Mountview Estates (LSE:MTVW) ROCE % : 9.34% (As of Sep. 2023)

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What is Mountview 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. Mountview Estates's annualized ROCE % for the quarter that ended in Sep. 2023 was 9.34%.

Mountview Estates ROCE % Historical Data

The historical data trend for Mountview 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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Mountview Estates ROCE % Chart

Mountview Estates Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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8.61

8.62

9.30

8.39

7.80

Mountview Estates Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															7.54	9.25	8.71	6.96	9.34

Mountview Estates ROCE % Calculation

Mountview Estates's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	33.972	/	( ( (422.241 - 3.855)	+	(457.082 - 3.908) )	/ 2 )
	=	33.972	/	( (418.386	+	453.174)	/ 2 )
	=	33.972	/	435.78
	=	7.80 %

Mountview Estates's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	43.022	/	( ( (457.082 - 3.908)	+	(473.611 - 5.764) )	/ 2 )
	=	43.022	/	( ( 453.174	+	467.847 )	/ 2 )
	=	43.022	/	460.5105
	=	9.34 %

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

Mountview Estates (LSE:MTVW) 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.

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Mountview Estates (LSE:MTVW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mountview Estates PLC (LSE:MTVW) » Definitions » ROCE %

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MTVWl:UK MTVW.GB:UK

Address

151 High Street, Mountview House, Southgate, London, GBR, N14 6EW

Website

https://www.mountviewplc.co.uk

Mountview Estates PLC is a property trading company. The company owns and acquires tenanted residential property throughout the United Kingdom and sells such property when it becomes vacant. Its operating segment includes Property Trading and Property Investment. The company derives maximum revenue from the Property Trading segment. It generates revenue from sales of properties, and rental income from properties held as trading stock, investment, and others.

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