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Gramercy Property Trust (FRA:GGU1) Return-on-Tangible-Asset : 0.33% (As of Sep. 2015)


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What is Gramercy Property 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. Gramercy Property Trust's annualized Net Income for the quarter that ended in Sep. 2015 was €7.09 Mil. Gramercy Property Trust's average total tangible assets for the quarter that ended in Sep. 2015 was €2,174.97 Mil. Therefore, Gramercy Property Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2015 was 0.33%.

The historical rank and industry rank for Gramercy Property Trust's Return-on-Tangible-Asset or its related term are showing as below:

FRA:GGU1' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -16.74   Med: 2.87   Max: 27.95
Current: -0.19

During the past 11 years, Gramercy Property Trust's highest Return-on-Tangible-Asset was 27.95%. The lowest was -16.74%. And the median was 2.87%.

FRA:GGU1's Return-on-Tangible-Asset is not ranked
in the REITs industry.
Industry Median: 2.28 vs FRA:GGU1: -0.19

Gramercy Property Trust Return-on-Tangible-Asset Historical Data

The historical data trend for Gramercy Property 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.

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Gramercy Property Trust Return-on-Tangible-Asset Chart

Gramercy Property Trust Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.74 8.74 -7.77 27.98 5.66

Gramercy Property Trust Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -0.91 -1.71 - -0.05 0.33

Competitive Comparison of Gramercy Property Trust's Return-on-Tangible-Asset

For the REIT - Diversified subindustry, Gramercy Property 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.


Gramercy Property Trust's Return-on-Tangible-Asset Distribution in the REITs Industry

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

* The bar in red indicates where Gramercy Property Trust's Return-on-Tangible-Asset falls into.



Gramercy Property Trust Return-on-Tangible-Asset Calculation

Gramercy Property Trust's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2014 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=44.528/( (358.914+1213.386)/ 2 )
=44.528/786.15
=5.66 %

Gramercy Property Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2015 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2015 )  (Q: Jun. 2015 )(Q: Sep. 2015 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2015 )  (Q: Jun. 2015 )(Q: Sep. 2015 )
=7.092/( (2168.713+2181.225)/ 2 )
=7.092/2174.969
=0.33 %

* 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 (Sep. 2015) net income data.


Gramercy Property Trust  (FRA:GGU1) 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.


Gramercy Property Trust Return-on-Tangible-Asset Related Terms

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Gramercy Property Trust (FRA:GGU1) Business Description

Traded in Other Exchanges
N/A
Address
Gramercy Property Trust Inc, formerly Gramercy Capital Corporation was formed in April 2004 as a Maryland corporation and it completed the initial public offering in August 2004. The Company is a self-managed, integrated commercial real estate investment and asset management company. Its business is segmented into two segments - Realty/Corporate, Asset Management. The Realty/Corporate segment includes activities related to investment and ownership of commercial properties with credit grade tenants throughout the United States. The Realty/Corporate segment generates revenues from rental revenues from properties that kit owns. The Asset Management segment includes activities related to third-party asset and property management of commercial properties leased primarily to financial institutions and affiliated users throughout the United States. The Asset Management segment generates revenues from fee income related to the Management Agreement with KBS and from its Joint Venture with Garrison. As of December 31, 2012, the Company owned directly or in joint venture, a portfolio of 116 office and industrial buildings totaling approximately 4.9 million square feet, net leased on a long-term basis to tenants, including Bank of America, Nestlé Waters, Philips Electronics and others. Its asset and property management business operates under the name Gramercy Asset Management. It currently manages approximately $1.7 billion of commercial properties leased primarily to regulated financial institutions and affiliated users throughout the United States. Additionally, it has a commercial real estate finance business which operates under the name Gramercy Finance. It manages approximately $1.7 billion of whole loans, bridge loans, subordinate interests in whole loans, mezzanine loans, preferred equity and commercial mortgage-backed securities and other real estate securities which are financed through three non-recourse CDOs. It primarily competes with other REITs, specialty finance companies, insurance companies, mutual funds, hedge funds, institutional investors, investment banking firms, private equity firms, and other entities.

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