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Rugby Estates (LSE:RES) Return-on-Tangible-Equity : -42.67% (As of Jul. 2012)


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What is Rugby Estates 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. Rugby Estates's annualized net income for the quarter that ended in Jul. 2012 was £-4.66 Mil. Rugby Estates's average shareholder tangible equity for the quarter that ended in Jul. 2012 was £10.93 Mil. Therefore, Rugby Estates's annualized Return-on-Tangible-Equity for the quarter that ended in Jul. 2012 was -42.67%.

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

LSE:RES's Return-on-Tangible-Equity is not ranked *
in the Real Estate industry.
Industry Median: 2.98
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Rugby Estates Return-on-Tangible-Equity Historical Data

The historical data trend for Rugby Estates'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.

Rugby Estates Return-on-Tangible-Equity Chart

Rugby Estates Annual Data
Trend Jan03 Jan04 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.47 -21.73 1.07 6.61 -16.30

Rugby Estates Semi-Annual Data
Jul03 Jan04 Jul04 Jan05 Jul05 Jan06 Jul06 Jan07 Jul07 Jan08 Jul08 Jan09 Jul09 Jan10 Jul10 Jan11 Jul11 Jan12 Jul12
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 9.74 -0.11 -5.66 -26.48 -42.67

Competitive Comparison of Rugby Estates's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Rugby Estates'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.


Rugby Estates's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

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



Rugby Estates Return-on-Tangible-Equity Calculation

Rugby Estates's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2012 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2012 )  (A: Jan. 2011 )(A: Jan. 2012 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2012 )  (A: Jan. 2011 )(A: Jan. 2012 )
=-3.134/( (23.197+15.267 )/ 2 )
=-3.134/19.232
=-16.30 %

Rugby Estates's annualized Return-on-Tangible-Equity for the quarter that ended in Jul. 2012 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jul. 2012 )  (Q: Jan. 2012 )(Q: Jul. 2012 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jul. 2012 )  (Q: Jan. 2012 )(Q: Jul. 2012 )
=-4.662/( (15.267+6.585)/ 2 )
=-4.662/10.926
=-42.67 %

* 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 (Jul. 2012) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Rugby Estates  (LSE:RES) 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.


Rugby Estates Return-on-Tangible-Equity Related Terms

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


Rugby Estates Business Description

Traded in Other Exchanges
N/A
Address
Rugby Estates PLC carries on the business of property trading, management and investment within the United Kingdom. It operates in two principal business segments. Rugby Capital deals with its property trading and development activities including the group's directly-owned portfolio and collaborative ventures substantially involving the group's equity. Rugby Asset Management deals with its co-investment and asset management activities. The Company operates within the United Kingdom.

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