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. Corio NV's annualized net income for the quarter that ended in Dec. 2013 was €-250.5 Mil. Corio NV's average shareholder tangible equity for the quarter that ended in Dec. 2013 was €3,851.3 Mil. Therefore, Corio NV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2013 was -6.50%.
The historical rank and industry rank for Corio NV's Return-on-Tangible-Equity or its related term are showing as below:
LTS:0LNK's Return-on-Tangible-Equity is not ranked *
in the REITs industry.
Industry Median: 4.59 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Corio NV Return-on-Tangible-Equity Historical Data
The historical data trend for Corio NV'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.
Competitive Comparison of Corio NV's Return-on-Tangible-Equity
For the REIT - Retail subindustry, Corio NV'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.
Corio NV's Return-on-Tangible-Equity Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Corio NV's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Corio NV's Return-on-Tangible-Equity falls into.
Corio NV Return-on-Tangible-Equity Calculation
Corio NV's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2013 is calculated as
* 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 one times the annual (Dec. 2013) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
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.
Corio NV Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Corio NV's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Corio NV was formed in 2000 by the merger between VIB and WBN. It is a retail property company engaged in developing, redeveloping and managing retail properties such as shops and shopping centers, offices and industrial centers in the Netherlands, France, Italy, Spain, Turkey and Germany. The Company has grown from a Dutch mixed retail fund to a pan-European real estate company with a clear focus on retail. The Company has a presence in the largest consumer markets in continental Europe, management is fully in-sourced and the business has a solid financial position. In the changing retail landscape the Company is now ready to enter the next phase and take advantage of future opportunities and dynamics in the industry. The Company has set up an internal platform, called LaunchLab, focused on helping the Company to innovate and execute the Favorite Meeting Place strategy. The programme aims to discover new strategic insights, as well as support innovative ideas to quickly move into action, boosting revenues from other income streams. The Company has six local organisations: Corio Nederland, Corio France, Corio Italia, Corio España, Corio Türkiye and Corio Deutschland. They are responsible for the daily management of Corio's real estate portfolio. Corio N.V. (the Management Board and its general staff) retains the checks and balances. The general staff reports directly to the Management Board of Corio N.V. The green brick is a reward for the sustainable real estate investor of the year.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LTS:0LNK has been successfully added to your 