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Nomura Real Estate Master Fund (TSE:3462) ROCE % : 2.74% (As of Aug. 2022)


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What is Nomura Real Estate Master Fund 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. Nomura Real Estate Master Fund's annualized ROCE % for the quarter that ended in Aug. 2022 was 2.74%.


Nomura Real Estate Master Fund ROCE % Historical Data

The historical data trend for Nomura Real Estate Master Fund'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.

* Premium members only.

Nomura Real Estate Master Fund ROCE % Chart

Nomura Real Estate Master Fund Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
ROCE %
Get a 7-Day Free Trial 2.77 2.47 2.58 2.63 2.59

Nomura Real Estate Master Fund Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.65 2.54 2.52 2.74 2.65

Nomura Real Estate Master Fund ROCE % Calculation

Nomura Real Estate Master Fund's annualized ROCE % for the fiscal year that ended in Aug. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2021 )  (A: Aug. 2020 )(A: Aug. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2021 )  (A: Aug. 2020 )(A: Aug. 2021 )
=29191.397/( ( (1197766.091 - 72833.555) + (1192507.57 - 67577.084) )/ 2 )
=29191.397/( (1124932.536+1124930.486)/ 2 )
=29191.397/1124931.511
=2.59 %

Nomura Real Estate Master Fund's ROCE % of for the quarter that ended in Aug. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Aug. 2022 )  (Q: Feb. 2022 )(Q: Aug. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Aug. 2022 )  (Q: Feb. 2022 )(Q: Aug. 2022 )
=30505.666/( ( (1187420.582 - 68902.241) + (1187581.625 - 76816.132) )/ 2 )
=30505.666/( ( 1118518.341 + 1110765.493 )/ 2 )
=30505.666/1114641.917
=2.74 %

(1) Note: The EBIT data used here is two times the semi-annual (Aug. 2022) EBIT data.

* 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.


Nomura Real Estate Master Fund  (TSE:3462) 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.


Nomura Real Estate Master Fund ROCE % Related Terms

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Nomura Real Estate Master Fund (TSE:3462) Business Description

Traded in Other Exchanges
N/A
Address
8-5-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN
Nomura Real Estate Master Fund Inc is a Japanese based company operates as a real estate investment trust. It is implementing medium- to long-term management Strategy, to achieve securing stable income over the medium to long term period, also ensures the steady growth of assets under management. The company invests in logistic facilities and commercial facilities in the Tokyo metropolitan area. It is managed by the fund manager Nomura Real Estate Asset Management Co Ltd.

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