Great Portland Estates (Great Portland Estates) ROCE % : -4.02% (As of Mar. 2024)

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What is Great Portland Estates 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. Great Portland Estates's annualized ROCE % for the quarter that ended in Mar. 2024 was -4.02%.

Great Portland Estates ROCE % Historical Data

The historical data trend for Great Portland Estates'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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Great Portland Estates ROCE % Chart

Great Portland Estates Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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2.11

-7.91

6.59

-5.67

-12.71

Great Portland Estates Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial															8.23	-5.60	-5.71	-21.35	-4.02

Great Portland Estates ROCE % Calculation

Great Portland Estates's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-368.615	/	( ( (3040.777 - 68.932)	+	(3148.666 - 319.568) )	/ 2 )
	=	-368.615	/	( (2971.845	+	2829.098)	/ 2 )
	=	-368.615	/	2900.4715
	=	-12.71 %

Great Portland Estates'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: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	-111.818	/	( ( (3030.198 - 294.802)	+	(3148.666 - 319.568) )	/ 2 )
	=	-111.818	/	( ( 2735.396	+	2829.098 )	/ 2 )
	=	-111.818	/	2782.247
	=	-4.02 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

Great Portland Estates (OTCPK:GPEAF) 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.

Great Portland Estates ROCE % Related Terms

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Great Portland Estates (Great Portland Estates) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Great Portland Estates PLC (OTCPK:GPEAF) » Definitions » ROCE %

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GPEl:UK GPE:UK G9KB:Germany

Address

33 Cavendish Square, London, GBR, W1G 0PW

Website

https://www.gpe.co.uk

Great Portland Estates PLC, or GPE, is a real estate investment trust involved in the ownership and development of commercial property in central London. GPE invests in and redevelops London real estate. The company generates revenue from these assets through long-term lease agreements. Income is also derived from the management of other development projects. The majority of the company's real estate portfolio is comprised of office space, while retail locations also make up a significant percentage. Almost half of GPE's properties are located in the North of Oxford Street area. London's West End is home to a substantial share as well. GPE's tenants are primarily divided between retail & leisure shops; technology, media, & telecom companies; and professional & business services firms.