GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RAM Essential Services Property Fund (ASX:REP) » Definitions » Return-on-Tangible-Equity

RAM Essential Services Property Fund (ASX:REP) Return-on-Tangible-Equity : -3.96% (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is RAM Essential Services Property Fund Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. RAM Essential Services Property Fund's annualized net income for the quarter that ended in Dec. 2024 was A$-8.43 Mil. RAM Essential Services Property Fund's average shareholder tangible equity for the quarter that ended in Dec. 2024 was A$212.97 Mil. Therefore, RAM Essential Services Property Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -3.96%.

The historical rank and industry rank for RAM Essential Services Property Fund's Return-on-Tangible-Equity or its related term are showing as below:

ASX:REP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.91   Med: -4.82   Max: 15.22
Current: -5

During the past 3 years, RAM Essential Services Property Fund's highest Return-on-Tangible-Equity was 15.22%. The lowest was -5.91%. And the median was -4.82%.

ASX:REP's Return-on-Tangible-Equity is ranked worse than
84.34% of 1641 companies
in the Asset Management industry
Industry Median: 7.83 vs ASX:REP: -5.00

RAM Essential Services Property Fund Return-on-Tangible-Equity Historical Data

The historical data trend for RAM Essential Services Property Fund's Return-on-Tangible-Equity 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.

RAM Essential Services Property Fund Return-on-Tangible-Equity Chart

RAM Essential Services Property Fund Annual Data
Trend Jun22 Jun23 Jun24
Return-on-Tangible-Equity
15.22 -5.91 -4.82

RAM Essential Services Property Fund Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Equity Get a 7-Day Free Trial -1.99 -9.92 -3.70 -5.97 -3.96

Competitive Comparison of RAM Essential Services Property Fund's Return-on-Tangible-Equity

For the Asset Management subindustry, RAM Essential Services Property Fund's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


RAM Essential Services Property Fund's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RAM Essential Services Property Fund's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where RAM Essential Services Property Fund's Return-on-Tangible-Equity falls into.


;
;

RAM Essential Services Property Fund Return-on-Tangible-Equity Calculation

RAM Essential Services Property Fund's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-11.355/( (250.6+220.427 )/ 2 )
=-11.355/235.5135
=-4.82 %

RAM Essential Services Property Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=-8.43/( (220.427+205.503)/ 2 )
=-8.43/212.965
=-3.96 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.


RAM Essential Services Property Fund  (ASX:REP) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


RAM Essential Services Property Fund Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of RAM Essential Services Property Fund's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


RAM Essential Services Property Fund Business Description

Traded in Other Exchanges
N/A
Address
Chifley Square, Suite 15.01, Level 15, Chifley Tower 2, Sydney, NSW, AUS, 2000
RAM Essential Services Property Fund invests in high-quality Australian medicals and essential retail real estate assets, leased to essential services tenants. Its objective is to provide investors with stable and secure income with the potential for both income and capital growth through exposure to high quality, defensive portfolio of assets with favorable sector trends.

RAM Essential Services Property Fund Headlines

No Headlines