LFM Properties (PHS:LPC) ROCE % : 16.64% (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is LFM Properties 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. LFM Properties's annualized ROCE % for the quarter that ended in Mar. 2024 was 16.64%.

LFM Properties ROCE % Historical Data

The historical data trend for LFM Properties'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.

* Premium members only.

LFM Properties ROCE % Chart

LFM Properties Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

35.38

38.96

23.76

-1.35

17.07

LFM Properties Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial								-3.15	2.88	33.66	33.60	16.64

LFM Properties ROCE % Calculation

LFM Properties'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 )
	=	126.578	/	( ( (1297.023 - 403.585)	+	(2110.985 - 1521.63) )	/ 2 )
	=	126.578	/	( (893.438	+	589.355)	/ 2 )
	=	126.578	/	741.3965
	=	17.07 %

LFM Properties'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 )
	=	110.66	/	( ( (2110.985 - 1521.63)	+	(2378.276 - 1637.386) )	/ 2 )
	=	110.66	/	( ( 589.355	+	740.89 )	/ 2 )
	=	110.66	/	665.1225
	=	16.64 %

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

LFM Properties (PHS:LPC) 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.

LFM Properties ROCE % Related Terms

Thank you for viewing the detailed overview of LFM Properties's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

LFM Properties (PHS:LPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » LFM Properties Corp (PHS:LPC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

835 A. Arnaiz Avenue, 3rd Floor, Liberty Building, Makati, PHL

Website

https://www.lfmproperty.com

LFM Properties Corp is engaged in the real estate business. It holds, develops, manages, administer, sells, convey, encumber, purchase, acquire, rent, or otherwise deal in and dispose all kinds of real estate projects. The company derives all its revenues from the real estate properties it owns and leases out to tenants.

LFM Properties (PHS:LPC) Headlines

No Headlines