Levinstein Properties (XTAE:LVPR) ROCE % : 2.62% (As of Dec. 2023)

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What is Levinstein Properties 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. Levinstein Properties's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.62%.

Levinstein Properties ROCE % Historical Data

The historical data trend for Levinstein Properties'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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Levinstein Properties ROCE % Chart

Levinstein Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.74

3.38

18.67

14.97

3.85

Levinstein Properties Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															44.80	3.73	3.76	5.32	2.62

Levinstein Properties ROCE % Calculation

Levinstein Properties'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 )
	=	75.036	/	( ( (2081.344 - 200.82)	+	(2204.537 - 190.587) )	/ 2 )
	=	75.036	/	( (1880.524	+	2013.95)	/ 2 )
	=	75.036	/	1947.237
	=	3.85 %

Levinstein Properties'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 )
	=	52.392	/	( ( (2179.451 - 191.847)	+	(2204.537 - 190.587) )	/ 2 )
	=	52.392	/	( ( 1987.604	+	2013.95 )	/ 2 )
	=	52.392	/	2000.777
	=	2.62 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Levinstein Properties (XTAE:LVPR) 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.

Levinstein Properties ROCE % Related Terms

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Levinstein Properties (XTAE:LVPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Levinstein Properties Ltd (XTAE:LVPR) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Menachem Begin Road, Tel Aviv, ISR, 23

Website

http://www.levinstein.co.il

Levinstein Properties Ltd is engaged in the engineering, construction and real estate. It constructs office buildings, public buildings and designated buildings for the industries. It also provides Infrastructure works, bridge building construction. Its projects are occupied by government ministries, banks, insurance companies, & law offices, among others.

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