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Equites Property Fund (JSE:EQU) 3-Year ROIIC % : 12.89% (As of Feb. 2024)


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What is Equites Property Fund 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. Equites Property Fund's 3-Year ROIIC % for the quarter that ended in Feb. 2024 was 12.89%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

JSE:EQU's 3-Year ROIIC % is ranked better than
80.54% of 627 companies
in the REITs industry
Industry Median: 3.81 vs JSE:EQU: 12.89

Equites Property Fund 3-Year ROIIC % Historical Data

The historical data trend for Equites Property Fund'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.

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Equites Property Fund 3-Year ROIIC % Chart

Equites Property Fund Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.07 2.63 3.66 3.64 12.89

Equites Property Fund Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
3-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 3.66 - 3.64 - 12.89

Competitive Comparison of Equites Property Fund's 3-Year ROIIC %

For the REIT - Industrial subindustry, Equites Property Fund'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.


Equites Property Fund's 3-Year ROIIC % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Equites Property Fund's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Equites Property Fund's 3-Year ROIIC % falls into.



Equites Property Fund 3-Year ROIIC % Calculation

Equites Property Fund's 3-Year ROIIC % for the quarter that ended in Feb. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 1847.3988052 (Feb. 2024) - 790.843392 (Feb. 2021) )/( 28749.092 (Feb. 2024) - 20550.933 (Feb. 2021) )
=1056.5554132/8198.159
=12.89%***

* 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.


Equites Property Fund  (JSE:EQU) 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.


Equites Property Fund 3-Year ROIIC % Related Terms

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Equites Property Fund (JSE:EQU) Business Description

Traded in Other Exchanges
N/A
Address
4 Bree Street, 14th Floor, Portside Towers, Cape Town, WC, ZAF, 8001
Equites Property Fund Ltd is a real estate investment trust based in South Africa. It is engaged in the investment in and development of commercial properties in the industrial sector. The group has assessed its operations and determined its segments in line with the clear geographic distinction between South Africa and the United Kingdom. SA Industrial segment generates the revenue.

Equites Property Fund (JSE:EQU) Headlines

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