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Westfield Trust (ASX:WFT) 3-Year ROIIC % : 0.00% (As of Dec. 2002)


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What is Westfield Trust 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Westfield Trust's 3-Year ROIIC % for the quarter that ended in Dec. 2002 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Westfield Trust's 3-Year ROIIC % or its related term are showing as below:

ASX:WFT's 3-Year ROIIC % is not ranked *
in the Real Estate industry.
Industry Median: 2.36
* Ranked among companies with meaningful 3-Year ROIIC % only.

Westfield Trust 3-Year ROIIC % Historical Data

The historical data trend for Westfield Trust's 3-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.

Westfield Trust 3-Year ROIIC % Chart

Westfield Trust Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02
3-Year ROIIC %
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Westfield Trust Semi-Annual Data
Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
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Competitive Comparison of Westfield Trust's 3-Year ROIIC %

For the Real Estate - Development subindustry, Westfield Trust's 3-Year ROIIC %, along with its competitors' market caps and 3-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.


Westfield Trust's 3-Year ROIIC % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Westfield Trust's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Westfield Trust's 3-Year ROIIC % falls into.



Westfield Trust 3-Year ROIIC % Calculation

Westfield Trust's 3-Year ROIIC % for the quarter that ended in Dec. 2002 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -121.37572 (Dec. 2002) - -77.95548 (Dec. 1999) )/( 9649.6 (Dec. 2002) - 7306.3 (Dec. 1999) )
=-43.42024/2343.3
=-1.85%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-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.


Westfield Trust  (ASX:WFT) 3-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.


Westfield Trust 3-Year ROIIC % Related Terms

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Westfield Trust (ASX:WFT) Business Description

Traded in Other Exchanges
N/A
Address
Westfield Trust (WFT) comprises interests in 50 shopping centres in Australia and New Zealand, with 3.1m sqm2 of gross lettable area servicing more than 9,400 retailers who generate in excess of $13.9 billion of retail sales.

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