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Tritax Big Box REIT (LSE:BBOX) Return-on-Tangible-Equity : 11.53% (As of Dec. 2024)


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What is Tritax Big Box REIT 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. Tritax Big Box REIT's annualized net income for the quarter that ended in Dec. 2024 was £516.8 Mil. Tritax Big Box REIT's average shareholder tangible equity for the quarter that ended in Dec. 2024 was £4,482.8 Mil. Therefore, Tritax Big Box REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 11.53%.

The historical rank and industry rank for Tritax Big Box REIT's Return-on-Tangible-Equity or its related term are showing as below:

LSE:BBOX' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.15   Med: 11.7   Max: 31.86
Current: 10.87

During the past 11 years, Tritax Big Box REIT's highest Return-on-Tangible-Equity was 31.86%. The lowest was -16.15%. And the median was 11.70%.

LSE:BBOX's Return-on-Tangible-Equity is ranked better than
80.43% of 920 companies
in the REITs industry
Industry Median: 5.64 vs LSE:BBOX: 10.87

Tritax Big Box REIT Return-on-Tangible-Equity Historical Data

The historical data trend for Tritax Big Box REIT'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.

Tritax Big Box REIT Return-on-Tangible-Equity Chart

Tritax Big Box REIT Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.41 27.81 -16.15 2.10 11.28

Tritax Big Box REIT Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -54.14 5.99 -1.83 9.68 11.53

Competitive Comparison of Tritax Big Box REIT's Return-on-Tangible-Equity

For the REIT - Industrial subindustry, Tritax Big Box REIT'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.


Tritax Big Box REIT's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Tritax Big Box REIT's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Tritax Big Box REIT's Return-on-Tangible-Equity falls into.


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Tritax Big Box REIT Return-on-Tangible-Equity Calculation

Tritax Big Box REIT's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=445.5/( (3332.9+4566.7 )/ 2 )
=445.5/3949.8
=11.28 %

Tritax Big Box REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=516.8/( (4398.8+4566.7)/ 2 )
=516.8/4482.75
=11.53 %

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


Tritax Big Box REIT  (LSE:BBOX) 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.


Tritax Big Box REIT Return-on-Tangible-Equity Related Terms

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


Tritax Big Box REIT Business Description

Traded in Other Exchanges
N/A
Address
72 Broadwick Street, London, GBR, W1F 9QZ
Tritax Big Box REIT PLC is a UK-based real estate investment trust. With the focus on the acquisition and management of large-scale logistics real estate Tritax operates in the Investment Property segment. The company proactively manages its 100-plus assets - from small to big boxes - using its sector specialism and deep market insights to stay ahead of trends and meet its clients' evolving needs. The customers it caters to operate in retail, logistics, consumer products and automotive.

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