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Value and Indexed Propertyome Trust (LSE:VIP) Return-on-Tangible-Equity : 14.35% (As of Sep. 2024)


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What is Value and Indexed Propertyome Trust 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. Value and Indexed Propertyome Trust's annualized net income for the quarter that ended in Sep. 2024 was £13.31 Mil. Value and Indexed Propertyome Trust's average shareholder tangible equity for the quarter that ended in Sep. 2024 was £92.80 Mil. Therefore, Value and Indexed Propertyome Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 14.35%.

The historical rank and industry rank for Value and Indexed Propertyome Trust's Return-on-Tangible-Equity or its related term are showing as below:

LSE:VIP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -22.99   Med: 1.76   Max: 19.03
Current: 4.47

During the past 13 years, Value and Indexed Propertyome Trust's highest Return-on-Tangible-Equity was 19.03%. The lowest was -22.99%. And the median was 1.76%.

LSE:VIP's Return-on-Tangible-Equity is ranked worse than
61.24% of 1641 companies
in the Asset Management industry
Industry Median: 7.95 vs LSE:VIP: 4.47

Value and Indexed Propertyome Trust Return-on-Tangible-Equity Historical Data

The historical data trend for Value and Indexed Propertyome Trust'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.

Value and Indexed Propertyome Trust Return-on-Tangible-Equity Chart

Value and Indexed Propertyome Trust Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.99 10.81 19.03 -19.38 -7.85

Value and Indexed Propertyome Trust Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -9.03 -30.12 -10.39 -5.17 14.35

Competitive Comparison of Value and Indexed Propertyome Trust's Return-on-Tangible-Equity

For the Asset Management subindustry, Value and Indexed Propertyome Trust'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.


Value and Indexed Propertyome Trust's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Value and Indexed Propertyome Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Value and Indexed Propertyome Trust's Return-on-Tangible-Equity falls into.


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Value and Indexed Propertyome Trust Return-on-Tangible-Equity Calculation

Value and Indexed Propertyome Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=-7.701/( (105.132+91.1 )/ 2 )
=-7.701/98.116
=-7.85 %

Value and Indexed Propertyome Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=13.314/( (91.1+94.5)/ 2 )
=13.314/92.8
=14.35 %

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


Value and Indexed Propertyome Trust  (LSE:VIP) 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.


Value and Indexed Propertyome Trust Return-on-Tangible-Equity Related Terms

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


Value and Indexed Propertyome Trust Business Description

Traded in Other Exchanges
N/A
Address
C/o Maven Capital Partners UK LLP, 205 West George Street, First Floor, Kintyre House, Glasgow, GBR, G2 2LW
Value and Indexed Property Income Trust PLC, formerly Value and Income Trust PLC is an investment trust. It invests in higher-yielding, less fashionable areas of the UK commercial property and quoted equity markets, mainly in medium and smaller-sized companies. VIT aims for long-term real growth in dividends and capital value without undue risk. The company's policy is to invest in quoted UK equities, UK commercial property, and cash or near cash securities.

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