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Park Street AS (OCSE:PARKST A) Return-on-Tangible-Equity : 0.85% (As of Dec. 2024)


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What is Park Street AS 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. Park Street AS's annualized net income for the quarter that ended in Dec. 2024 was kr8.1 Mil. Park Street AS's average shareholder tangible equity for the quarter that ended in Dec. 2024 was kr945.1 Mil. Therefore, Park Street AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 0.85%.

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

OCSE:PARKST A' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.26   Med: 12.98   Max: 138.01
Current: 0.71

During the past 13 years, Park Street AS's highest Return-on-Tangible-Equity was 138.01%. The lowest was -2.26%. And the median was 12.98%.

OCSE:PARKST A's Return-on-Tangible-Equity is ranked worse than
65.97% of 1719 companies
in the Real Estate industry
Industry Median: 3.47 vs OCSE:PARKST A: 0.71

Park Street AS Return-on-Tangible-Equity Historical Data

The historical data trend for Park Street AS'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.

Park Street AS Return-on-Tangible-Equity Chart

Park Street AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.55 12.74 4.78 -2.26 0.69

Park Street AS Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only 6.07 0.21 -4.62 0.60 0.85

Competitive Comparison of Park Street AS's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Park Street AS'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.


Park Street AS's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where Park Street AS's Return-on-Tangible-Equity falls into.


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Park Street AS Return-on-Tangible-Equity Calculation

Park Street AS'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 )
=6.993/( (1059.959+962.479 )/ 2 )
=6.993/1011.219
=0.69 %

Park Street AS'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 )
=8.058/( (927.628+962.479)/ 2 )
=8.058/945.0535
=0.85 %

* 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.


Park Street AS  (OCSE:PARKST A) 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.


Park Street AS Return-on-Tangible-Equity Related Terms

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


Park Street AS Business Description

Traded in Other Exchanges
N/A
Address
Amaliegade 6, 2. Tv, Kobenhavn, DNK, 1256
Park Street AS is a real estate investment and asset management company. The Company manages the real estate portfolio mainly in the office, retail, hotel, and residential. The company generates the majority of its revenue from rental income. The Group's investment properties are geographically concentrated in Greater Copenhagen and Zealand.

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