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SICOudi REIT Fund (SAU:4337) 3-Year ROIIC % : 4.76% (As of Dec. 2023)


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What is SICOudi REIT 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. SICOudi REIT Fund's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 4.76%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SAU:4337's 3-Year ROIIC % is ranked better than
54.99% of 702 companies
in the REITs industry
Industry Median: 4.025 vs SAU:4337: 4.76

SICOudi REIT Fund 3-Year ROIIC % Historical Data

The historical data trend for SICOudi REIT 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.

SICOudi REIT Fund 3-Year ROIIC % Chart

SICOudi REIT Fund Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
- - - -11.87 4.76

SICOudi REIT Fund Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only - -11.87 - 4.76 -

Competitive Comparison of SICOudi REIT Fund's 3-Year ROIIC %

For the REIT - Diversified subindustry, SICOudi REIT 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.


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

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

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


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SICOudi REIT Fund 3-Year ROIIC % Calculation

SICOudi REIT Fund'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**
=( 7.293 (Dec. 2023) - -1.613 (Dec. 2020) )/( 687.515 (Dec. 2023) - 500.315 (Dec. 2020) )
=8.906/187.2
=4.76%***

* 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.


SICOudi REIT Fund  (SAU:4337) 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.


SICOudi REIT Fund 3-Year ROIIC % Related Terms

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SICOudi REIT Fund Business Description

Traded in Other Exchanges
N/A
Address
7702 King Fahd Road, CMC Tower, 5th floor, Al Malqa District, Riyadh, SAU, 13524
SICO Saudi REIT Fund is a closed-ended Shariah-compliant real estate investment traded fund. The main objective of the Fund is to provide current income to investors by investing in real estate assets that have been developed with income generating and investment development by investing in real estate assets in Saudi Arabia (excluding Makkah and Madinah). The fund invests mainly in real estate in Saudi Arabia.

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