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Tobin Properties AB (OSTO:TOBIN PREF.PFD) Return-on-Tangible-Equity : -24.87% (As of Mar. 2019)


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What is Tobin Properties 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. Tobin Properties AB's annualized net income for the quarter that ended in Mar. 2019 was kr-178.12 Mil. Tobin Properties AB's average shareholder tangible equity for the quarter that ended in Mar. 2019 was kr716.27 Mil. Therefore, Tobin Properties AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2019 was -24.87%.

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

OSTO:TOBIN PREF.PFD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -25.13   Med: -1.54   Max: 65.87
Current: -15.06

During the past 8 years, Tobin Properties AB's highest Return-on-Tangible-Equity was 65.87%. The lowest was -25.13%. And the median was -1.54%.

OSTO:TOBIN PREF.PFD's Return-on-Tangible-Equity is not ranked
in the Real Estate industry.
Industry Median: 3.48 vs OSTO:TOBIN PREF.PFD: -15.06

Tobin Properties AB Return-on-Tangible-Equity Historical Data

The historical data trend for Tobin Properties 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.

Tobin Properties AB Return-on-Tangible-Equity Chart

Tobin Properties AB Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Equity
Get a 7-Day Free Trial 5.07 -6.15 12.28 6.02 -9.77

Tobin Properties AB Quarterly Data
Sep13 Dec13 Sep14 Dec14 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 -3.04 -1.96 -5.72 -19.59 -24.87

Competitive Comparison of Tobin Properties AB's Return-on-Tangible-Equity

For the Real Estate - Development subindustry, Tobin Properties 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.


Tobin Properties AB's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

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


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Tobin Properties AB Return-on-Tangible-Equity Calculation

Tobin Properties AB's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=-55.397/( (395.217+738.392 )/ 2 )
=-55.397/566.8045
=-9.77 %

Tobin Properties AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2019 )  (Q: Dec. 2018 )(Q: Mar. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2019 )  (Q: Dec. 2018 )(Q: Mar. 2019 )
=-178.124/( (738.392+694.147)/ 2 )
=-178.124/716.2695
=-24.87 %

* 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 (Mar. 2019) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Tobin Properties AB  (OSTO:TOBIN 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.


Tobin Properties AB Return-on-Tangible-Equity Related Terms

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


Tobin Properties AB Business Description

Traded in Other Exchanges
N/A
Address
Humlegardsgatan 19A, Stockholm, SWE, 114 46
Tobin Properties AB is a real estate development company. Its project portfolio comprises a total of about 1664 apartments with 109,400 square meters of floor space.

Tobin Properties AB Headlines

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