GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Starhill Global Real Estate Investment Trust (SGX:P40U) » Definitions » ROCE %

Starhill Global Real Estate Investment Trust (SGX:P40U) ROCE % : 4.79% (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Starhill Global Real Estate Investment 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. Starhill Global Real Estate Investment Trust's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.79%.


Starhill Global Real Estate Investment Trust ROCE % Historical Data

The historical data trend for Starhill Global Real Estate Investment 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.

Starhill Global Real Estate Investment Trust ROCE % Chart

Starhill Global Real Estate Investment Trust Annual Data
Trend Dec14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.55 -1.92 3.36 3.20 2.66

Starhill Global Real Estate Investment Trust Semi-Annual Data
Dec13 Jun14 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 4.51 1.88 5.17 0.24 4.79

Starhill Global Real Estate Investment Trust ROCE % Calculation

Starhill Global Real Estate Investment Trust's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=75.294/( ( (2997.425 - 165.599) + (2860.291 - 40.956) )/ 2 )
=75.294/( (2831.826+2819.335)/ 2 )
=75.294/2825.5805
=2.66 %

Starhill Global Real Estate Investment 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 )
=132.642/( ( (2860.291 - 40.956) + (2849.236 - 129.653) )/ 2 )
=132.642/( ( 2819.335 + 2719.583 )/ 2 )
=132.642/2769.459
=4.79 %

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


Starhill Global Real Estate Investment Trust  (SGX:P40U) 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.


Starhill Global Real Estate Investment Trust ROCE % Related Terms

Thank you for viewing the detailed overview of Starhill Global Real Estate Investment Trust's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Starhill Global Real Estate Investment Trust (SGX:P40U) Business Description

Traded in Other Exchanges
Address
391B Orchard Road, No. 21-08 Ngee Ann City Tower B, Singapore, SGP, 238874
Starhill Global Real Estate Investment Trust invests in retail and commercial properties. The company's properties are located in Asia-Pacific countries which include Singapore, Australia, Malaysia, China, and Japan. The company generates the majority of revenue from leasing properties to tenants, primarily department stores, fashion and footwear stores, cosmetics shops, and corporates. The company divides its operations into five segments: Wisma Atria Property; Ngee Ann City Property; Australia Properties; Malaysia Properties; and other properties. The two Singapore segments, Wisma Atria Property and Ngee Ann City Property, collectively generate more than half total revenue.

Starhill Global Real Estate Investment Trust (SGX:P40U) Headlines

No Headlines