GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » WHA Corp PCL (BKK:WHA-R) » Definitions » Return-on-Tangible-Equity

WHA PCL (BKK:WHA-R) Return-on-Tangible-Equity : 44.34% (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is WHA 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. WHA PCL's annualized net income for the quarter that ended in Mar. 2024 was ฿5,460 Mil. WHA PCL's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ฿12,313 Mil. Therefore, WHA PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 44.34%.

The historical rank and industry rank for WHA PCL's Return-on-Tangible-Equity or its related term are showing as below:

BKK:WHA-R' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 22.98   Med: 42.02   Max: 340.71
Current: 46.58

During the past 13 years, WHA PCL's highest Return-on-Tangible-Equity was 340.71%. The lowest was 22.98%. And the median was 42.02%.

BKK:WHA-R's Return-on-Tangible-Equity is ranked better than
95.69% of 1765 companies
in the Real Estate industry
Industry Median: 2.8 vs BKK:WHA-R: 46.58

WHA PCL Return-on-Tangible-Equity Historical Data

The historical data trend for WHA 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.

WHA PCL Return-on-Tangible-Equity Chart

WHA PCL 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 48.50 33.89 32.35 42.02 39.96

WHA PCL 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 19.51 32.52 23.91 86.20 44.34

Competitive Comparison of WHA PCL's Return-on-Tangible-Equity

For the Real Estate Services subindustry, WHA 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.


WHA PCL's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, WHA PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where WHA PCL's Return-on-Tangible-Equity falls into.



WHA PCL Return-on-Tangible-Equity Calculation

WHA PCL'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 )
=4425.738/( (10355.909+11793.674 )/ 2 )
=4425.738/11074.7915
=39.96 %

WHA PCL'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 )
=5459.696/( (11793.674+12833.115)/ 2 )
=5459.696/12313.3945
=44.34 %

* 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.


WHA PCL  (BKK:WHA-R) 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.


WHA PCL Return-on-Tangible-Equity Related Terms

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


WHA PCL (BKK:WHA-R) Business Description

Industry
Traded in Other Exchanges
Address
Moo 13, Debaratna Road (Bangna-Trad) KM.7, 777 WHA TOWER, 23rd - 25th Floor, Bang Kaeo, Bang Phli,, Samut Prakarn, THA, 10540
WHA Corp PCL is engaged in providing rent and sale of lands, buildings, factories, warehouses, and other properties; developing and managing properties in industrial estates and industrial zones; providing public utilities, facilities, and other related services; and providing digital services, data center, Internet connection, and other IT services. The company operates in four segments: Real Estate, Power, Water, and Others. It generates the majority of its revenue from the Real Estate segment in the form of Leases & Services and Sales. Geographically, it operates in the domestic market and overseas market.

WHA PCL (BKK:WHA-R) Headlines

No Headlines