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Fortress Real Estate Investments (JSE:FFB) Return-on-Tangible-Equity : 8.29% (As of Jun. 2024)


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What is Fortress Real Estate Investments 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. Fortress Real Estate Investments's annualized net income for the quarter that ended in Jun. 2024 was R2,744 Mil. Fortress Real Estate Investments's average shareholder tangible equity for the quarter that ended in Jun. 2024 was R33,115 Mil. Therefore, Fortress Real Estate Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was 8.29%.

The historical rank and industry rank for Fortress Real Estate Investments's Return-on-Tangible-Equity or its related term are showing as below:

JSE:FFB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.36   Med: 8.79   Max: 26.63
Current: 13.06

During the past 13 years, Fortress Real Estate Investments's highest Return-on-Tangible-Equity was 26.63%. The lowest was -28.36%. And the median was 8.79%.

JSE:FFB's Return-on-Tangible-Equity is ranked better than
81.43% of 1750 companies
in the Real Estate industry
Industry Median: 2.925 vs JSE:FFB: 13.06

Fortress Real Estate Investments Return-on-Tangible-Equity Historical Data

The historical data trend for Fortress Real Estate Investments'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.

Fortress Real Estate Investments Return-on-Tangible-Equity Chart

Fortress Real Estate Investments Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.36 13.05 2.88 19.70 13.71

Fortress Real Estate Investments Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -5.35 19.77 19.84 16.99 8.29

Competitive Comparison of Fortress Real Estate Investments's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Fortress Real Estate Investments'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.


Fortress Real Estate Investments's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where Fortress Real Estate Investments's Return-on-Tangible-Equity falls into.



Fortress Real Estate Investments Return-on-Tangible-Equity Calculation

Fortress Real Estate Investments's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=4332.68/( (33330.39+29865.807 )/ 2 )
=4332.68/31598.0985
=13.71 %

Fortress Real Estate Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=2743.59/( (36363.959+29865.807)/ 2 )
=2743.59/33114.883
=8.29 %

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


Fortress Real Estate Investments  (JSE:FFB) 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.


Fortress Real Estate Investments Return-on-Tangible-Equity Related Terms

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


Fortress Real Estate Investments Business Description

Traded in Other Exchanges
N/A
Address
Block C, Cullinan Place, Cullinan Close, Morningside, Johannesburg, GT, ZAF, 2196
Fortress Real Estate Investments Ltd invests in both direct property assets and listed real estate securities including both local and foreign property companies. It owns a portfolio of retail, office, industrial, logistics-CEE, logistics-SA, corporate and other. The company generates maximum revenue from the Logistics-SA segment.

Fortress Real Estate Investments Headlines

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