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Mori Trust Reit (Mori Trust Reit) Return-on-Tangible-Equity : 3.78% (As of Sep. 2022)


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What is Mori Trust Reit Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Mori Trust Reit's annualized net income for the quarter that ended in Sep. 2022 was $46.50 Mil. Mori Trust Reit's average shareholder tangible equity for the quarter that ended in Sep. 2022 was $1,229.58 Mil. Therefore, Mori Trust Reit's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was 3.78%.

The historical rank and industry rank for Mori Trust Reit's Return-on-Tangible-Equity or its related term are showing as below:

MRGIF's Return-on-Tangible-Equity is not ranked *
in the REITs industry.
Industry Median: 4.5
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Mori Trust Reit Return-on-Tangible-Equity Historical Data

The historical data trend for Mori Trust Reit's Return-on-Tangible-Equity 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.

Mori Trust Reit Return-on-Tangible-Equity Chart

Mori Trust Reit Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.93 6.22 6.34 6.21 4.28

Mori Trust Reit Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Feb24
Return-on-Tangible-Equity 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 6.30 6.25 5.46 3.78 8.73

Competitive Comparison of Mori Trust Reit's Return-on-Tangible-Equity

For the REIT - Office subindustry, Mori Trust Reit's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Mori Trust Reit's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mori Trust Reit's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Mori Trust Reit's Return-on-Tangible-Equity falls into.



Mori Trust Reit Return-on-Tangible-Equity Calculation

Mori Trust Reit's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2022 )  (A: Sep. 2021 )(A: Sep. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2022 )  (A: Sep. 2021 )(A: Sep. 2022 )
=54.916/( (1453.384+1110.18 )/ 2 )
=54.916/1281.782
=4.28 %

Mori Trust Reit's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2022 )  (Q: Mar. 2022 )(Q: Sep. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Mar. 2022 )(Q: Sep. 2022 )
=46.498/( (1348.972+1110.18)/ 2 )
=46.498/1229.576
=3.78 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Sep. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Mori Trust Reit  (OTCPK:MRGIF) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Mori Trust Reit Return-on-Tangible-Equity Related Terms

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Mori Trust Reit (Mori Trust Reit) Business Description

Traded in Other Exchanges
Address
3-1 Toranomon 4-chome, Minato-ku, Tokyo, JPN
Mori Trust Reit Inc is a real estate investment trust company. Its objective is to achieve sustainable growth and stable earnings from mid- to long-term perspectives. It invests in office buildings, commercial facilities, housings, and hotels. The company owns more than 10 properties in and around Central Tokyo and others. The company generates its revenue from its leasing business.

Mori Trust Reit (Mori Trust Reit) Headlines

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