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Frasers Property (Thailand) PCL (BKK:FPT) Return-on-Tangible-Equity : 6.94% (As of Sep. 2024)


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What is Frasers Property (Thailand) PCL 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. Frasers Property (Thailand) PCL's annualized net income for the quarter that ended in Sep. 2024 was ฿2,529 Mil. Frasers Property (Thailand) PCL's average shareholder tangible equity for the quarter that ended in Sep. 2024 was ฿36,466 Mil. Therefore, Frasers Property (Thailand) PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 6.94%.

The historical rank and industry rank for Frasers Property (Thailand) PCL's Return-on-Tangible-Equity or its related term are showing as below:

BKK:FPT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.54   Med: 6.05   Max: 10.02
Current: 3.94

During the past 13 years, Frasers Property (Thailand) PCL's highest Return-on-Tangible-Equity was 10.02%. The lowest was 2.54%. And the median was 6.05%.

BKK:FPT's Return-on-Tangible-Equity is ranked better than
55.26% of 1750 companies
in the Real Estate industry
Industry Median: 2.925 vs BKK:FPT: 3.94

Frasers Property (Thailand) PCL Return-on-Tangible-Equity Historical Data

The historical data trend for Frasers Property (Thailand) PCL'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.

Frasers Property (Thailand) PCL Return-on-Tangible-Equity Chart

Frasers Property (Thailand) PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.02 4.91 7.01 5.09 3.93

Frasers Property (Thailand) PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.17 3.45 1.74 3.65 6.94

Competitive Comparison of Frasers Property (Thailand) PCL's Return-on-Tangible-Equity

For the Real Estate - Development subindustry, Frasers Property (Thailand) PCL'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.


Frasers Property (Thailand) PCL's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Frasers Property (Thailand) PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Frasers Property (Thailand) PCL's Return-on-Tangible-Equity falls into.



Frasers Property (Thailand) PCL Return-on-Tangible-Equity Calculation

Frasers Property (Thailand) PCL's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=1438.028/( (36672.469+36601.629 )/ 2 )
=1438.028/36637.049
=3.93 %

Frasers Property (Thailand) PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=2529.056/( (36330.325+36601.629)/ 2 )
=2529.056/36465.977
=6.94 %

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


Frasers Property (Thailand) PCL  (BKK:FPT) 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.


Frasers Property (Thailand) PCL Return-on-Tangible-Equity Related Terms

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Frasers Property (Thailand) PCL Business Description

Traded in Other Exchanges
N/A
Address
Rama 4 Road, No. 944 Mitrtown Office Tower, 22nd - 23rd Floor, Wangmai Subdistrict, Pathumwan District, Bangkok, THA, 10330
Frasers Property (Thailand) PCL is an industrial real estate developer operating in Thailand. The company and its subsidiaries are principally engaged industrial real estate development business, which comprises the development of factories and warehouses, mainly for rent and occasionally for sale, residential real-estate development, including rental and related service of commercial buildings and hotel business. Its segments include Real estate business, Investment properties for industrial business, Rental and commercial building business and Hotel business, where majority revenue is derived from Real estate business segment.

Frasers Property (Thailand) PCL Headlines