Colliers International Group (TSX:CIGI) ROCE % : 4.30% (As of Mar. 2024)

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What is Colliers International Group 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. Colliers International Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.30%.

Colliers International Group ROCE % Historical Data

The historical data trend for Colliers International Group'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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Colliers International Group ROCE % Chart

Colliers International Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.37

7.96

-5.32

11.35

7.82

Colliers International Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															2.66	7.54	7.22	13.23	4.30

Colliers International Group ROCE % Calculation

Colliers International Group'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 )
	=	411.675	/	( ( (6925.873 - 1822.539)	+	(7354.82 - 1933.531) )	/ 2 )
	=	411.675	/	( (5103.334	+	5421.289)	/ 2 )
	=	411.675	/	5262.3115
	=	7.82 %

Colliers International Group'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 )
	=	238.116	/	( ( (7354.82 - 1933.531)	+	(7136.604 - 1490.009) )	/ 2 )
	=	238.116	/	( ( 5421.289	+	5646.595 )	/ 2 )
	=	238.116	/	5533.942
	=	4.30 %

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

Colliers International Group (TSX:CIGI) 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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Colliers International Group (TSX:CIGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Colliers International Group Inc (TSX:CIGI) » Definitions » ROCE %

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CIGI:USA

Address

1140 Bay Street, Suite 4000, Toronto, ON, CAN, M5S 2B4

Website

https://www.colliers.com

Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national, and international basis, Infrastructure consulting, Design and Build, and Market research.