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. Raven Property Group's annualized net income for the quarter that ended in Jun. 2021 was R1,607 Mil. Raven Property Group's average shareholder tangible equity for the quarter that ended in Jun. 2021 was R4,918 Mil. Therefore, Raven Property Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2021 was 32.67%.
The historical rank and industry rank for Raven Property Group's Return-on-Tangible-Equity or its related term are showing as below:
JSE:RAV's Return-on-Tangible-Equity is not ranked *
in the Real Estate industry.
Industry Median: 4.23 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Raven Property Group (JSE:RAV) 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.
Raven Property Group Return-on-Tangible-Equity Related Terms
Raven Property Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Raven Property Group'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.
Raven Property Group Return-on-Tangible-Equity Chart
JSE:RAV vs CSGP, CBRE, BEKE: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Raven Property Group'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.
Raven Property Group Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Raven Property Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Raven Property Group's Return-on-Tangible-Equity falls into.
* 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. 2021) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 32.67% mean?
Raven Property Group (JSE:RAV) has a Return-on-Tangible-Equity of 32.67% as of Jun. 2021. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Raven Property Group and its competitors.
Is Raven Property Group's Return-on-Tangible-Equity too high?
Raven Property Group's current Return-on-Tangible-Equity is 32.67%. The Real Estate industry median Return-on-Tangible-Equity is 4.23. Raven Property Group's value of 32.67% is 672.3% above this industry median.
How does Raven Property Group's Return-on-Tangible-Equity compare to CSGP and CBRE?
Raven Property Group's Return-on-Tangible-Equity of 32.67% can be compared against companies in the Real Estate industry. The industry median Return-on-Tangible-Equity is 4.23. Raven Property Group's value of 32.67% is 672.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.23, based on 1,715 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Raven Property Group's current Return-on-Tangible-Equity of 32.67% is 672.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Raven Property Group and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raven Property Group's current Return-on-Tangible-Equity is 32.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raven Property Group stock overvalued right now?
Raven Property Group (JSE:RAV) has a current Return-on-Tangible-Equity of 32.67%. The current Return-on-Tangible-Equity is 32.67% and 672.3% above the Real Estate industry median of 4.23. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Raven Property Group (JSE:RAV), the current Return-on-Tangible-Equity is 32.67% as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Raven Property Group Ltd, along with its subsidiaries, operates as a property investment group specializing in commercial real estate in Russia. The business activity of the group functions through three operating segments: Property Investment, Roslogistics, and Raven Mount. The Property Investment segment acquires, develops, and leases commercial property in Russia; the Roslogistics segment is engaged in the provision of warehousing, transport, customs brokerage, and related services in Russia; and Raven Mount looks into the sale of residential property in the UK. It generates most of its revenues through the rent of its Moscow properties from the Property Investment segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:RAV has been successfully added to your 