IRSA Propiedades Comerciales (BUE:IRCP) ROIC %: 2.75% (As of Sep. 2021)


BUE:IRCP IRSA Propiedades Comerciales SA BUE:IRCP
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What is IRSA Propiedades Comerciales ROIC %?

IRSA Propiedades Comerciales BUE:IRCP 5 ROIC % is 2.75% as of Sep. 2021. GuruFocus rates BUE:IRCP with a GF Score™ of 5/100.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. IRSA Propiedades Comerciales's annualized return on invested capital (ROIC %) for the quarter that ended in Sep. 2021 was 2.75%.

As of today (2026-06-30), IRSA Propiedades Comerciales's WACC % is 0.00%. IRSA Propiedades Comerciales's ROIC % is 0.00% (calculated using TTM income statement data). IRSA Propiedades Comerciales earns returns that do not match up to its cost of capital. It will destroy value as it grows.


IRSA Propiedades Comerciales  (BUE:IRCP) 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, IRSA Propiedades Comerciales's WACC % is 0.00%. IRSA Propiedades Comerciales's ROIC % is 0.00% (calculated using TTM income statement data). IRSA Propiedades Comerciales earns returns that do not match up to its cost of capital. It will destroy value as it grows.


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.


IRSA Propiedades Comerciales ROIC % Related Terms


IRSA Propiedades Comerciales ROIC % Historical Data

* Premium members only.

The historical data trend for IRSA Propiedades Comerciales'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.

IRSA Propiedades Comerciales ROIC % Chart

IRSA Propiedades Comerciales Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.99 12.90 9.98 4.20 1.80

IRSA Propiedades Comerciales Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.52 2.19 2.68 2.42 2.75

BUE:IRCP vs TCI, QK, NEN: ROIC % Comparison

For the Real Estate Services subindustry, IRSA Propiedades Comerciales'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.


IRSA Propiedades Comerciales ROIC % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, IRSA Propiedades Comerciales's ROIC % distribution charts can be found below:

* The bar in red indicates where IRSA Propiedades Comerciales's ROIC % falls into.


BUE:IRCP
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IRSA Propiedades Comerciales SA BUE:IRCP
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IRSA Propiedades Comerciales ROIC % Calculation

IRSA Propiedades Comerciales's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Jun. 2021 is calculated as:

ROIC % (A: Jun. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jun. 2020 ) + Invested Capital (A: Jun. 2021 ))/ count )
=3396 * ( 1 - 0% )/( (213935 + 163589)/ 2 )
=3396/188762
=1.80 %

where

IRSA Propiedades Comerciales's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Sep. 2021 is calculated as:

ROIC % (Q: Sep. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2021 ) + Invested Capital (Q: Sep. 2021 ))/ count )
=7244 * ( 1 - 36.7% )/( (163589 + 170415)/ 2 )
=4585.452/167002
=2.75 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2021) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 2.75% mean?
IRSA Propiedades Comerciales (BUE:IRCP) has a ROIC % of 2.75% as of Sep. 2021. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on IRSA Propiedades Comerciales and its competitors.
Is IRSA Propiedades Comerciales' ROIC % too high?
IRSA Propiedades Comerciales' current ROIC % is 2.75%. The Real Estate industry median ROIC % is 2.19. IRSA Propiedades Comerciales' value of 2.75% is 25.6% above this industry median. Overall, IRSA Propiedades Comerciales has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does IRSA Propiedades Comerciales' ROIC % compare to TCI and QK?
IRSA Propiedades Comerciales' ROIC % of 2.75% can be compared against companies in the Real Estate industry. The industry median ROIC % is 2.19. IRSA Propiedades Comerciales' value of 2.75% is 25.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Real Estate company?
The median ROIC % among Real Estate companies is 2.19, based on 1,760 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IRSA Propiedades Comerciales's current ROIC % of 2.75% is 25.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on IRSA Propiedades Comerciales and its competitors. For the Real Estate industry, the median ROIC % is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRSA Propiedades Comerciales's current ROIC % is 2.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRSA Propiedades Comerciales stock overvalued right now?
IRSA Propiedades Comerciales (BUE:IRCP) has a current ROIC % of 2.75%. The current ROIC % is 2.75% and 25.6% above the Real Estate industry median of 2.19. IRSA Propiedades Comerciales' overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For IRSA Propiedades Comerciales (BUE:IRCP), the current ROIC % is 2.75% as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

IRSA Propiedades Comerciales Business Description

Address Moreno 877, 22nd Floor, Ciudad Autonoma de Buenos Aires, Buenos Aires, ARG, C1091AAQ
IRSA Propiedades Comerciales SA is engaged in the ownership, lease, management, development, operation, and purchase of shopping centers. Its primarily owns, purchases, develops, leases, manages and operates shopping centers. Its business segments include Shopping Malls, Offices, Sales and Developments, and Others. The Shopping Malls segment is a key revenue driver, is engaged in the operation and development of shopping malls. Offices and Others segment consists of leasing of properties and other rental properties and services related to them. Its Sales and Development segment covers sales of undeveloped parcels of land and properties and activities relating to property maintenance.
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