GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Preservia Hyresfastigheter AB (NGM:PHYR.PREF.PFD) » Definitions » Return-on-Tangible-Equity

Preservia Hyresfastigheter AB (NGM:PHYR.PREF.PFD) Return-on-Tangible-Equity : -1.61% (As of Dec. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Preservia Hyresfastigheter AB 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. Preservia Hyresfastigheter AB's annualized net income for the quarter that ended in Dec. 2024 was kr-1.17 Mil. Preservia Hyresfastigheter AB's average shareholder tangible equity for the quarter that ended in Dec. 2024 was kr72.36 Mil. Therefore, Preservia Hyresfastigheter AB's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -1.61%.

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

NGM:PHYR.PREF.PFD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -240.19   Med: -12.56   Max: -1.93
Current: -1.93

During the past 8 years, Preservia Hyresfastigheter AB's highest Return-on-Tangible-Equity was -1.93%. The lowest was -240.19%. And the median was -12.56%.

NGM:PHYR.PREF.PFD's Return-on-Tangible-Equity is ranked worse than
74.75% of 1719 companies
in the Real Estate industry
Industry Median: 3.48 vs NGM:PHYR.PREF.PFD: -1.93

Preservia Hyresfastigheter AB Return-on-Tangible-Equity Historical Data

The historical data trend for Preservia Hyresfastigheter AB'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.

Preservia Hyresfastigheter AB Return-on-Tangible-Equity Chart

Preservia Hyresfastigheter AB Annual Data
Trend Dec15 Dec16 Dec17 Apr20 Apr21 Apr22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial -14.09 -12.56 -2.99 -6.17 -2.41

Preservia Hyresfastigheter AB Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 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 Premium Member Only Premium Member Only Premium Member Only -7.28 -9.87 -2.64 -2.25 -1.61

Competitive Comparison of Preservia Hyresfastigheter AB's Return-on-Tangible-Equity

For the Real Estate - Development subindustry, Preservia Hyresfastigheter AB'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.


Preservia Hyresfastigheter AB's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where Preservia Hyresfastigheter AB's Return-on-Tangible-Equity falls into.


;
;

Preservia Hyresfastigheter AB Return-on-Tangible-Equity Calculation

Preservia Hyresfastigheter AB's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-1.751/( (73.658+71.907 )/ 2 )
=-1.751/72.7825
=-2.41 %

Preservia Hyresfastigheter AB'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 )
=-1.166/( (72.817+71.907)/ 2 )
=-1.166/72.362
=-1.61 %

* 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.


Preservia Hyresfastigheter AB  (NGM:PHYR.PREF.PFD) 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.


Preservia Hyresfastigheter AB Return-on-Tangible-Equity Related Terms

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


Preservia Hyresfastigheter AB Business Description

Traded in Other Exchanges
Address
Vasagatan 7 A, Stockholm, SWE, 111 20
Preservia Hyresfastigheter AB is an investor and developer of housing with a focus on rental apartments. The company owns two projects for the development of homes in Gavle and Balsta. It generates revenue through the development and sale of the properties and through the net operating income of investment properties.

Preservia Hyresfastigheter AB Headlines

No Headlines