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Hammerson (Hammerson) Return-on-Tangible-Equity : -4.00% (As of Dec. 2023)


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What is Hammerson 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. Hammerson's annualized net income for the quarter that ended in Dec. 2023 was $-127.1 Mil. Hammerson's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $3,180.3 Mil. Therefore, Hammerson's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -4.00%.

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

HMSNF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -45.74   Med: -3.36   Max: 15.48
Current: -2.02

During the past 13 years, Hammerson's highest Return-on-Tangible-Equity was 15.48%. The lowest was -45.74%. And the median was -3.36%.

HMSNF's Return-on-Tangible-Equity is ranked worse than
76.44% of 798 companies
in the REITs industry
Industry Median: 4.535 vs HMSNF: -2.02

Hammerson Return-on-Tangible-Equity Historical Data

The historical data trend for Hammerson'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.

Hammerson Return-on-Tangible-Equity Chart

Hammerson Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.23 -46.40 -14.33 -5.88 -2.08

Hammerson Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -3.76 3.49 -15.84 -0.09 -4.00

Competitive Comparison of Hammerson's Return-on-Tangible-Equity

For the REIT - Retail subindustry, Hammerson'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.


Hammerson's Return-on-Tangible-Equity Distribution in the REITs Industry

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

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



Hammerson Return-on-Tangible-Equity Calculation

Hammerson's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-65.063/( (3150.305+3117.215 )/ 2 )
=-65.063/3133.76
=-2.08 %

Hammerson's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=-127.088/( (3243.308+3117.215)/ 2 )
=-127.088/3180.2615
=-4.00 %

* 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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Hammerson  (OTCPK:HMSNF) 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.


Hammerson Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Hammerson's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Hammerson (Hammerson) Business Description

Industry
Traded in Other Exchanges
Address
66 Seymour Street, Marble Arch House, London, GBR, W1H 5BX
Hammerson PLC is a real estate investment trust based in the United Kingdom. The company invests in, manages, and develops retail properties in Europe. The REIT's portfolio includes shopping centers, retail parks, outlets, and development projects. The company categorizes its operations into three segments based on geography: the United Kingdom segment, which delivers the majority of total revenue, the France segment, and the Ireland segment. The company generates revenue mainly from leasing its properties to retail tenants.

Hammerson (Hammerson) Headlines

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