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Forest City Realty Trust (Forest City Realty Trust) Return-on-Tangible-Asset : 21.73% (As of Sep. 2018)


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What is Forest City Realty Trust Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Forest City Realty Trust's annualized Net Income for the quarter that ended in Sep. 2018 was $1,788.7 Mil. Forest City Realty Trust's average total tangible assets for the quarter that ended in Sep. 2018 was $8,232.4 Mil. Therefore, Forest City Realty Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2018 was 21.73%.

The historical rank and industry rank for Forest City Realty Trust's Return-on-Tangible-Asset or its related term are showing as below:

FCE.B's Return-on-Tangible-Asset is not ranked *
in the REITs industry.
Industry Median: 2.26
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Forest City Realty Trust Return-on-Tangible-Asset Historical Data

The historical data trend for Forest City Realty Trust's Return-on-Tangible-Asset 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.

Forest City Realty Trust Return-on-Tangible-Asset Chart

Forest City Realty Trust Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 -0.08 5.37 -1.77 2.57

Forest City Realty Trust Quarterly Data
Oct13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Return-on-Tangible-Asset 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 0.27 5.12 10.04 3.46 21.73

Competitive Comparison of Forest City Realty Trust's Return-on-Tangible-Asset

For the REIT - Retail subindustry, Forest City Realty Trust's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Forest City Realty Trust's Return-on-Tangible-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Forest City Realty Trust's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Forest City Realty Trust's Return-on-Tangible-Asset falls into.



Forest City Realty Trust Return-on-Tangible-Asset Calculation

Forest City Realty Trust's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2017 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=206.03/( (8094.035+7956.501)/ 2 )
=206.03/8025.268
=2.57 %

Forest City Realty Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2018 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2018 )  (Q: Jun. 2018 )(Q: Sep. 2018 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2018 )  (Q: Jun. 2018 )(Q: Sep. 2018 )
=1788.692/( (7888.508+8576.346)/ 2 )
=1788.692/8232.427
=21.73 %

* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets 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.


Forest City Realty Trust  (NYSE:FCE.B) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Forest City Realty Trust Return-on-Tangible-Asset Related Terms

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Forest City Realty Trust (Forest City Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
Forest City Realty Trust Inc is engaged in the ownership, development, management and acquisition of commercial and residential real estate and land throughout the United States. The company's segments include the Commercial Group, Residential Group, Land Development Group and Corporate Activities. It operates mixed-use projects such as residential rental properties, regional malls, specialty/urban retail centers, office and life science buildings and others. In addition, it also engaged in acquiring and sale of both land and developed lots to residential, commercial and industrial clients. Revenue for the group is derived from the source of rental, service and management fees and land sales.