The historical rank and industry rank for Ajial Real Estate & Entertainment Co's Return-on-Tangible-Equity or its related term are showing as below:
KUW:AREEC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.39 Med: 1.82 Max: 4.01
Current: 4.01
During the past 13 years, Ajial Real Estate & Entertainment Co's highest Return-on-Tangible-Equity was 4.01%. The lowest was 0.39%. And the median was 1.82%.
KUW:AREEC's Return-on-Tangible-Equity is ranked better than 55.54% of 1761
companies
in the Real Estate industry
Industry Median: 2.8
vs KUW:AREEC: 4.01
Ajial Real Estate & Entertainment Co Return-on-Tangible-Equity Historical Data
* 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.
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Ajial Real Estate & Entertainment Co Return-on-Tangible-Equity Chart
Competitive Comparison of Ajial Real Estate & Entertainment Co's Return-on-Tangible-Equity
For the Real Estate Services subindustry, Ajial Real Estate & Entertainment Co'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.
Ajial Real Estate & Entertainment Co's Return-on-Tangible-Equity Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Ajial Real Estate & Entertainment Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ajial Real Estate & Entertainment Co's Return-on-Tangible-Equity falls into.
Ajial Real Estate & Entertainment Co Return-on-Tangible-Equity Calculation
* 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 four times the quarterly (Mar. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Ajial Real Estate & Entertainment Co (KUW:AREEC) 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.
Ajial Real Estate & Entertainment Co Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Ajial Real Estate & Entertainment Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Ajial Real Estate & Entertainment Co (KUW:AREEC) Business Description
Ajial Real Estate & Entertainment Co is a real estate company. Its activities include buying and selling lands, renting and selling of real estate domestically and outside Kuwait, establishing and maintaining residential complexes, the building of commercial markets and entertainment centres, touristic facilities and special accommodations, provide contracting services and trading of building materials. The company's segments include Real estate investing activities that invests and trades in real estate and construction or development of real estate for the sale; and Equities and other investing activities that invest in financial and real estate funds and manages the group's liquidity requirements.
Ajial Real Estate & Entertainment Co (KUW:AREEC) Headlines
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