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IMPACT Growth Real Estate Investment Trust (BKK:IMPACT) Return-on-Tangible-Asset : 5.03% (As of Mar. 2025)


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What is IMPACT Growth Real Estate Investment Trust Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. IMPACT Growth Real Estate Investment Trust's annualized Net Income for the quarter that ended in Mar. 2025 was ฿1,052 Mil. IMPACT Growth Real Estate Investment Trust's average total tangible assets for the quarter that ended in Mar. 2025 was ฿20,923 Mil. Therefore, IMPACT Growth Real Estate Investment Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 5.03%.

The historical rank and industry rank for IMPACT Growth Real Estate Investment Trust's Return-on-Tangible-Asset or its related term are showing as below:

BKK:IMPACT' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.79   Med: 5.08   Max: 6.37
Current: 5.28

During the past 11 years, IMPACT Growth Real Estate Investment Trust's highest Return-on-Tangible-Asset was 6.37%. The lowest was 0.79%. And the median was 5.08%.

BKK:IMPACT's Return-on-Tangible-Asset is ranked better than
73.77% of 934 companies
in the REITs industry
Industry Median: 2.865 vs BKK:IMPACT: 5.28

IMPACT Growth Real Estate Investment Trust Return-on-Tangible-Asset Historical Data

The historical data trend for IMPACT Growth Real Estate Investment Trust's Return-on-Tangible-Asset 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.

IMPACT Growth Real Estate Investment Trust Return-on-Tangible-Asset Chart

IMPACT Growth Real Estate Investment Trust Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.20 0.79 4.70 4.14 5.28

IMPACT Growth Real Estate Investment Trust Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset 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 2.78 7.30 3.47 5.32 5.03

Competitive Comparison of IMPACT Growth Real Estate Investment Trust's Return-on-Tangible-Asset

For the REIT - Specialty subindustry, IMPACT Growth Real Estate Investment Trust's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


IMPACT Growth Real Estate Investment Trust's Return-on-Tangible-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, IMPACT Growth Real Estate Investment Trust's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where IMPACT Growth Real Estate Investment Trust's Return-on-Tangible-Asset falls into.


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IMPACT Growth Real Estate Investment Trust Return-on-Tangible-Asset Calculation

IMPACT Growth Real Estate Investment Trust's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=1100.055/( (20710.867+20940.128)/ 2 )
=1100.055/20825.4975
=5.28 %

IMPACT Growth Real Estate Investment Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=1051.648/( (20904.889+20940.128)/ 2 )
=1051.648/20922.5085
=5.03 %

* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2025) net income data.


IMPACT Growth Real Estate Investment Trust  (BKK:IMPACT) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


IMPACT Growth Real Estate Investment Trust Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of IMPACT Growth Real Estate Investment Trust's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


IMPACT Growth Real Estate Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
New Geneva Industry Condominium Popular Road 3, No. 47/569-576 Moo 3, Floor 10, Banmai Subdistrict,Pakkred District, Nonthaburi, THA, 11120
IMPACT Growth Real Estate Investment Trust is a real estate investment trust that owns, operates, and manages facilities and utility systems that make up the Impact Muang Thong Thani complex in Thailand. The Impact Muang Thong Thani is an exhibition and convention center venue in Asia. Collectively, it contains the Impact Arena, Impact Exhibition Center, and Impact Forum. Impact Growth REIT's properties host a variety of tenants, including public-sector, private-sector, and international private-sector entities. The real estate investment trust derives the vast majority of its revenue from renting out the massive venue to clients hosting events. The remainder of its income comes from media fees, long-term rentals, and parking income from the convention center.

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