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Texton Property Fund (JSE:TEX) 3-Year ROIIC % : -162.56% (As of Jun. 2024)


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What is Texton 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. Texton Property Fund's 3-Year ROIIC % for the quarter that ended in Jun. 2024 was -162.56%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

JSE:TEX's 3-Year ROIIC % is ranked worse than
98.3% of 705 companies
in the REITs industry
Industry Median: 4.08 vs JSE:TEX: -162.56

Texton Property Fund 3-Year ROIIC % Historical Data

The historical data trend for Texton 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.

* Premium members only.

Texton Property Fund 3-Year ROIIC % Chart

Texton Property Fund Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.63 3.25 10.68 49.82 -162.56

Texton Property Fund Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - 49.82 - -162.56 -

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

For the REIT - Office subindustry, Texton 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.


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

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

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


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Texton Property Fund 3-Year ROIIC % Calculation

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

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 119.9472768 (Jun. 2024) - 243.2023076 (Jun. 2021) )/( 3320.576 (Jun. 2024) - 3244.755 (Jun. 2021) )
=-123.2550308/75.821
=-162.56%***

* 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.


Texton Property Fund  (JSE:TEX) 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.


Texton Property Fund 3-Year ROIIC % Related Terms

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Texton Property Fund Business Description

Traded in Other Exchanges
N/A
Address
151 Katherine Street, Block D, Vunani Office Park, Sandton, Johannesburg, GT, ZAF, 2031
Texton Property Fund Ltd is a property investment fund. It invests directly in income-producing office properties that offer attractive income and capital appreciation. The overall objective of the fund is to grow its asset base, by investing in well priced, income and quality enhancing investment properties to optimize returns over time for shareholders. It holds an interest in properties such as Alrode industrial park, Babcock House, Bawtry 270, Belvedere place, Bonmarche and Poundland, Bryanston gate office park, and many others. The Group has three reportable segments: SA direct property, which derives maximum revenue; UK direct property; and International investments. Direct property investments are split into office, retail and industrial.