GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New England Realty Associates LP (AMEX:NEN) » Definitions » ROE %

New England Realty Associates LP (New England Realty Associates LP) ROE % : Negative Equity% (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is New England Realty Associates LP ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. New England Realty Associates LP's annualized net income for the quarter that ended in Dec. 2023 was $9.20 Mil. New England Realty Associates LP's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $-65.00 Mil. Therefore, New England Realty Associates LP's annualized ROE % for the quarter that ended in Dec. 2023 was Negative Equity%.

The historical rank and industry rank for New England Realty Associates LP's ROE % or its related term are showing as below:

NEN' s ROE % Range Over the Past 10 Years
Min: Negative Equity   Med: Negative Equity   Max: Negative Equity
Current: Negative Equity

During the past 13 years, New England Realty Associates LP's highest ROE % was Negative Equity%. The lowest was Negative Equity%. And the median was Negative Equity%.

NEN's ROE % is ranked better than
99.94% of 1778 companies
in the Real Estate industry
Industry Median: 2.95 vs NEN: Negative Equity

New England Realty Associates LP ROE % Historical Data

The historical data trend for New England Realty Associates LP's ROE % 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.

New England Realty Associates LP ROE % Chart

New England Realty Associates LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Equity Negative Equity - Negative Equity Negative Equity

New England Realty Associates LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 Premium Member Only Negative Equity Negative Equity Negative Equity Negative Equity Negative Equity

Competitive Comparison of New England Realty Associates LP's ROE %

For the Real Estate Services subindustry, New England Realty Associates LP's ROE %, along with its competitors' market caps and ROE % 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.


New England Realty Associates LP's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New England Realty Associates LP's ROE % distribution charts can be found below:

* The bar in red indicates where New England Realty Associates LP's ROE % falls into.



New England Realty Associates LP ROE % Calculation

New England Realty Associates LP's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=8.454/( (-59.869+-65.354)/ 2 )
=8.454/-62.6115
=Negative Equity %

New England Realty Associates LP's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=9.196/( (-64.652+-65.354)/ 2 )
=9.196/-65.003
=Negative Equity %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


New England Realty Associates LP  (AMEX:NEN) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=9.196/-65.003
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9.196 / 78.908)*(78.908 / 385.9445)*(385.9445 / -65.003)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.65 %*0.2045*N/A
=ROA %*Equity Multiplier
=2.38 %*N/A
=Negative Equity %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=9.196/-65.003
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (9.196 / 9.196) * (9.196 / 22.788) * (22.788 / 78.908) * (78.908 / 385.9445) * (385.9445 / -65.003)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.4035 * 28.88 % * 0.2045 * N/A
=Negative Equity %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


New England Realty Associates LP ROE % Related Terms

Thank you for viewing the detailed overview of New England Realty Associates LP's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


New England Realty Associates LP (New England Realty Associates LP) Business Description

Traded in Other Exchanges
N/A
Address
39 Brighton Avenue, Allston, MA, USA, 02134
New England Realty Associates LP is engaged in the business of acquiring, developing, holding for investment, operating and selling real estate. The Partnership owns and operates various residential apartments, condominium units and commercial properties located in Massachusetts and New Hampshire. The company generates revenue from rental income from residential and commercial properties recognized over the term of the related lease. The long-term goals of the Partnership are to manage, rent and improve its properties and to acquire additional properties with income and capital appreciation potential as suitable opportunities arise.
Executives
Jameson Pruitt Brown director, officer: Treasurer NEW ENGLAND REALTY ASSOCIATES LP, 39 BRIGHTON AVENUE, ALLSTON MA 02360
Ronald Brown officer: President NEW ENGLAND REALTY ASSOCIATES LP, 39 BRIGHTON AVENUE, ALLSTON MA 02134
Carl Anthony Valeri other: 5% Owner, Asset Manager 50 UDINE STREET, ARLINGTON MA 02476
Harold Brown director, 10 percent owner, officer: Treas. & Dir. of Gen. Ptnr NEN 39 BRIGHTON AVE, ALLSTON MA 02134
1999 Revocable Trust 10 percent owner C/O NEW ENGLAND REALTY ASSOCIATES LP, 39 BRIGHTON AVENUE, ALLSTON MA 02025
Nera 1994 Irrevocable Trust 10 percent owner, officer: Treasurer C/O LANE AITMAN & OWENS, 101 FEDERAL STREET, BOSTON MA 02110
David R Jarvis 10 percent owner C/O MERCURY REAL ESTATE ADVISORS LLC, 100 FIELD POINT ROAD, GREENWICH CT 06830
Mercury Real Estate Securities Offshore Fund, Ltd. 10 percent owner 100 FIELD POINT ROAD, GREENWICH CT 06830
Silvercreek Sav Llc 10 percent owner C/O MERCURY REAL ESTATE ADVISORS LLC, 100 FIELD POINT ROAD, GREENWICH CT 06830
Mercury Special Situations Offshore Fund Ltd 10 percent owner P O BOX 3460 RD TOWN, TORTOLA BVI E9 00000
Maclean Malcolm F Iv 10 percent owner C/O ASPEN GROUP, INC., 1660 SOUTH ALBION STREET, SUITE 525, DENVER CO 80222
Mercury Real Estate Securities Fund Lp 10 percent owner 100 FIELD POINT ROAD, GREENWICH CT 06830
Mercury Mayfair Llc 10 percent owner 100 FIELD POINT ROAD, FIRST FLOOR, GREENWICH CT 06830
Mercury Special Situations Fund L P 10 percent owner 100 FIELD POINT RD, GREENWICH CT 06830
Mercury Securities Ii Llc 10 percent owner 100 FIELD POINT ROAD, FIRST FLOOR, GREENWICH CT 06830

New England Realty Associates LP (New England Realty Associates LP) Headlines