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. Lendlease Group's annualizedNet Income for the quarter that ended in Dec. 2024 was $61 Mil. Lendlease Group's average total tangible assets for the quarter that ended in Dec. 2024 was $10,062 Mil. Therefore, Lendlease Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 0.60%.
The historical rank and industry rank for Lendlease Group's Return-on-Tangible-Asset or its related term are showing as below:
LLESY'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.09 Med: 2.19 Max: 4.53
Current: -8.25
During the past 13 years, Lendlease Group's highest Return-on-Tangible-Asset was 4.53%. The lowest was -9.09%. And the median was 2.19%.
LLESY's Return-on-Tangible-Asset is ranked worse than 89.7% of 1806
companies
in the Real Estate industry
Industry Median: 1.4
vs LLESY: -8.25
Lendlease Group Return-on-Tangible-Asset Historical Data
The historical data trend for Lendlease Group'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.
Competitive Comparison of Lendlease Group's Return-on-Tangible-Asset
For the Real Estate - Diversified subindustry, Lendlease Group'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.
Lendlease Group's Return-on-Tangible-Asset Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Lendlease Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lendlease Group's Return-on-Tangible-Asset falls into.
* 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 (Dec. 2024) net income data.
Lendlease Group (OTCPK:LLESY) 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 companys 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 companys 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.
Lendlease Group Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Lendlease Group's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Lendlease has three segments: investments, development, and construction. Lendlease operates locally and overseas across all three segments. However, in the future, its development and construction businesses will be solely in Australia, while the investment management platform will maintain exposure to international real estate assets. Historically, the investments segment contributed about one-third of group EBITDA, development around half, and construction the remaining. The group is targeting an earnings mix between investments/development/construction of 50%/35%/15% post the current restructure, shifting more weights to the defensive and higher margin investments segment. Sales proceeds from asset divestments will primarily be used to repay debt and buy back securities.
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