Allied Properties Real Estate Investment Trust (FRA:5G8) ROCE % : 0.17% (As of Mar. 2024)

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What is Allied Properties Real Estate Investment Trust 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. Allied Properties Real Estate Investment Trust's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.17%.

Allied Properties Real Estate Investment Trust ROCE % Historical Data

The historical data trend for Allied Properties Real Estate Investment Trust'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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Allied Properties Real Estate Investment Trust ROCE % Chart

Allied Properties Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.74

6.49

4.23

2.33

-4.20

Allied Properties Real Estate Investment Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-0.35	1.35	0.04	-18.50	0.17

Allied Properties Real Estate Investment Trust ROCE % Calculation

Allied Properties Real Estate Investment Trust'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 )
	=	-301.77	/	( ( (8273.533 - 573.256)	+	(7251.576 - 590.84) )	/ 2 )
	=	-301.77	/	( (7700.277	+	6660.736)	/ 2 )
	=	-301.77	/	7180.5065
	=	-4.20 %

Allied Properties Real Estate Investment Trust's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	10.94	/	( ( (7251.576 - 590.84)	+	(7119.803 - 550.48) )	/ 2 )
	=	10.94	/	( ( 6660.736	+	6569.323 )	/ 2 )
	=	10.94	/	6615.0295
	=	0.17 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Allied Properties Real Estate Investment Trust (FRA:5G8) 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.

Allied Properties Real Estate Investment Trust ROCE % Related Terms

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Allied Properties Real Estate Investment Trust (FRA:5G8) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Allied Properties Real Estate Investment Trust (FRA:5G8) » Definitions » ROCE %

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APYRF:USA AP.UN:Canada

Address

134 Peter Street, Suite 1700, Toronto, ON, CAN, M5V 2H2

Website

https://www.alliedreit.com

Allied Properties Real Estate Investment Trust is a real estate investment trust engaged in the development, management, and ownership of primarily urban office environments across Canada's major cities. Most of the total square footage in the company's real estate portfolio is located in Toronto and Montreal. Allied Properties derives nearly all of its income in the form of rental revenue from tenants in its properties. The majority of this revenue comes from its assets located in Central Canada. Allied Properties' major tenants include IT, banking, government, marketing, and telecommunications firms. The company also controls a number of telecommunications/IT and retail properties within its real estate portfolio.

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