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Care Property Invest NV/SA (FRA:8OM) Return-on-Tangible-Equity : -12.20% (As of Dec. 2023)


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What is Care Property Invest NV/SA 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. Care Property Invest NV/SA's annualized net income for the quarter that ended in Dec. 2023 was €-79.07 Mil. Care Property Invest NV/SA's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €647.94 Mil. Therefore, Care Property Invest NV/SA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -12.20%.

The historical rank and industry rank for Care Property Invest NV/SA's Return-on-Tangible-Equity or its related term are showing as below:

FRA:8OM' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.72   Med: 9.5   Max: 17.01
Current: -0.9

During the past 13 years, Care Property Invest NV/SA's highest Return-on-Tangible-Equity was 17.01%. The lowest was -4.72%. And the median was 9.50%.

FRA:8OM's Return-on-Tangible-Equity is ranked worse than
73.48% of 792 companies
in the REITs industry
Industry Median: 4.58 vs FRA:8OM: -0.90

Care Property Invest NV/SA Return-on-Tangible-Equity Historical Data

The historical data trend for Care Property Invest NV/SA'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.

Care Property Invest NV/SA Return-on-Tangible-Equity Chart

Care Property Invest NV/SA 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 10.86 6.25 14.06 17.01 -0.96

Care Property Invest NV/SA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.68 4.14 -1.82 6.50 -12.20

Competitive Comparison of Care Property Invest NV/SA's Return-on-Tangible-Equity

For the REIT - Healthcare Facilities subindustry, Care Property Invest NV/SA'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.


Care Property Invest NV/SA's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Care Property Invest NV/SA's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Care Property Invest NV/SA's Return-on-Tangible-Equity falls into.



Care Property Invest NV/SA Return-on-Tangible-Equity Calculation

Care Property Invest NV/SA'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 )
=-5.758/( (563.303+638.048 )/ 2 )
=-5.758/600.6755
=-0.96 %

Care Property Invest NV/SA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-79.068/( (657.829+638.048)/ 2 )
=-79.068/647.9385
=-12.20 %

* 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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Care Property Invest NV/SA  (FRA:8OM) 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.


Care Property Invest NV/SA Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Care Property Invest NV/SA's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Care Property Invest NV/SA (FRA:8OM) Business Description

Traded in Other Exchanges
Address
Horstebaan 3, Schoten, BEL, 2900
Care Property Invest NV/SA is a Belgian publicly regulated real estate company specialised in housing for seniors. Care Property Invest develops and finances affordable, high-quality, and attractive care infrastructure and various forms of housing for seniors and people with disabilities such as residential care centres, short-stay centres, groups of assisted living apartments, and residential complexes for people with physical and/or intellectual disabilities.

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