10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Scentre Group's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 5.26%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Scentre Group's 10-Year ROIIC % or its related term are showing as below:
ASX:SCG's 10-Year ROIIC % is ranked better than 72.09% of 584
companies
in the REITs industry
Industry Median: 3.38
vs ASX:SCG: 5.26
Scentre Group 10-Year ROIIC % Historical Data
The historical data trend for Scentre Group's 10-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.
Competitive Comparison of Scentre Group's 10-Year ROIIC %
For the REIT - Retail subindustry, Scentre Group's 10-Year ROIIC %, along with its competitors' market caps and 10-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.
Scentre Group's 10-Year ROIIC % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Scentre Group's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Scentre Group's 10-Year ROIIC % falls into.
Scentre Group 10-Year ROIIC % Calculation
Scentre Group's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
* 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 10-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.
Scentre Group (ASX:SCG) 10-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.
Scentre Group 10-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Scentre Group's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Scentre Group owns the largest portfolio of premium Australian and New Zealand shopping malls, owning most of the top 10 Australian and top five New Zealand malls. About half its rent comes from anchor tenants and half from specialty tenants. About a third of floor space is currently allocated to department stores, however we expect tenants to return a reasonable portion of that space over the next decade, or alternatively, department store rent to be renegotiated to lower levels. While almost every Scentre mall is anchored by at least one supermarket, these tenants accounts for less than 10% of gross lettable area, due to the large size of Scentre's assets.
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