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Mailbox REIT (IPSX:MBOX) ROCE % : 34.80% (As of Jun. 2023)


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What is Mailbox REIT 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. Mailbox REIT's annualized ROCE % for the quarter that ended in Jun. 2023 was 34.80%.

Mailbox REIT ROCE % Historical Data

The historical data trend for Mailbox REIT'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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Mailbox REIT ROCE % Chart

Mailbox REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22
ROCE %
- -14.37 4.80 -23.15

Mailbox REIT Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
ROCE % Get a 7-Day Free Trial 3.93 4.23 5.96 -97.06 34.80

Mailbox REIT ROCE % Calculation

Mailbox REIT's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-27.944/( ( (201.598 - 8.134) + (166.405 - 118.424) )/ 2 )
=-27.944/( (193.464+47.981)/ 2 )
=-27.944/120.7225
=-23.15 %

Mailbox REIT's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=18.75/( ( (166.405 - 118.424) + (172.806 - 113.036) )/ 2 )
=18.75/( ( 47.981 + 59.77 )/ 2 )
=18.75/53.8755
=34.80 %

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

* 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.

Mailbox REIT  (IPSX:MBOX) 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.

Mailbox REIT ROCE % Related Terms

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Mailbox REIT (IPSX:MBOX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mailbox REIT PLC (IPSX:MBOX) » Definitions » ROCE %
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Traded in Other Exchanges
N/A
Address
30 Saint Mary Axe, 10th floor, London, GBR, EC3A 8BF
Website
https://www.themailboxreit.com
Mailbox REIT PLC is a single-asset real estate investment trust located in Birmingham. It provides shareholders income together with capital growth by investing in the Property. The company owns the Mailbox Property. The property provides office space, a leisure area, and retail and car parking space.