GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mapletree Pan Asia Commercial Trust (SGX:N2IU) » Definitions » ROCE %

Mapletree Pan Asia Commercial Trust (SGX:N2IU) ROCE % : 4.43% (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Mapletree Pan Asia Commercial 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. Mapletree Pan Asia Commercial Trust's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.43%.


Mapletree Pan Asia Commercial Trust ROCE % Historical Data

The historical data trend for Mapletree Pan Asia Commercial 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.

Mapletree Pan Asia Commercial Trust ROCE % Chart

Mapletree Pan Asia Commercial Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.63 7.88 1.46 4.67 5.55

Mapletree Pan Asia Commercial Trust Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.40 2.34 4.31 4.43 4.43

Mapletree Pan Asia Commercial Trust ROCE % Calculation

Mapletree Pan Asia Commercial Trust'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 )
=673.079/( ( (8984.523 - 568.036) + (16828.82 - 985.558) )/ 2 )
=673.079/( (8416.487+15843.262)/ 2 )
=673.079/12129.8745
=5.55 %

Mapletree Pan Asia Commercial 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: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=687.12/( ( (16660.303 - 1005.679) + (16572.202 - 1232.74) )/ 2 )
=687.12/( ( 15654.624 + 15339.462 )/ 2 )
=687.12/15497.043
=4.43 %

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


Mapletree Pan Asia Commercial Trust  (SGX:N2IU) 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.


Mapletree Pan Asia Commercial Trust ROCE % Related Terms

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


Mapletree Pan Asia Commercial Trust (SGX:N2IU) Business Description

Traded in Other Exchanges
Address
10-80 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Pan Asia Commercial Trust was established in July 2022 as a result of the merger between Mapletree Commercial Trust and Mapletree North Asia Commercial Trust. The trust has a diversified portfolio of 18 properties, which includes business parks, offices and retail malls across Singapore, Hong Kong, China, Japan, and South Korea. The trust is externally managed by MPACT Management, a subsidiary of its sponsor, which owns around a 56% stake in the trust.

Mapletree Pan Asia Commercial Trust (SGX:N2IU) Headlines

No Headlines