MPCMF (Mapletree Pan Asia Commercial Trust) ROIC %: 2.12% (As of Mar. 2026)


MPCMF Mapletree Pan Asia Commercial Trust MPCMF
76 GF Score
Price $1.00
GF Value $0.95
! 7 Warning Signs
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What is Mapletree Pan Asia Commercial Trust ROIC %?

Mapletree Pan Asia Commercial Trust MPCMF 76 ROIC % is 2.12% as of Mar. 2026. GuruFocus rates MPCMF with a GF Score™ of 76/100 and a GF Value™ of $0.95. The stock has 7 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Mapletree Pan Asia Commercial Trust's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 2.12%.

As of today (2026-06-28), Mapletree Pan Asia Commercial Trust's WACC % is 7.34%. Mapletree Pan Asia Commercial Trust's ROIC % is 3.79% (calculated using TTM income statement data). Mapletree Pan Asia Commercial Trust earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Mapletree Pan Asia Commercial Trust  (OTCPK:MPCMF) 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, Mapletree Pan Asia Commercial Trust's WACC % is 7.34%. Mapletree Pan Asia Commercial Trust's ROIC % is 3.79% (calculated using TTM income statement data). Mapletree Pan Asia Commercial Trust 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.


Mapletree Pan Asia Commercial Trust ROIC % Related Terms


Mapletree Pan Asia Commercial Trust ROIC % Historical Data

* Premium members only.

The historical data trend for Mapletree Pan Asia Commercial Trust'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.

Mapletree Pan Asia Commercial Trust ROIC % Chart

Mapletree Pan Asia Commercial Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.80 4.35 3.72 3.72 3.84

Mapletree Pan Asia Commercial Trust Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.81 3.66 3.58 3.72 2.12

MPCMF vs BXP, ARE, VNO: ROIC % Comparison

For the REIT - Office subindustry, Mapletree Pan Asia Commercial Trust'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.


Mapletree Pan Asia Commercial Trust ROIC % vs REITs Industry

For the REITs industry and Real Estate sector, Mapletree Pan Asia Commercial Trust's ROIC % distribution charts can be found below:

* The bar in red indicates where Mapletree Pan Asia Commercial Trust's ROIC % falls into.


MPCMF
76GF Score
Mapletree Pan Asia Commercial Trust MPCMF
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mapletree Pan Asia Commercial Trust ROIC % Calculation

Mapletree Pan Asia Commercial Trust's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=472.105 * ( 1 - 0% )/( (12344.945 + 12244.063)/ 2 )
=472.105/12294.504
=3.84 %

where

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=12085.66 - 101.333 - ( 128.328 - max(0, 512.53 - 151.912+128.328))
=12344.945

Invested Capital(A: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=12054.469 - 160.64 - ( 128.339 - max(0, 573.751 - 223.517+128.339))
=12244.063

Mapletree Pan Asia Commercial Trust's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=459.148 * ( 1 - 43.27% )/( (12334.647 + 12244.063)/ 2 )
=260.4746604/12289.355
=2.12 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=12304.515 - 182.303 - ( 125.103 - max(0, 430.702 - 218.267+125.103))
=12334.647

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=12054.469 - 160.64 - ( 128.339 - max(0, 573.751 - 223.517+128.339))
=12244.063

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) 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 2.12% mean?
Mapletree Pan Asia Commercial Trust (MPCMF) has a ROIC % of 2.12% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Mapletree Pan Asia Commercial Trust and its competitors.
Is Mapletree Pan Asia Commercial Trust's ROIC % too high?
Mapletree Pan Asia Commercial Trust's current ROIC % is 2.12%. The REITs industry median ROIC % is 3.74. Mapletree Pan Asia Commercial Trust's value of 2.12% is 43.3% below this industry median. Overall, Mapletree Pan Asia Commercial Trust has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Mapletree Pan Asia Commercial Trust's ROIC % compare to BXP and ARE?
Mapletree Pan Asia Commercial Trust's ROIC % of 2.12% can be compared against companies in the REITs industry. The industry median ROIC % is 3.74. Mapletree Pan Asia Commercial Trust's value of 2.12% is 43.3% below 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 REITs company?
The median ROIC % among REITs companies is 3.74, based on 749 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. Mapletree Pan Asia Commercial Trust's current ROIC % of 2.12% is 43.3% below 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 Mapletree Pan Asia Commercial Trust and its competitors. For the REITs industry, the median ROIC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mapletree Pan Asia Commercial Trust's current ROIC % is 2.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mapletree Pan Asia Commercial Trust stock overvalued right now?
Mapletree Pan Asia Commercial Trust (MPCMF) has a current ROIC % of 2.12%. The stock's GF Value™ is $0.95, compared to a current price of $1.00 — trading 5.1% above its estimated fair value. The current ROIC % is 2.12% and 43.3% below the REITs industry median of 3.74. Mapletree Pan Asia Commercial Trust's overall GF Score™ is 76/100 with 7 warning signs to review. 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 Mapletree Pan Asia Commercial Trust (MPCMF), the current ROIC % is 2.12% as of Mar. 2026. 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.

Is Mapletree Pan Asia Commercial Trust (MPCMF) Overvalued in 2026?

Based on GuruFocus' analysis, Mapletree Pan Asia Commercial Trust stock appears to be overvalued. The current stock price of $1.00 is trading 5.1% above its estimated GF Value™ of $0.95.

Key valuation signals for MPCMF:

  • ROIC %: 2.12%
  • GF Value™: $0.95 vs. price of $1.00 (5.1% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 43.3% below the REITs median

No single metric tells the full story. See the MPCMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mapletree Pan Asia Commercial Trust Business Description

Industry Real EstateREITs
Other Exchanges N2IU:SingaporeBI0:Germany
Address 10-80 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Pan Asia Commercial Trust was established in July 2022 as a result of the merger between Mapletree Commercial Trust and Mapletree North Asia Commercial Trust. The trust has a diversified portfolio of 15 properties, which includes business parks, offices and retail malls across Singapore, Hong Kong, China, Japan, and South Korea. The trust is externally managed by MPACT Management, a subsidiary of its sponsor, which owns around a 57% stake in the trust.
76GF Score

Get the complete analysis for MPCMF

ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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Price
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GF Value