GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) » Definitions » 1-Year ROIIC %

Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) 1-Year ROIIC % : 250.99% (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Canadian Apartment Properties Real Estate Investment Trust 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. Canadian Apartment Properties Real Estate Investment Trust's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 250.99%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Canadian Apartment Properties Real Estate Investment Trust's 1-Year ROIIC % or its related term are showing as below:

TSX:CAR.UN's 1-Year ROIIC % is ranked better than
97.47% of 672 companies
in the REITs industry
Industry Median: 1.905 vs TSX:CAR.UN: 250.99

Canadian Apartment Properties Real Estate Investment Trust 1-Year ROIIC % Historical Data

The historical data trend for Canadian Apartment Properties Real Estate Investment Trust'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.

Canadian Apartment Properties Real Estate Investment Trust 1-Year ROIIC % Chart

Canadian Apartment Properties Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.93 3.46 -0.03 -1,622.13 250.99

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -1,622.13 -28.42 79.16 -46.01 250.99

Competitive Comparison of Canadian Apartment Properties Real Estate Investment Trust's 1-Year ROIIC %

For the REIT - Residential subindustry, Canadian Apartment Properties Real Estate Investment Trust'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.


Canadian Apartment Properties Real Estate Investment Trust's 1-Year ROIIC % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Canadian Apartment Properties Real Estate Investment Trust's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Canadian Apartment Properties Real Estate Investment Trust's 1-Year ROIIC % falls into.



Canadian Apartment Properties Real Estate Investment Trust 1-Year ROIIC % Calculation

Canadian Apartment Properties Real Estate Investment Trust'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
=( 519.4289484 (Dec. 2023) - 2227.0200204 (Dec. 2022) )/( 17619.417 (Dec. 2023) - 18299.766 (Dec. 2022) )
=-1707.591072/-680.349
=250.99%***

* 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.


Canadian Apartment Properties Real Estate Investment Trust  (TSX:CAR.UN) 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.


Canadian Apartment Properties Real Estate Investment Trust 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Canadian Apartment Properties Real Estate Investment Trust's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Business Description

Traded in Other Exchanges
Address
11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.

Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Headlines

No Headlines