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Brookfield Office Properties (TSX:BPO.PR.J.PFD) Return-on-Tangible-Equity : 4.04% (As of Mar. 2016)


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What is Brookfield Office Properties 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. Brookfield Office Properties's annualized net income for the quarter that ended in Mar. 2016 was C$804.14 Mil. Brookfield Office Properties's average shareholder tangible equity for the quarter that ended in Mar. 2016 was C$19,919.41 Mil. Therefore, Brookfield Office Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2016 was 4.04%.

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

TSX:BPO.PR.J.PFD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.6   Med: 14.1   Max: 30.07
Current: 11.51

During the past 13 years, Brookfield Office Properties's highest Return-on-Tangible-Equity was 30.07%. The lowest was 6.60%. And the median was 14.10%.

TSX:BPO.PR.J.PFD's Return-on-Tangible-Equity is not ranked
in the Real Estate industry.
Industry Median: 3.16 vs TSX:BPO.PR.J.PFD: 11.51

Brookfield Office Properties Return-on-Tangible-Equity Historical Data

The historical data trend for Brookfield Office Properties'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.

Brookfield Office Properties Return-on-Tangible-Equity Chart

Brookfield Office Properties Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.93 11.73 9.50 20.99 16.47

Brookfield Office Properties Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 19.18 24.14 4.89 13.73 4.04

Competitive Comparison of Brookfield Office Properties's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Brookfield Office Properties'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.


Brookfield Office Properties's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

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



Brookfield Office Properties Return-on-Tangible-Equity Calculation

Brookfield Office Properties's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=2952.409/( (15599.336+20244.502 )/ 2 )
=2952.409/17921.919
=16.47 %

Brookfield Office Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2016 )  (Q: Dec. 2015 )(Q: Mar. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2016 )  (Q: Dec. 2015 )(Q: Mar. 2016 )
=804.14/( (20244.502+19594.319)/ 2 )
=804.14/19919.4105
=4.04 %

* 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. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Brookfield Office Properties  (TSX:BPO.PR.J.PFD) 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.


Brookfield Office Properties Return-on-Tangible-Equity Related Terms

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Brookfield Office Properties (TSX:BPO.PR.J.PFD) Business Description

Address
181 Bay Street, Suite 330, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Brookfield Office Properties Inc is a real estate investment firm. It acts as owner, operator, and developer of office and multifamily assets. The office property division defines the skylines of dynamic cities around the world, including gateway cities such as New York, London, Berlin, Toronto, and Sydney and the multifamily business owns, develops, renovates and manages approximately 40,000 high-quality rental apartment buildings in supply constrained markets of major cities such as New York and London, as well as high growth markets in the suburban U.S. In addition, it caters to tenants in financial services, government, and energy and resource sectors.

Brookfield Office Properties (TSX:BPO.PR.J.PFD) Headlines

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