2023)


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What is Cshg Real Estate Fundo Invest Imobiliario ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Cshg Real Estate Fundo Invest Imobiliario's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2023 was 4.78%.

As of today (2024-12-14), Cshg Real Estate Fundo Invest Imobiliario's WACC % is 6.47%. Cshg Real Estate Fundo Invest Imobiliario's ROIC % is 4.78% (calculated using TTM income statement data). Cshg Real Estate Fundo Invest Imobiliario earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Cshg Real Estate Fundo Invest Imobiliario ROIC % Historical Data

The historical data trend for Cshg Real Estate Fundo Invest Imobiliario's ROIC % 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.

Cshg Real Estate Fundo Invest Imobiliario ROIC % Chart

Cshg Real Estate Fundo Invest Imobiliario Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 4.44 4.85 3.93 4.78

Cshg Real Estate Fundo Invest Imobiliario Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROIC % 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 4.00 4.44 4.85 3.93 4.78

Competitive Comparison of Cshg Real Estate Fundo Invest Imobiliario's ROIC %

For the REIT - Diversified subindustry, Cshg Real Estate Fundo Invest Imobiliario's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cshg Real Estate Fundo Invest Imobiliario's ROIC % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Cshg Real Estate Fundo Invest Imobiliario's ROIC % distribution charts can be found below:

* The bar in red indicates where Cshg Real Estate Fundo Invest Imobiliario's ROIC % falls into.



Cshg Real Estate Fundo Invest Imobiliario ROIC % Calculation

Cshg Real Estate Fundo Invest Imobiliario's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROIC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2022 ) + Invested Capital (A: Dec. 2023 ))/ count )
=90.112 * ( 1 - 0% )/( (1926.031 + 1841.32)/ 2 )
=90.112/1883.6755
=4.78 %

where

Cshg Real Estate Fundo Invest Imobiliario's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2023 is calculated as:

ROIC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=90.112 * ( 1 - 0% )/( (1926.031 + 1841.32)/ 2 )
=90.112/1883.6755
=4.78 %

where

Note: The Operating Income data used here is one times the annual (Dec. 2023) 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.


Cshg Real Estate Fundo Invest Imobiliario  (BSP:HGRE11) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Cshg Real Estate Fundo Invest Imobiliario's WACC % is 6.47%. Cshg Real Estate Fundo Invest Imobiliario's ROIC % is 4.78% (calculated using TTM income statement data).


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Cshg Real Estate Fundo Invest Imobiliario ROIC % Related Terms

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Cshg Real Estate Fundo Invest Imobiliario Business Description

Traded in Other Exchanges
N/A
Address
Avenida Presidente Juscelino Kubitschek, Tower IV - 7th Floor - Moema, São Paulo, SP, BRA, 04543900
Cshg Real Estate Fundo Invest Imobiliario is engaged in the acquisition of commercial real estate projects for commercial operation.

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