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NTT Urban Development (NTT Urban Development) ROE % : 9.46% (As of Sep. 2018)


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What is NTT Urban Development ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. NTT Urban Development's annualized net income for the quarter that ended in Sep. 2018 was $204 Mil. NTT Urban Development's average Total Stockholders Equity over the quarter that ended in Sep. 2018 was $2,154 Mil. Therefore, NTT Urban Development's annualized ROE % for the quarter that ended in Sep. 2018 was 9.46%.

The historical rank and industry rank for NTT Urban Development's ROE % or its related term are showing as below:

NTUBF's ROE % is not ranked *
in the Real Estate industry.
Industry Median: 2.94
* Ranked among companies with meaningful ROE % only.

NTT Urban Development ROE % Historical Data

The historical data trend for NTT Urban Development'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.

NTT Urban Development ROE % Chart

NTT Urban Development Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.04 7.74 8.39 7.97 8.79

NTT Urban Development Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 9.87 3.64 6.62 10.38 9.46

Competitive Comparison of NTT Urban Development's ROE %

For the Real Estate Services subindustry, NTT Urban Development'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.


NTT Urban Development's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, NTT Urban Development's ROE % distribution charts can be found below:

* The bar in red indicates where NTT Urban Development's ROE % falls into.



NTT Urban Development ROE % Calculation

NTT Urban Development's annualized ROE % for the fiscal year that ended in Mar. 2018 is calculated as

ROE %=Net Income (A: Mar. 2018 )/( (Total Stockholders Equity (A: Mar. 2017 )+Total Stockholders Equity (A: Mar. 2018 ))/ count )
=176.347/( (1883.418+2128.4)/ 2 )
=176.347/2005.909
=8.79 %

NTT Urban Development's annualized ROE % for the quarter that ended in Sep. 2018 is calculated as

ROE %=Net Income (Q: Sep. 2018 )/( (Total Stockholders Equity (Q: Jun. 2018 )+Total Stockholders Equity (Q: Sep. 2018 ))/ count )
=203.86/( (2143.302+2165.313)/ 2 )
=203.86/2154.3075
=9.46 %

* 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 (Sep. 2018) net income data. ROE % is displayed in the 30-year financial page.


NTT Urban Development  (OTCPK:NTUBF) 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: Sep. 2018 )
=Net Income/Total Stockholders Equity
=203.86/2154.3075
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(203.86 / 1505.832)*(1505.832 / 8945.186)*(8945.186 / 2154.3075)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.54 %*0.1683*4.1522
=ROA %*Equity Multiplier
=2.28 %*4.1522
=9.46 %

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: Sep. 2018 )
=Net Income/Total Stockholders Equity
=203.86/2154.3075
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (203.86 / 324.54) * (324.54 / 368.5) * (368.5 / 1505.832) * (1505.832 / 8945.186) * (8945.186 / 2154.3075)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6282 * 0.8807 * 24.47 % * 0.1683 * 4.1522
=9.46 %

Note: The net income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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.


NTT Urban Development ROE % Related Terms

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NTT Urban Development (NTT Urban Development) Business Description

Traded in Other Exchanges
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Address
NTT Urban Development Corp is a real estate company located in Japan. Its business activities include acquisition, disposition and management of real estate, construction and sale of residences, information gathering, management and research related to civil engineering, construction and real estate and real estate leasing, brokerage and appraisal. The company's global business is centered around United Kingdom, United States, Asia and Oceania region.

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