Safehold ROIC
What is the ROIC of Safehold?
The ROIC of Safehold Inc. is -1.10%
What is the definition of ROIC?
Return on invested capital (ROIC) is a financial ratio that measures how efficient a company is at allocating the capital under its control to profitable investments.
= NOPAT / Invested capital = EBIT * (1 - tax rate) / (2-year average liabilities + 2-year average shareholder equity)
Return on invested capital (ROIC) ratio gives investors a sense of how well a company is using money under its control to generate profitable returns.
ROIC can be used as a benchmark to calculate the valuation of companies across industries. A higher ROIC means the company is doing a better job of investing the money from shareholders and bondholders to run the business. A company is creating value if its ROIC exceeds 2%. If its ROIC is under 2%, the company is likely destroying value and has no excess capital to invest in future growth.
You can calculate ROIC with the following formula:
NOPAT = Net operating profit after tax
Invested Capital = Average total liabilities + Average shareholders' equity
The averages of liabilities and shareholders' equity are calculated as geometrical averages of the last two annual values from the company's balance sheet.
ROIC of companies in the Real Estate sector on NYSE compared to Safehold
What does Safehold do?
istar (nyse: star) finances, invests in and develops real estate and real estate related assets as an adaptive investment company. building on over two decades of experience and more than $35 billion of transactions, istar brings uncommon capabilities and new ways of thinking to commercial real estate. structured as a real estate investment trust (“reit”), its portfolio is diversified by asset type, property type, geography and obligor, with a focus on larger assets located in major metropolitan markets. additional information on istar is available on the company's website at www.istar.com.
Companies with roic similar to Safehold
- Pacific Industries has ROIC of -1.10%
- Atlassian has ROIC of -1.10%
- Future Consumer has ROIC of -1.10%
- Proficient Alpha Acquisition has ROIC of -1.10%
- Wonderla Holidays has ROIC of -1.10%
- BOKU has ROIC of -1.10%
- Safehold has ROIC of -1.10%
- Participation Industrielle Miniere Societe Anonyme has ROIC of -1.10%
- Vinacapital Vietnam Opportunity Fund (United Kingdom) has ROIC of -1.10%
- Sosandar Plc has ROIC of -1.09%
- HF Societe Anonyme has ROIC of -1.09%
- Cineline India has ROIC of -1.09%
- DATATRAK International has ROIC of -1.09%