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Arena REIT (ASX:ARF) 1-Year ROIIC % : 4.47% (As of Dec. 2023)


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What is Arena REIT 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Arena REIT's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 4.47%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Arena REIT's 1-Year ROIIC % or its related term are showing as below:

ASX:ARF's 1-Year ROIIC % is ranked better than
60% of 670 companies
in the REITs industry
Industry Median: 1.88 vs ASX:ARF: 4.47

Arena REIT 1-Year ROIIC % Historical Data

The historical data trend for Arena REIT's 1-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.

Arena REIT 1-Year ROIIC % Chart

Arena REIT Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.96 5.41 4.65 2.84 20.28

Arena REIT Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
1-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 4.18 2.84 6.14 20.28 4.47

Competitive Comparison of Arena REIT's 1-Year ROIIC %

For the REIT - Specialty subindustry, Arena REIT's 1-Year ROIIC %, along with its competitors' market caps and 1-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.


Arena REIT's 1-Year ROIIC % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Arena REIT's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Arena REIT's 1-Year ROIIC % falls into.



Arena REIT 1-Year ROIIC % Calculation

Arena REIT's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 84.695 (Dec. 2023) - 83.181 (Dec. 2022) )/( 1577.572 (Dec. 2023) - 1543.692 (Dec. 2022) )
=1.514/33.88
=4.47%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-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.


Arena REIT  (ASX:ARF) 1-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.


Arena REIT 1-Year ROIIC % Related Terms

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Arena REIT (ASX:ARF) Business Description

Traded in Other Exchanges
N/A
Address
8 Exhibition Street, Level 32, Melbourne, VIC, AUS, 3000
Arena REIT is a childcare centre-focused real estate investment trust, or REIT, in Australia. The trust owns a portfolio of more than 230 long day care centres in Australia which provide preschool care for children aged from 0 to 5 years. Arena also owns 10 healthcare centres but childcare comprises majority of its portfolio based on property value. The Australian childcare and healthcare sectors both receive a significant amount of government funding which they expect to continue due to the essential nature of the services they provide.

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