Domain Holdings Australia (Domain Holdings Australia) ROCE % : 6.53% (As of Dec. 2023)

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What is Domain Holdings Australia 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. Domain Holdings Australia's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.53%.

Domain Holdings Australia ROCE % Historical Data

The historical data trend for Domain Holdings Australia'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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Domain Holdings Australia ROCE % Chart

Domain Holdings Australia Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-6.96

-15.70

4.94

4.91

4.22

Domain Holdings Australia Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial								5.58	4.79	3.92	4.65	6.53

Domain Holdings Australia ROCE % Calculation

Domain Holdings Australia'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 )
	=	41.671	/	( ( (1074.9 - 65.256)	+	(1000.083 - 35.562) )	/ 2 )
	=	41.671	/	( (1009.644	+	964.521)	/ 2 )
	=	41.671	/	987.0825
	=	4.22 %

Domain Holdings Australia'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 )
	=	62.606	/	( ( (1000.083 - 35.562)	+	(987.878 - 35.481) )	/ 2 )
	=	62.606	/	( ( 964.521	+	952.397 )	/ 2 )
	=	62.606	/	958.459
	=	6.53 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Domain Holdings Australia (OTCPK:DHGAF) 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.

Domain Holdings Australia ROCE % Related Terms

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Domain Holdings Australia (Domain Holdings Australia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Domain Holdings Australia Ltd (OTCPK:DHGAF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DHG:Australia

Address

100 Harris Street, Level 5, Pyrmont, Sydney, NSW, AUS, 2009

Website

https://www.domain.com.au

Domain is a technology company operating in the Australian real estate sector. Domain's primary business is a digital listings platform for residential real estate, www.domain.com.au, which is the second-largest residential real estate listings platform in Australia, after www.realestate.com.au, which is owned by REA Group. Domain is majority-owned by media company Nine Entertainment, while REA is majority-owned by rival media company News Corp. Domain's other businesses include a digital listings platform for commercial real estate, solutions for developers and agents, and print advertising.