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The PRS REIT (LSE:PRSR) Return-on-Tangible-Equity : 12.35% (As of Dec. 2024)


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What is The PRS 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. The PRS REIT's annualized net income for the quarter that ended in Dec. 2024 was £92.5 Mil. The PRS REIT's average shareholder tangible equity for the quarter that ended in Dec. 2024 was £749.1 Mil. Therefore, The PRS REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 12.35%.

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

LSE:PRSR' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.67   Med: 6.54   Max: 20.52
Current: 15.11

During the past 7 years, The PRS REIT's highest Return-on-Tangible-Equity was 20.52%. The lowest was 0.67%. And the median was 6.54%.

LSE:PRSR's Return-on-Tangible-Equity is ranked better than
89.87% of 928 companies
in the REITs industry
Industry Median: 5.675 vs LSE:PRSR: 15.11

The PRS REIT Return-on-Tangible-Equity Historical Data

The historical data trend for The PRS 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.

The PRS REIT Return-on-Tangible-Equity Chart

The PRS REIT Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Equity
Get a 7-Day Free Trial 3.47 9.18 20.52 6.54 13.47

The PRS REIT Semi-Annual Data
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 4.59 8.52 9.05 17.98 12.35

Competitive Comparison of The PRS REIT's Return-on-Tangible-Equity

For the REIT - Residential subindustry, The PRS 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.


The PRS REIT's Return-on-Tangible-Equity Distribution in the REITs Industry

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

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


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The PRS REIT Return-on-Tangible-Equity Calculation

The PRS REIT'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 )
=93.675/( (659.72+731.425 )/ 2 )
=93.675/695.5725
=13.47 %

The PRS 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 )
=92.49/( (731.425+766.686)/ 2 )
=92.49/749.0555
=12.35 %

* 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.


The PRS REIT  (LSE:PRSR) 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.


The PRS REIT Return-on-Tangible-Equity Related Terms

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


The PRS REIT Business Description

Industry
Traded in Other Exchanges
N/A
Address
1 Saint Ann Street, Floor 3, Manchester, GBR, M2 7LR
The PRS REIT PLC operates as a real estate investment trust to focus on the Private Rented Sector. The company aims to provide investors with an attractive level of income together with the prospect of income and capital growth through investment in a portfolio of newly constructed private rented properties comprising mainly family homes. The company has only one operating segment named property, and the company only operates within the United Kingdom.

The PRS REIT Headlines

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