First Capital REIT (TSX:FCR.UN) ROCE % : 5.44% (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is First Capital REIT 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. First Capital REIT's annualized ROCE % for the quarter that ended in Mar. 2024 was 5.44%.

First Capital REIT ROCE % Historical Data

The historical data trend for First Capital REIT'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.

First Capital REIT ROCE % Chart

First Capital REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

5.18

1.98

6.94

-0.03

0.17

First Capital REIT Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															3.92	-0.14	-15.71	12.64	5.44

First Capital REIT ROCE % Calculation

First Capital REIT'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 )
	=	14.936	/	( ( (9581.938 - 797.531)	+	(9185.45 - 698.359) )	/ 2 )
	=	14.936	/	( (8784.407	+	8487.091)	/ 2 )
	=	14.936	/	8635.749
	=	0.17 %

First Capital REIT's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	460.812	/	( ( (9185.45 - 698.359)	+	(9245.786 - 781.892) )	/ 2 )
	=	460.812	/	( ( 8487.091	+	8463.894 )	/ 2 )
	=	460.812	/	8475.4925
	=	5.44 %

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

First Capital REIT (TSX:FCR.UN) 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.

First Capital REIT ROCE % Related Terms

Thank you for viewing the detailed overview of First Capital REIT's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

First Capital REIT (TSX:FCR.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » First Capital REIT (TSX:FCR.UN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FCXXF:USA

Address

85 Hanna Avenue, Suite 400, King Liberty Village, Toronto, ON, CAN, M6K 3S3

Website

https://www.fcr.ca

First Capital REIT is a developer, owner and operator of mixed-use urban real estate in Canada's populated centres. The company's focus is on creating thriving neighbourhoods that create value for businesses, residents, communities and investors.

First Capital REIT (TSX:FCR.UN) Headlines

No Headlines