Balwin Properties (JSE:BWN) ROCE % : 3.55% (As of Feb. 2024)

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What is Balwin 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. Balwin Properties's annualized ROCE % for the quarter that ended in Feb. 2024 was 3.55%.

Balwin Properties ROCE % Historical Data

The historical data trend for Balwin 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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Balwin Properties ROCE % Chart

Balwin Properties Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

ROCE %

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18.36

13.86

13.43

12.62

6.65

Balwin Properties Semi-Annual Data
	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
ROCE %	Get a 7-Day Free Trial													16.86	10.51	14.41	9.61	3.55

Balwin Properties ROCE % Calculation

Balwin Properties's annualized ROCE % for the fiscal year that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	360.581	/	( ( (7298.247 - 1919.748)	+	(7630.347 - 2159.523) )	/ 2 )
	=	360.581	/	( (5378.499	+	5470.824)	/ 2 )
	=	360.581	/	5424.6615
	=	6.65 %

Balwin Properties's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Aug. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Aug. 2023 )		(Q: Feb. 2024 )
	=	195.518	/	( ( (7644.141 - 2087.674)	+	(7630.347 - 2159.523) )	/ 2 )
	=	195.518	/	( ( 5556.467	+	5470.824 )	/ 2 )
	=	195.518	/	5513.6455
	=	3.55 %

(1) Note: The EBIT data used here is two times the semi-annual (Feb. 2024) EBIT data.

Balwin Properties (JSE:BWN) 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.

Balwin Properties ROCE % Related Terms

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Balwin Properties (JSE:BWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Balwin Properties Ltd (JSE:BWN) » Definitions » ROCE %

Traded in Other Exchanges

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Address

105 Corlett Drive, Melrose, Johannesburg, GT, ZAF, 2196

Website

https://www.balwin.co.za

Balwin Properties Ltd is South Africa's residential property developer of large-scale, sectional title estates with a focus on high quality, environmentally efficient and affordable apartments with an lifestyle offering for residents. The operating segments of the company are: Sale of apartments, Provision of services to residential estates, Bond commission, Residential and commercial property rentals and Balwin Foundation.