Gulf & Pacific Equities (TSXV:GUF) ROCE % : 3.12% (As of Mar. 2024)

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What is Gulf & Pacific Equities 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. Gulf & Pacific Equities's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.12%.

Gulf & Pacific Equities ROCE % Historical Data

The historical data trend for Gulf & Pacific Equities'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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Gulf & Pacific Equities ROCE % Chart

Gulf & Pacific Equities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.56

4.21

14.84

7.12

6.04

Gulf & Pacific Equities 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															3.38	8.79	3.67	8.06	3.12

Gulf & Pacific Equities ROCE % Calculation

Gulf & Pacific Equities'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 )
	=	2.868	/	( ( (48.616 - 2.825)	+	(51.696 - 2.466) )	/ 2 )
	=	2.868	/	( (45.791	+	49.23)	/ 2 )
	=	2.868	/	47.5105
	=	6.04 %

Gulf & Pacific Equities'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 )
	=	1.532	/	( ( (51.696 - 2.466)	+	(51.639 - 2.626) )	/ 2 )
	=	1.532	/	( ( 49.23	+	49.013 )	/ 2 )
	=	1.532	/	49.1215
	=	3.12 %

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

Gulf & Pacific Equities (TSXV:GUF) 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.

Gulf & Pacific Equities ROCE % Related Terms

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Gulf & Pacific Equities (TSXV:GUF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Gulf & Pacific Equities Corp (TSXV:GUF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1240 Bay Street, Suite 800, Toronto, ON, CAN, M5R 2A7

Website

https://www.gpequities.com

Gulf & Pacific Equities Corp is a Canada-based company, which owns and operates commercial rental properties in Western Canada. It acquires, manages, and develops anchored shopping malls in rural centres in Alberta and British Columbia. The company's portfolio consists of over three properties located in Northern Alberta.

Executives

Anthony Cohen

10% Security Holder, Director, Senior Officer

Gulf & Pacific Equities (TSXV:GUF) Headlines

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