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Schroder European Real Estate Investment Trust (JSE:SCD) Return-on-Tangible-Asset : 2.20% (As of Sep. 2024)


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What is Schroder European 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. Schroder European Real Estate Investment Trust's annualized Net Income for the quarter that ended in Sep. 2024 was R107.72 Mil. Schroder European Real Estate Investment Trust's average total tangible assets for the quarter that ended in Sep. 2024 was R4,891.61 Mil. Therefore, Schroder European Real Estate Investment Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was 2.20%.

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

JSE:SCD' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.55   Med: 3.01   Max: 10.78
Current: 0.21

During the past 10 years, Schroder European Real Estate Investment Trust's highest Return-on-Tangible-Asset was 10.78%. The lowest was -3.55%. And the median was 3.01%.

JSE:SCD's Return-on-Tangible-Asset is ranked worse than
75.89% of 929 companies
in the REITs industry
Industry Median: 2.88 vs JSE:SCD: 0.21

Schroder European Real Estate Investment Trust Return-on-Tangible-Asset Historical Data

The historical data trend for Schroder European 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.

Schroder European Real Estate Investment Trust Return-on-Tangible-Asset Chart

Schroder European Real Estate Investment Trust Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.62 2.08 5.13 -3.85 0.23

Schroder European Real Estate Investment Trust Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 2.32 -6.92 -0.57 -1.76 2.20

Competitive Comparison of Schroder European Real Estate Investment Trust's Return-on-Tangible-Asset

For the REIT - Diversified subindustry, Schroder European 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.


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

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

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


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Schroder European Real Estate Investment Trust Return-on-Tangible-Asset Calculation

Schroder European Real Estate Investment Trust's annualized Return-on-Tangible-Asset for the fiscal year that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=11.229/( (5163.731+4767.703)/ 2 )
=11.229/4965.717
=0.23 %

Schroder European Real Estate Investment Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=107.716/( (5015.523+4767.703)/ 2 )
=107.716/4891.613
=2.20 %

* 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 two times the semi-annual (Sep. 2024) net income data.


Schroder European Real Estate Investment Trust  (JSE:SCD) 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.


Schroder European Real Estate Investment Trust Return-on-Tangible-Asset Related Terms

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Schroder European Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
1 London Wall Place, London, GBR, EC2Y 5AU
Schroder European Real Estate Investment Trust PLC is a closed-ended real estate investment company. The investment objective of the company is to provide Shareholders with a regular and attractive level of income return together with the potential for long-term income and capital growth through investing in commercial real estate in Continental Europe. The company may invest directly in real estate assets both listed and unlisted or through investment in special purpose vehicles, partnerships, trusts, or other structures. The group is engaged in a single segment of business, property investment, and in one geographical area, continental Europe.

Schroder European Real Estate Investment Trust Headlines

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