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Aman Real Estate (MUS:AMAN) Return-on-Tangible-Asset : 0.00% (As of . 20)


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What is Aman Real Estate 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. Aman Real Estate's annualized Net Income for the quarter that ended in . 20 was ر.ع Mil. Aman Real Estate's average total tangible assets for the quarter that ended in . 20 was ر.ع Mil. Therefore, Aman Real Estate's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

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

MUS:AMAN's Return-on-Tangible-Asset is not ranked *
in the REITs industry.
Industry Median: 2.66
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Aman Real Estate Return-on-Tangible-Asset Historical Data

The historical data trend for Aman Real Estate'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.

Aman Real Estate Return-on-Tangible-Asset Chart

Aman Real Estate Annual Data
Trend
Return-on-Tangible-Asset

Aman Real Estate Semi-Annual Data
Return-on-Tangible-Asset

Competitive Comparison of Aman Real Estate's Return-on-Tangible-Asset

For the REIT - Industrial subindustry, Aman Real Estate'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.


Aman Real Estate's Return-on-Tangible-Asset Distribution in the REITs Industry

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

* The bar in red indicates where Aman Real Estate's Return-on-Tangible-Asset falls into.



Aman Real Estate Return-on-Tangible-Asset Calculation

Aman Real Estate's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

Aman Real Estate's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 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 one times the annual (. 20) net income data.


Aman Real Estate  (MUS:AMAN) 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.


Aman Real Estate Return-on-Tangible-Asset Related Terms

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


Aman Real Estate Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
P.O. Box 100, Muscat, OMN, 250
Aman Real Estate operates as a closed-ended Shariah-compliant real estate investment fund. The objectives of the fund are to provide an opportunity to invest in developed real estate light industry assets that will provide recurring income through rental income and capital growth on the back of growth in the industrial sector in Oman.

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