GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Power REIT (AMEX:PW) » Definitions » Return-on-Tangible-Equity
中文

Power REIT (Power REIT) Return-on-Tangible-Equity

: -24.96% (As of Dec. 2023)
View and export this data going back to 1980. Start your Free Trial

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. Power REIT's annualized net income for the quarter that ended in Dec. 2023 was $-7.25 Mil. Power REIT's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $29.04 Mil. Therefore, Power REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -24.96%.

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

PW' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -41.17   Med: 7.17   Max: 20.36
Current: -39.77

During the past 13 years, Power REIT's highest Return-on-Tangible-Equity was 20.36%. The lowest was -41.17%. And the median was 7.17%.

PW's Return-on-Tangible-Equity is ranked worse than
98.37% of 798 companies
in the REITs industry
Industry Median: 4.58 vs PW: -39.77

Power REIT Return-on-Tangible-Equity Historical Data

The historical data trend for Power 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.

Power REIT 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 10.62 20.36 15.31 -29.43 -41.17

Power REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -135.81 -3.27 -21.63 -115.61 -24.96

Competitive Comparison

For the REIT - Specialty subindustry, Power 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.


Power REIT Return-on-Tangible-Equity Distribution

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

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



Power REIT Return-on-Tangible-Equity Calculation

Power REIT'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 )
=-14.366/( (41.518+28.266 )/ 2 )
=-14.366/34.892
=-41.17 %

Power REIT'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: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-7.248/( (29.805+28.266)/ 2 )
=-7.248/29.0355
=-24.96 %

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


Power REIT  (AMEX:PW) 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.


Power REIT Return-on-Tangible-Equity Related Terms

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


Power REIT (Power REIT) Business Description

Industry
Traded in Other Exchanges
Address
301 Winding Road, Old Bethpage, NY, USA, 11804
Power REIT is a real estate investment trust (REIT) that owns real estate related to properties for Controlled Environment Agriculture, Renewable Energy and Transportation. The company is actively seeking to expand its real estate portfolio related to Controlled Environment Agriculture for the cultivation of food and cannabis. The company is focused on CEA in the form of a greenhouse which uses dramatically less energy than indoor growing, 95% less water usage than outdoor growing and does not have any agricultural runoff of fertilizers or pesticides. To date, its greenhouse properties are operated for the cultivation of cannabis by state-licensed operators.
Executives
Dionisio D'aguilar director 301 WINDING ROAD, OLD BETHPAGE NY 11804
Virgil E Wenger director 450 MIDDLESEX RD, DARIEN CT 06820-2519
Haynes Patrick R Iii director 1111 W STREET, NW, APARTMENT #1, WASHINGTON DC DC 20009
Paula Poskon director 2529 VIRGINIA BEACH BLVD., VIRGINIA BEACH VA 23452
Susan Hollander officer: Chief Accounting Officer 21 PASTURE LANE, OLD BETHPAGE NY 11804
David H Lesser director, 10 percent owner, officer: Chairman and CEO 301 WINDING ROAD, OLD BETHPAGE NY 11804
Justinian Hobor director 1358 W. GREENLEAF AVE., APT. 3S, CHICAGO IL 60626
William Susman director 3 EAST 84TH STREET, NEW YORK NY 10028
Arun Mittal officer: Corporate Secretary, Treasurer 2631 MEADOW HALL DRIVE, HERNDON VA 20171