GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vicinity Centres (ASX:VCX) » Definitions » 1-Year ROIIC %

Vicinity Centres (ASX:VCX) 1-Year ROIIC % : -13.10% (As of Jun. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Vicinity Centres 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Vicinity Centres's 1-Year ROIIC % for the quarter that ended in Jun. 2024 was -13.10%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Vicinity Centres's 1-Year ROIIC % or its related term are showing as below:

ASX:VCX's 1-Year ROIIC % is ranked worse than
80.48% of 743 companies
in the REITs industry
Industry Median: 1.74 vs ASX:VCX: -13.10

Vicinity Centres 1-Year ROIIC % Historical Data

The historical data trend for Vicinity Centres's 1-Year ROIIC % 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.

Vicinity Centres 1-Year ROIIC % Chart

Vicinity Centres Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.64 -40.94 4.79 79.84 -13.10

Vicinity Centres Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
1-Year ROIIC % 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 4.79 16.44 79.84 -50.80 -13.10

Competitive Comparison of Vicinity Centres's 1-Year ROIIC %

For the REIT - Retail subindustry, Vicinity Centres's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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.


Vicinity Centres's 1-Year ROIIC % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Vicinity Centres's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Vicinity Centres's 1-Year ROIIC % falls into.



Vicinity Centres 1-Year ROIIC % Calculation

Vicinity Centres's 1-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 765.63648 (Jun. 2024) - 800.22129 (Jun. 2023) )/( 15957.5 (Jun. 2024) - 15693.4 (Jun. 2023) )
=-34.58481/264.1
=-13.10%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Vicinity Centres  (ASX:VCX) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Vicinity Centres 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Vicinity Centres's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Vicinity Centres Business Description

Traded in Other Exchanges
N/A
Address
1341 Dandenong Road, Level 4, Chadstone Tower One, Chadstone, Melbourne, VIC, AUS, 3148
Vicinity Centres was created after the merger of Federation Centres and Novion in June 2015, creating one of Australia's largest retail REITs. Its directly and indirectly owned assets have a book value of about AUD 15 billion at the end of June 2024. The assets are skewed to large, high-end shopping centers, with about half in major regional malls, a fifth in subregional, 15% in CBD locations, and about 15% in outlet centers.

Vicinity Centres Headlines

No Headlines