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Fundo De Investimento Imobiliario Mint Educacional (BSP:MINT11) ROIC % : 9.12% (As of Jun. 2024)


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What is Fundo De Investimento Imobiliario Mint Educacional 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 %. Fundo De Investimento Imobiliario Mint Educacional's annualized return on invested capital (ROIC %) for the quarter that ended in Jun. 2024 was 9.12%.

As of today (2024-12-11), Fundo De Investimento Imobiliario Mint Educacional's WACC % is 10.33%. Fundo De Investimento Imobiliario Mint Educacional's ROIC % is 9.12% (calculated using TTM income statement data). Fundo De Investimento Imobiliario Mint Educacional earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Fundo De Investimento Imobiliario Mint Educacional ROIC % Historical Data

The historical data trend for Fundo De Investimento Imobiliario Mint Educacional'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.

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Fundo De Investimento Imobiliario Mint Educacional ROIC % Chart

Fundo De Investimento Imobiliario Mint Educacional Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
ROIC %
2.07 9.54 6.22 7.43 9.12

Fundo De Investimento Imobiliario Mint Educacional Semi-Annual Data
Jun20 Jun21 Jun22 Jun23 Jun24
ROIC % 2.07 9.54 6.22 7.43 9.12

Competitive Comparison of Fundo De Investimento Imobiliario Mint Educacional's ROIC %

For the REIT - Diversified subindustry, Fundo De Investimento Imobiliario Mint Educacional'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.


Fundo De Investimento Imobiliario Mint Educacional's ROIC % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fundo De Investimento Imobiliario Mint Educacional's ROIC % distribution charts can be found below:

* The bar in red indicates where Fundo De Investimento Imobiliario Mint Educacional's ROIC % falls into.



Fundo De Investimento Imobiliario Mint Educacional ROIC % Calculation

Fundo De Investimento Imobiliario Mint Educacional's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Jun. 2024 is calculated as:

ROIC % (A: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jun. 2023 ) + Invested Capital (A: Jun. 2024 ))/ count )
=11.037 * ( 1 - 0% )/( (121.574 + 120.339)/ 2 )
=11.037/120.9565
=9.12 %

where

Fundo De Investimento Imobiliario Mint Educacional's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Jun. 2024 is calculated as:

ROIC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=11.037 * ( 1 - 0% )/( (121.574 + 120.339)/ 2 )
=11.037/120.9565
=9.12 %

where

Note: The Operating Income data used here is one times the annual (Jun. 2024) 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.


Fundo De Investimento Imobiliario Mint Educacional  (BSP:MINT11) 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, Fundo De Investimento Imobiliario Mint Educacional's WACC % is 10.33%. Fundo De Investimento Imobiliario Mint Educacional's ROIC % is 9.12% (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.


Fundo De Investimento Imobiliario Mint Educacional ROIC % Related Terms

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Fundo De Investimento Imobiliario Mint Educacional Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Rua Atilio Innocenti, 165, Conj 6-104, Itaim Bibi, Sao Paulo, SP, BRA, 04542-000
Fundo De Investimento Imobiliario Mint Educacional aims to obtain income and capital gains through the acquisition of properties in the education sector.

Fundo De Investimento Imobiliario Mint Educacional Headlines

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