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CPN Retail Growth Leasehold REIT (BKK:CPNREIT) Return-on-Tangible-Equity : 10.55% (As of Mar. 2024)


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What is CPN Retail Growth Leasehold REIT 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. CPN Retail Growth Leasehold REIT's annualized net income for the quarter that ended in Mar. 2024 was ฿3,542 Mil. CPN Retail Growth Leasehold REIT's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ฿33,572 Mil. Therefore, CPN Retail Growth Leasehold REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 10.55%.

The historical rank and industry rank for CPN Retail Growth Leasehold REIT's Return-on-Tangible-Equity or its related term are showing as below:

BKK:CPNREIT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.37   Med: 10.19   Max: 14.11
Current: 10.45

During the past 13 years, CPN Retail Growth Leasehold REIT's highest Return-on-Tangible-Equity was 14.11%. The lowest was -1.37%. And the median was 10.19%.

BKK:CPNREIT's Return-on-Tangible-Equity is ranked better than
78.16% of 792 companies
in the REITs industry
Industry Median: 4.66 vs BKK:CPNREIT: 10.45

CPN Retail Growth Leasehold REIT Return-on-Tangible-Equity Historical Data

The historical data trend for CPN Retail Growth Leasehold REIT'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.

CPN Retail Growth Leasehold REIT Return-on-Tangible-Equity Chart

CPN Retail Growth Leasehold REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.12 1.05 2.80 6.29 9.70

CPN Retail Growth Leasehold REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity 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 7.64 9.16 15.28 6.83 10.55

Competitive Comparison of CPN Retail Growth Leasehold REIT's Return-on-Tangible-Equity

For the REIT - Diversified subindustry, CPN Retail Growth Leasehold REIT'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.


CPN Retail Growth Leasehold REIT's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CPN Retail Growth Leasehold REIT's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where CPN Retail Growth Leasehold REIT's Return-on-Tangible-Equity falls into.



CPN Retail Growth Leasehold REIT Return-on-Tangible-Equity Calculation

CPN Retail Growth Leasehold REIT's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=3235.112/( (33277.167+33458.886 )/ 2 )
=3235.112/33368.0265
=9.70 %

CPN Retail Growth Leasehold REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=3541.608/( (33458.886+33684.304)/ 2 )
=3541.608/33571.595
=10.55 %

* 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 four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


CPN Retail Growth Leasehold REIT  (BKK:CPNREIT) 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.


CPN Retail Growth Leasehold REIT Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of CPN Retail Growth Leasehold REIT's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


CPN Retail Growth Leasehold REIT (BKK:CPNREIT) Business Description

Traded in Other Exchanges
N/A
Address
No. 999/9 Rama 1 Road, 31st Floor, The Offices at CentralWorld, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
CPN Retail Growth Leasehold REIT is a closed-end real estate investment trust. Its main business is investing in properties and leasehold rights, seeking the benefits from properties, and properties for rent. The company has invested in a few projects including shopping projects namely Central Rama 2, Central Rama 3, Central Pinklao and Central Chiangmai Airport, and 2 office buildings, Central Pinklao Tower A and Tower B, as well as invested in additional assets, namely Central Pattaya Shopping Center and Hilton Pattaya Hotel Its operational locality is Thailand.

CPN Retail Growth Leasehold REIT (BKK:CPNREIT) Headlines

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