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PMREF (Primaris REIT) 3-Year ROIIC % : 5.27% (As of Dec. 2023)


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What is Primaris REIT 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. Primaris REIT's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 5.27%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

PMREF's 3-Year ROIIC % is ranked better than
59.68% of 692 companies
in the REITs industry
Industry Median: 3.925 vs PMREF: 5.27

Primaris REIT 3-Year ROIIC % Historical Data

The historical data trend for Primaris REIT'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.

Primaris REIT 3-Year ROIIC % Chart

Primaris REIT Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.40 - - - 5.27

Primaris REIT Quarterly Data
Mar12 Jun12 Sep12 Dec12 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 5.27 - - -

Competitive Comparison of Primaris REIT's 3-Year ROIIC %

For the REIT - Retail subindustry, Primaris REIT'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.


Primaris REIT's 3-Year ROIIC % Distribution in the REITs Industry

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

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



Primaris REIT 3-Year ROIIC % Calculation

Primaris REIT's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 150.561 (Dec. 2023) - 92.565 (Dec. 2020) )/( 2978.795 (Dec. 2023) - 1883.191 (Dec. 2020) )
=57.996/1095.604
=5.29%***

* 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.


Primaris REIT  (OTCPK:PMREF) 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.


Primaris REIT 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Primaris REIT's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Primaris REIT Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 2720, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Primaris REIT is an unincorporated, open-ended real estate investment trust. Through its subsidiaries, it owns, develops, and operates a national retail portfolio focused on enclosed shopping centres located primarily in secondary Canadian markets. Its property portfolio includes; Dufferin Mall, Stone Road Mall, Orchard Park, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.