GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CapitaLand Investment Ltd (SGX:9CI) » Definitions » Return-on-Tangible-Equity

CapitaLand Investment (SGX:9CI) Return-on-Tangible-Equity : -2.52% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is CapitaLand Investment 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. CapitaLand Investment's annualized net income for the quarter that ended in Dec. 2023 was S$-340 Mil. CapitaLand Investment's average shareholder tangible equity for the quarter that ended in Dec. 2023 was S$13,473 Mil. Therefore, CapitaLand Investment's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -2.52%.

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

SGX:9CI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.79   Med: 5.77   Max: 11.95
Current: 1.31

During the past 5 years, CapitaLand Investment's highest Return-on-Tangible-Equity was 11.95%. The lowest was -4.79%. And the median was 5.77%.

SGX:9CI's Return-on-Tangible-Equity is ranked worse than
59.59% of 1767 companies
in the Real Estate industry
Industry Median: 3.12 vs SGX:9CI: 1.31

CapitaLand Investment Return-on-Tangible-Equity Historical Data

The historical data trend for CapitaLand Investment'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.

CapitaLand Investment Return-on-Tangible-Equity Chart

CapitaLand Investment Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
11.95 -4.79 10.10 5.77 1.31

CapitaLand Investment Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial 8.38 5.73 5.87 4.99 -2.52

Competitive Comparison of CapitaLand Investment's Return-on-Tangible-Equity

For the Real Estate Services subindustry, CapitaLand Investment'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.


CapitaLand Investment's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

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



CapitaLand Investment Return-on-Tangible-Equity Calculation

CapitaLand Investment'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 )
=181/( (14387+13180 )/ 2 )
=181/13783.5
=1.31 %

CapitaLand Investment'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 )
=-340/( (13765+13180)/ 2 )
=-340/13472.5
=-2.52 %

* 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.


CapitaLand Investment  (SGX:9CI) 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.


CapitaLand Investment Return-on-Tangible-Equity Related Terms

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


CapitaLand Investment (SGX:9CI) Business Description

Traded in Other Exchanges
Address
168 Robinson Road, No.30-01 Capital Tower, Singapore, SGP, 068912
CapitaLand Investment, or CLI, is a Singapore-headquartered real estate investment management company with SGD 133 billion in total asset under management. The company has two core business segments: real estate investment and fee income-related business. The majority of its earnings are derived from its real estate investment business where it invests in a portfolio of office, retail, lodging, logistics, business parks, and data center assets for rental income. The firm also derives fee income from lodging management and management of underlying assets in investment vehicles such as an unlisted fund or REIT on behalf of its capital partners.

CapitaLand Investment (SGX:9CI) Headlines

No Headlines