The historical rank and industry rank for Aliansce Sonae Shopping Centers's Return-on-Tangible-Asset or its related term are showing as below:
SORRF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.29 Med: 2.18 Max: 17.51
Current: 1.86
During the past 13 years, Aliansce Sonae Shopping Centers's highest Return-on-Tangible-Asset was 17.51%. The lowest was 0.29%. And the median was 2.18%.
SORRF's Return-on-Tangible-Asset is ranked better than 56.99% of 1830
companies
in the Real Estate industry
Industry Median: 1.155
vs SORRF: 1.86
Aliansce Sonae Shopping Centers Return-on-Tangible-Asset Historical Data
* 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 Aliansce Sonae Shopping Centers's Return-on-Tangible-Asset
For the Real Estate Services subindustry, Aliansce Sonae Shopping Centers'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.
Aliansce Sonae Shopping Centers's Return-on-Tangible-Asset Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Aliansce Sonae Shopping Centers's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Aliansce Sonae Shopping Centers'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 four times the quarterly (Mar. 2024) net income data.
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.
Aliansce Sonae Shopping Centers Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Aliansce Sonae Shopping Centers's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Aliansce Sonae Shopping Centers (Aliansce Sonae Shopping Centers) Business Description
ALLOS SA Formerly Aliansce Sonae Shopping Centers SA is a full-service company engaged in investing, directly or indirectly in commercial centers, shopping malls, and similar ventures, and in other companies as a partner or stockholder, as well as rendering commercial advisory services, and management of shopping malls and condominiums. It has three operating segments; Rent refers to the operating leases of the shopping malls that include rent, assignment of the right of use, and transfer fee revenue, Parking lot refers to the operation of the parking lot of the shopping mall, and Rendering of services involves the trading, rental, and condominium management and development/planning services carried out in shopping malls owned by the Company and third parties.
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