Raven Property Group (JSE:RAV) Net Income: R1,154 Mil (TTM As of Jun. 2021)

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What is Raven Property Group Net Income?

Raven Property Group JSE:RAV Net Income is R1,154 Mil as of Jun. 2021.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Raven Property Group's Net Income for the six months ended in Jun. 2021 was R803 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2021 was R1,154 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Raven Property Group's Earnings per Share (Diluted) for the six months ended in Jun. 2021 was R1.42.


Raven Property Group  (JSE:RAV) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Raven Property Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2021 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Raven Property Group Net Income Related Terms


Raven Property Group Net Income Historical Data

* Premium members only.

The historical data trend for Raven Property Group's Net Income 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.

Raven Property Group Net Income Chart

Raven Property Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.08 757.06 -2,177.97 868.64 -283.17

Raven Property Group Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Net Income 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 484.60 373.80 -679.96 351.06 803.29

Raven Property Group Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Raven Property Group's Net Income for the fiscal year that ended in Dec. 2020 is calculated as

Net Income(A: Dec. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=19.522+-302.697+0+0.0010000000000332
=-283

Raven Property Group's Net Income for the quarter that ended in Jun. 2021 is calculated as

Net Income(Q: Jun. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=971.127+-167.835+0+-0.00099999999986267
=803

Net Income for the trailing twelve months (TTM) ended in Jun. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was R1,154 Mil.

* 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of R1,154 Mil mean?
Raven Property Group (JSE:RAV) has a Net Income of R1,154 Mil as of Jun. 2021. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Raven Property Group and its competitors.
Is Raven Property Group's Net Income too high?
Raven Property Group's current Net Income is R1,154 Mil.
How does Raven Property Group's Net Income compare to CSGP and CBRE?
Raven Property Group's Net Income of R1,154 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Real Estate company?
A good Net Income depends on the Real Estate industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Raven Property Group and its competitors. Raven Property Group's current Net Income is R1,154 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raven Property Group stock overvalued right now?
Raven Property Group (JSE:RAV) has a current Net Income of R1,154 Mil. The current Net Income is R1,154 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Raven Property Group (JSE:RAV), the current Net Income is R1,154 Mil as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Raven Property Group Business Description

Address La Vieille Cour, P.O. Box 522, La Plaiderie, Second Floor, St Peter Port, GGY, GY1 6EH
Raven Property Group Ltd, along with its subsidiaries, operates as a property investment group specializing in commercial real estate in Russia. The business activity of the group functions through three operating segments: Property Investment, Roslogistics, and Raven Mount. The Property Investment segment acquires, develops, and leases commercial property in Russia; the Roslogistics segment is engaged in the provision of warehousing, transport, customs brokerage, and related services in Russia; and Raven Mount looks into the sale of residential property in the UK. It generates most of its revenues through the rent of its Moscow properties from the Property Investment segment.