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Milestone Apartments REIT (Milestone Apartments REIT) Return-on-Tangible-Equity : 8.34% (As of Dec. 2016)


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What is Milestone Apartments 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. Milestone Apartments REIT's annualized net income for the quarter that ended in Dec. 2016 was $93.4 Mil. Milestone Apartments REIT's average shareholder tangible equity for the quarter that ended in Dec. 2016 was $1,120.9 Mil. Therefore, Milestone Apartments REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2016 was 8.34%.

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

MSTUF's Return-on-Tangible-Equity is not ranked *
in the REITs industry.
Industry Median: 4.58
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Milestone Apartments REIT Return-on-Tangible-Equity Historical Data

The historical data trend for Milestone Apartments 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.

Milestone Apartments REIT Return-on-Tangible-Equity Chart

Milestone Apartments REIT Annual Data
Trend Dec13 Dec14 Dec15 Dec16
Return-on-Tangible-Equity
25.51 24.03 27.51 3.46

Milestone Apartments REIT Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 23.96 14.27 9.16 -17.75 8.34

Competitive Comparison of Milestone Apartments REIT's Return-on-Tangible-Equity

For the REIT - Residential subindustry, Milestone Apartments 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.


Milestone Apartments REIT's Return-on-Tangible-Equity Distribution in the REITs Industry

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

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



Milestone Apartments REIT Return-on-Tangible-Equity Calculation

Milestone Apartments REIT's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=37.334/( (963.581+1196.112 )/ 2 )
=37.334/1079.8465
=3.46 %

Milestone Apartments REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2016 )  (Q: Sep. 2016 )(Q: Dec. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2016 )  (Q: Sep. 2016 )(Q: Dec. 2016 )
=93.448/( (1045.643+1196.112)/ 2 )
=93.448/1120.8775
=8.34 %

* 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 four times the quarterly (Dec. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Milestone Apartments REIT  (OTCPK:MSTUF) 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.


Milestone Apartments REIT Return-on-Tangible-Equity Related Terms

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Milestone Apartments REIT (Milestone Apartments REIT) Business Description

Traded in Other Exchanges
N/A
Address
Milestone Apartments REIT is an unincorporated, open-ended real estate investment trust. The Company's portfolio consists of multifamily garden-style residential properties, located in metropolitan markets in Southeast and Southwest United States.

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