Budapest Ingatlan Nyrt (BUD:BIF) ROCE % : 21.35% (As of Dec. 2023)

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What is Budapest Ingatlan Nyrt ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Budapest Ingatlan Nyrt's annualized ROCE % for the quarter that ended in Dec. 2023 was 21.35%.

Budapest Ingatlan Nyrt ROCE % Historical Data

The historical data trend for Budapest Ingatlan Nyrt's ROCE % 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.

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Budapest Ingatlan Nyrt ROCE % Chart

Budapest Ingatlan Nyrt Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.65

8.82

12.99

14.29

13.94

Budapest Ingatlan Nyrt Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															21.13	9.38	19.62	7.81	21.35

Budapest Ingatlan Nyrt ROCE % Calculation

Budapest Ingatlan Nyrt's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	11026.493	/	( ( (81684.32 - 6080.299)	+	(86440.54 - 3883.879) )	/ 2 )
	=	11026.493	/	( (75604.021	+	82556.661)	/ 2 )
	=	11026.493	/	79080.341
	=	13.94 %

Budapest Ingatlan Nyrt's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	16345.678	/	( ( (74034.596 - 3444.585)	+	(86440.54 - 3883.879) )	/ 2 )
	=	16345.678	/	( ( 70590.011	+	82556.661 )	/ 2 )
	=	16345.678	/	76573.336
	=	21.35 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Budapest Ingatlan Nyrt (BUD:BIF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Budapest Ingatlan Nyrt ROCE % Related Terms

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Budapest Ingatlan Nyrt (BUD:BIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Budapest Ingatlan Nyrt (BUD:BIF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Polgar Utca 8-10, Budapest, HUN, 1033

Website

https://www.attila99loft.hu

Budapest Ingatlan Nyrt operates as a real estate investment trust. The company's property portfolio includes Office Buildings, Parking Garages, Construction Lots, Residential properties, Building plots and Hotels. Its properties include Bajscy Office Building, BIF Loft, Arcadia Hotel and Pest inn Hotel among others.

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