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Tokaido REIT (TSE:2989) 3-Year ROIIC % : 0.00% (As of Jul. 2024)


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What is Tokaido 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. Tokaido REIT's 3-Year ROIIC % for the quarter that ended in Jul. 2024 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 Tokaido REIT's 3-Year ROIIC % or its related term are showing as below:

TSE:2989's 3-Year ROIIC % is not ranked *
in the REITs industry.
Industry Median: 3.9
* Ranked among companies with meaningful 3-Year ROIIC % only.

Tokaido REIT 3-Year ROIIC % Historical Data

The historical data trend for Tokaido 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.

Tokaido REIT 3-Year ROIIC % Chart

Tokaido REIT Annual Data
Trend Jul21 Jan22 Jul23 Jul24
3-Year ROIIC %
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Tokaido REIT Semi-Annual Data
Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
3-Year ROIIC % Get a 7-Day Free Trial - - - - -

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

For the REIT - Diversified subindustry, Tokaido 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.


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

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

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



Tokaido REIT 3-Year ROIIC % Calculation

Tokaido REIT's 3-Year ROIIC % for the quarter that ended in Jul. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 2046.5822804 (Jul. 2024) - 0 (Jul. 2021) )/( 58178.403 (Jul. 2024) - 34616.71 (Jul. 2021) )
=/23561.693
=0.00%***

* 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.


Tokaido REIT  (TSE:2989) 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.


Tokaido REIT 3-Year ROIIC % Related Terms

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Tokaido REIT Business Description

Traded in Other Exchanges
N/A
Address
2-14-3 Nagatacho, Chiyoda-ku, Tokyo, JPN, 100-0014
Tokaido REIT Inc is a real estate investment trust that focuses on the Tokaido area, mainly Shizuoka, Aichi, and Mie prefectures. Its Investment targets are divided into two types including "Industrial infrastructure assets" targeting logistics facilities and office buildings, and "Living infrastructure assets" for residential and commercial facilities.

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