Madison Pacific Properties (Madison Pacific Properties) ROCE % : 11.79% (As of Feb. 2024)

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What is Madison Pacific 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. Madison Pacific Properties's annualized ROCE % for the quarter that ended in Feb. 2024 was 11.79%.

Madison Pacific Properties ROCE % Historical Data

The historical data trend for Madison Pacific 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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Madison Pacific Properties ROCE % Chart

Madison Pacific Properties Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

ROCE %

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9.32

7.61

11.03

12.37

4.48

Madison Pacific Properties Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															12.10	3.62	-2.75	-1.68	11.79

Madison Pacific Properties ROCE % Calculation

Madison Pacific Properties's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	25.919	/	( ( (651.969 - 77.268)	+	(633.144 - 50.997) )	/ 2 )
	=	25.919	/	( (574.701	+	582.147)	/ 2 )
	=	25.919	/	578.424
	=	4.48 %

Madison Pacific 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: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	61.46	/	( ( (595.725 - 55.34)	+	(591.902 - 90.123) )	/ 2 )
	=	61.46	/	( ( 540.385	+	501.779 )	/ 2 )
	=	61.46	/	521.082
	=	11.79 %

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

Madison Pacific Properties (OTCPK:MDPCF) 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.

Madison Pacific Properties ROCE % Related Terms

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Madison Pacific Properties (Madison Pacific Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Madison Pacific Properties Inc (OTCPK:MDPCF) » Definitions » ROCE %

Comparable Companies

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MPC.C:Canada MPC:Canada

Address

389 West 6th Avenue, Vancouver, BC, CAN, V5Y 1L1

Website

https://www.madisonpacific.ca

Madison Pacific Properties Inc is a real estate company. It owns, develops, and operates office, industrial, and commercial real estate properties located in Western Canada. It also has investments in joint ventures that construct residential properties. The company has one reportable segment that being the Rental of Office, Industrial, Commercial, and multi-family real estate properties located in Canada. The company derives its revenue from rental operations and property management.