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Al-Salam Real Estate Investment Trust (XKLS:5269) Return-on-Tangible-Asset : 0.99% (As of Mar. 2025)


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What is Al-Salam 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. Al-Salam Real Estate Investment Trust's annualized Net Income for the quarter that ended in Mar. 2025 was RM13.12 Mil. Al-Salam Real Estate Investment Trust's average total tangible assets for the quarter that ended in Mar. 2025 was RM1,318.76 Mil. Therefore, Al-Salam Real Estate Investment Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 0.99%.

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

XKLS:5269' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.08   Med: 3   Max: 5.11
Current: 0.44

During the past 10 years, Al-Salam Real Estate Investment Trust's highest Return-on-Tangible-Asset was 5.11%. The lowest was -1.08%. And the median was 3.00%.

XKLS:5269's Return-on-Tangible-Asset is ranked worse than
73.23% of 934 companies
in the REITs industry
Industry Median: 2.755 vs XKLS:5269: 0.44

Al-Salam Real Estate Investment Trust Return-on-Tangible-Asset Historical Data

The historical data trend for Al-Salam 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.

Al-Salam Real Estate Investment Trust Return-on-Tangible-Asset Chart

Al-Salam Real Estate Investment Trust 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 -1.08 0.26 5.11 1.66 0.40

Al-Salam Real Estate Investment Trust Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.83 0.57 0.42 -0.21 0.99

Competitive Comparison of Al-Salam Real Estate Investment Trust's Return-on-Tangible-Asset

For the REIT - Diversified subindustry, Al-Salam 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.


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

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

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


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Al-Salam Real Estate Investment Trust Return-on-Tangible-Asset Calculation

Al-Salam Real Estate Investment Trust'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 )
=5.284/( (1316.061+1317.265)/ 2 )
=5.284/1316.663
=0.40 %

Al-Salam Real Estate Investment Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=13.116/( (1317.265+1320.258)/ 2 )
=13.116/1318.7615
=0.99 %

* 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. 2025) net income data.


Al-Salam Real Estate Investment Trust  (XKLS:5269) 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.


Al-Salam Real Estate Investment Trust Return-on-Tangible-Asset Related Terms

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


Al-Salam Real Estate Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
V SQUARE, Jalan Utara, Unit 1-19-02, Level 19, Block 1, Bandar Petaling Jaya, Petaling Jaya, SGR, MYS, 46200
Al-Salam Real Estate Investment Trust is an Islamic REIT (Real Estate Investment Trust) based in Malaysia. The principal activity of the trust is to invest in Shariah-compliant properties. Its segments includes Food and Beverage (F&B), which is divided into a restaurant and non-restaurant outlets; Retail outlets; Office buildings; Industrial and others, and Other comprising fund level operations. The Fund's key objective is to provide unitholders with regular and stable income distributions, sustainable long-term unit prices, and distributable income and capital growth while maintaining an appropriate capital structure. The Fund operates solely in Malaysia.

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