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Elanor Commercial Property Fund (ASX:ECF) 3-Year ROIIC % : 8.41% (As of Jun. 2023)


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What is Elanor Commercial Property 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. Elanor Commercial Property Fund's 3-Year ROIIC % for the quarter that ended in Jun. 2023 was 8.41%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ASX:ECF's 3-Year ROIIC % is ranked better than
68.47% of 1754 companies
in the Real Estate industry
Industry Median: 2.265 vs ASX:ECF: 8.41

Elanor Commercial Property Fund 3-Year ROIIC % Historical Data

The historical data trend for Elanor Commercial Property 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.

Elanor Commercial Property Fund 3-Year ROIIC % Chart

Elanor Commercial Property Fund Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
3-Year ROIIC %
- - - - 8.41

Elanor Commercial Property Fund Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only - - - 8.41 -

Competitive Comparison of Elanor Commercial Property Fund's 3-Year ROIIC %

For the Real Estate Services subindustry, Elanor Commercial Property 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.


Elanor Commercial Property Fund's 3-Year ROIIC % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Elanor Commercial Property Fund's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Elanor Commercial Property Fund's 3-Year ROIIC % falls into.



Elanor Commercial Property Fund 3-Year ROIIC % Calculation

Elanor Commercial Property Fund's 3-Year ROIIC % for the quarter that ended in Jun. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 33.112 (Jun. 2023) - 14.667 (Jun. 2020) )/( 594.349 (Jun. 2023) - 374.93 (Jun. 2020) )
=18.445/219.419
=8.41%***

* 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.


Elanor Commercial Property Fund  (ASX:ECF) 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.


Elanor Commercial Property Fund 3-Year ROIIC % Related Terms

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Elanor Commercial Property Fund (ASX:ECF) Business Description

Traded in Other Exchanges
N/A
Address
259 George Street, Level 38, Sydney, NSW, AUS, 2000
Elanor Commercial Property Fund is engaged in the Australian real estate investment and funds management business. The key investment sector focuses are the commercial real estate, retail real estate and the hotels, tourism and leisure sectors. The only operating business segment, being the investment in commercial properties in Australia. The company derives maximum revenue generated from a diversified portfolio of Government, Multinational and ASX listed tenants.

Elanor Commercial Property Fund (ASX:ECF) Headlines