Daiwa House Logistics Trust (SGX:DHLU) ROCE % : 6.52% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Daiwa House Logistics 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. Daiwa House Logistics Trust's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.52%.

Daiwa House Logistics Trust ROCE % Historical Data

The historical data trend for Daiwa House Logistics 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.

* Premium members only.

Daiwa House Logistics Trust ROCE % Chart

Daiwa House Logistics Trust Annual Data

Trend

Dec18

Dec19

Dec20

Dec22

Dec23

ROCE %

3.64

5.05

Daiwa House Logistics Trust Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-	3.71	3.88	3.73	6.52

Daiwa House Logistics Trust ROCE % Calculation

Daiwa House Logistics 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 )
	=	54.442	/	( ( (1177.039 - 13.065)	+	(1101.742 - 109.595) )	/ 2 )
	=	54.442	/	( (1163.974	+	992.147)	/ 2 )
	=	54.442	/	1078.0605
	=	5.05 %

Daiwa House Logistics Trust's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	67.46	/	( ( (1094.532 - 16.663)	+	(1101.742 - 109.595) )	/ 2 )
	=	67.46	/	( ( 1077.869	+	992.147 )	/ 2 )
	=	67.46	/	1035.008
	=	6.52 %

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

Daiwa House Logistics Trust (SGX:DHLU) 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.

Daiwa House Logistics Trust ROCE % Related Terms

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

Daiwa House Logistics Trust (SGX:DHLU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Daiwa House Logistics Trust (SGX:DHLU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Marina View, No. 14-09 Asia Square Tower 1, Singapore, SGP, 018960

Website

https://www.daiwahouse-logisticstrust.com

Daiwa House Logistics Trust is a real estate investment trust established with the investment strategy of principally investing in a portfolio of income-producing logistics and industrial real estate assets located across Asia. The DHLT Portfolio comprises 16 high-quality properties that are diversified across different regions in Japan, including the Greater Tokyo region and core regional markets in Japan.

Daiwa House Logistics Trust (SGX:DHLU) Headlines

No Headlines