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London & Associated Properties (LSE:LAS) Return-on-Tangible-Asset : -0.84% (As of Dec. 2024)


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What is London & Associated Properties 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. London & Associated Properties's annualized Net Income for the quarter that ended in Dec. 2024 was £-0.86 Mil. London & Associated Properties's average total tangible assets for the quarter that ended in Dec. 2024 was £101.62 Mil. Therefore, London & Associated Properties's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -0.84%.

The historical rank and industry rank for London & Associated Properties's Return-on-Tangible-Asset or its related term are showing as below:

LSE:LAS' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.25   Med: -1.43   Max: 5.41
Current: -0.37

During the past 13 years, London & Associated Properties's highest Return-on-Tangible-Asset was 5.41%. The lowest was -6.25%. And the median was -1.43%.

LSE:LAS's Return-on-Tangible-Asset is ranked worse than
68.4% of 1807 companies
in the Real Estate industry
Industry Median: 1.41 vs LSE:LAS: -0.37

London & Associated Properties Return-on-Tangible-Asset Historical Data

The historical data trend for London & Associated Properties'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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London & Associated Properties Return-on-Tangible-Asset Chart

London & Associated Properties Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.25 -0.15 2.46 -3.57 -0.38

London & Associated Properties Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -2.72 -5.26 -1.65 0.11 -0.84

Competitive Comparison of London & Associated Properties's Return-on-Tangible-Asset

For the Real Estate Services subindustry, London & Associated Properties'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.


London & Associated Properties's Return-on-Tangible-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, London & Associated Properties's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where London & Associated Properties's Return-on-Tangible-Asset falls into.


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London & Associated Properties Return-on-Tangible-Asset Calculation

London & Associated Properties's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-0.373/( (97.641+100.062)/ 2 )
=-0.373/98.8515
=-0.38 %

London & Associated Properties's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=-0.856/( (103.176+100.062)/ 2 )
=-0.856/101.619
=-0.84 %

* 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.


London & Associated Properties  (LSE:LAS) 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.


London & Associated Properties Return-on-Tangible-Asset Related Terms

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London & Associated Properties Business Description

Traded in Other Exchanges
N/A
Address
12 Little Portland Street, 2nd Floor, London, GBR, W1W 8BJ
London & Associated Properties PLC is a property investment company specializing in retail. It directly owns a portfolio of shopping centres and other retail properties. The company also invests in joint ventures with institutional co-owners. Its business segments include LAP operations, Bisichi operations, which derive maximum revenue, and Dragon operations. LAP is focused on property activities, but it also holds and manages investments. Bisichi is a coal mining company with operations in South Africa and also holds investment property in the UK and derives income from property rentals. The Dragon Retail Property segment includes a property investment company and derives its income from property rentals. All the operations function through the UK region.

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