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Asuntosalkku (OHEL:ASUNTO) Return-on-Tangible-Equity : 0.00% (As of Mar. 2024)


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What is Asuntosalkku 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. Asuntosalkku's annualized net income for the quarter that ended in Mar. 2024 was €0.00 Mil. Asuntosalkku's average shareholder tangible equity for the quarter that ended in Mar. 2024 was €131.20 Mil. Therefore, Asuntosalkku's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 0.00%.

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

OHEL:ASUNTO' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.62   Med: 6.96   Max: 25.23
Current: -7.62

During the past 5 years, Asuntosalkku's highest Return-on-Tangible-Equity was 25.23%. The lowest was -7.62%. And the median was 6.96%.

OHEL:ASUNTO's Return-on-Tangible-Equity is ranked worse than
80.37% of 1773 companies
in the Real Estate industry
Industry Median: 3.03 vs OHEL:ASUNTO: -7.62

Asuntosalkku Return-on-Tangible-Equity Historical Data

The historical data trend for Asuntosalkku'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.

Asuntosalkku Return-on-Tangible-Equity Chart

Asuntosalkku Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Return-on-Tangible-Equity
6.96 6.58 12.12 25.23 -7.62

Asuntosalkku Semi-Annual Data
Sep19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only 50.17 0.23 - - -

Competitive Comparison of Asuntosalkku's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Asuntosalkku'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.


Asuntosalkku's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

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



Asuntosalkku Return-on-Tangible-Equity Calculation

Asuntosalkku's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=-10.764/( (147.645+134.822 )/ 2 )
=-10.764/141.2335
=-7.62 %

Asuntosalkku's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=0/( (134.822+127.579)/ 2 )
=0/131.2005
=0.00 %

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


Asuntosalkku  (OHEL:ASUNTO) 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.


Asuntosalkku Return-on-Tangible-Equity Related Terms

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Asuntosalkku Business Description

Traded in Other Exchanges
Address
Ilmalankuja 2, Helsinki, FIN, 00240
Asuntosalkku Plc is a housing investment company. The portfolio includes approximately 2,000 selected small individual apartments located in well-located residential buildings, mainly in the Helsinki metropolitan area in Finland and in Tallinn, Estonia.

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