Stride Property (NZSE:SPG) 1-Year ROIIC % : -1.42% (As of Mar. 2024)

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What is Stride Property 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Stride Property's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was -1.42%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Stride Property's 1-Year ROIIC % or its related term are showing as below:

NZSE:SPG's 1-Year ROIIC % is ranked better than
74.88% of 1700 companies
in the Real Estate industry
Industry Median: 0.325 vs NZSE:SPG: -1.42

Stride Property 1-Year ROIIC % Historical Data

The historical data trend for Stride Property's 1-Year ROIIC % 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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Stride Property 1-Year ROIIC % Chart

Stride Property Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

1-Year ROIIC %

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-4.29

1.25

4.22

-22.84

-1.42

Stride Property Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
1-Year ROIIC %	Get a 7-Day Free Trial															4.22	-27.38	-22.84	-2.14	-1.42

Competitive Comparison of Stride Property's 1-Year ROIIC %

For the Real Estate Services subindustry, Stride Property's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Stride Property's 1-Year ROIIC % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Stride Property's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Stride Property's 1-Year ROIIC % falls into.

Stride Property 1-Year ROIIC % Calculation

Stride Property's 1-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

1-Year ROIIC %	=	1-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	1-Year Incremental Invested Capital
	=	( 76.5696978 (Mar. 2024) - 75.1383216 (Mar. 2023) )	/	( 1434.584 (Mar. 2024) - 1535.217 (Mar. 2023) )
	=	1.4313762	/	-100.633
	=	-1.42%^***

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Stride Property (NZSE:SPG) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.

Stride Property 1-Year ROIIC % Related Terms

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Stride Property (NZSE:SPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Stride Property Ltd (NZSE:SPG) » Definitions » 1-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

34 Shortland Street, Level 12, Louise Hill, Auckland, NTL, NZL, 1010

Website

https://www.strideproperty.co.nz

Stride Property Ltd is a real estate company that owns and manages investment properties in New Zealand. Most of the properties are located in Auckland, followed by Wellington, Northern Regional, and South Island. Stride's portfolio consists of commercial office, retail, and industrial property, as well as land. Retail properties deliver the majority of contract rental revenue, followed by office and industrial properties. The company's major tenants include general distributors, large retailers, banks, the New Zealand government, and industrial companies.