GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Frasers Property Ltd (OTCPK:FSRPF) » Definitions » Return-on-Tangible-Equity

Frasers Property (Frasers Property) Return-on-Tangible-Equity : 1.15% (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Frasers Property 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's annualized net income for the quarter that ended in Mar. 2024 was $86 Mil. Frasers Property's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $7,443 Mil. Therefore, Frasers Property's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 1.15%.

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

FSRPF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.05   Med: 8.6   Max: 11.35
Current: 0.05

During the past 12 years, Frasers Property's highest Return-on-Tangible-Equity was 11.35%. The lowest was 0.05%. And the median was 8.60%.

FSRPF's Return-on-Tangible-Equity is ranked worse than
64.4% of 1761 companies
in the Real Estate industry
Industry Median: 2.8 vs FSRPF: 0.05

Frasers Property Return-on-Tangible-Equity Historical Data

The historical data trend for Frasers Property'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 Return-on-Tangible-Equity Chart

Frasers Property Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.33 2.21 9.10 8.57 1.66

Frasers Property Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 3.05 14.02 4.34 -1.01 1.15

Competitive Comparison of Frasers Property's Return-on-Tangible-Equity

For the Real Estate - Diversified subindustry, Frasers Property'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's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

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



Frasers Property Return-on-Tangible-Equity Calculation

Frasers Property's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=126.966/( (7779.538+7495.107 )/ 2 )
=126.966/7637.3225
=1.66 %

Frasers Property'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: Sep. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=85.652/( (7495.107+7390.989)/ 2 )
=85.652/7443.048
=1.15 %

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


Frasers Property  (OTCPK:FSRPF) 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 Return-on-Tangible-Equity Related Terms

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


Frasers Property (Frasers Property) Business Description

Traded in Other Exchanges
Address
438 Alexandra Road, No. 21-00 Alexandra Point, Singapore, SGP, 119958
Frasers Property Ltd owns, develops and manages a diverse, integrated portfolio of properties. Its assets range from residential, retail, commercial and business parks, to industrial and logistics in Singapore, Australia, Europe, China, and Southeast Asia. The Company's reportable operating segments comprise four strategic business units which are Singapore , Australia and Industrial, Hospitality, Thailand & Vietnam and Others. It generates majority of the revenue from singapore segment.

Frasers Property (Frasers Property) Headlines

No Headlines