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Victoria Park AB (OSTO:VICP PREF.PFD) Return-on-Tangible-Equity : 26.03% (As of Mar. 2019)


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What is Victoria Park 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. Victoria Park AB's annualized net income for the quarter that ended in Mar. 2019 was kr1,960.00 Mil. Victoria Park AB's average shareholder tangible equity for the quarter that ended in Mar. 2019 was kr7,528.50 Mil. Therefore, Victoria Park AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2019 was 26.03%.

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

OSTO:VICP PREF.PFD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.85   Med: 32.16   Max: 78.43
Current: 20.08

During the past 12 years, Victoria Park AB's highest Return-on-Tangible-Equity was 78.43%. The lowest was -19.85%. And the median was 32.16%.

OSTO:VICP PREF.PFD's Return-on-Tangible-Equity is not ranked
in the Real Estate industry.
Industry Median: 3.48 vs OSTO:VICP PREF.PFD: 20.08

Victoria Park AB Return-on-Tangible-Equity Historical Data

The historical data trend for Victoria Park 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.

Victoria Park AB Return-on-Tangible-Equity Chart

Victoria Park AB Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.89 57.58 34.00 36.17 18.18

Victoria Park AB Quarterly Data
Jun14 Sep14 Dec14 Mar15 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 17.35 26.90 13.68 14.99 26.03

Competitive Comparison of Victoria Park AB's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Victoria Park 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.


Victoria Park AB's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

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


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Victoria Park AB Return-on-Tangible-Equity Calculation

Victoria Park 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 )
=1224/( (6180+7284 )/ 2 )
=1224/6732
=18.18 %

Victoria Park 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 )
=1960/( (7284+7773)/ 2 )
=1960/7528.5
=26.03 %

* 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.


Victoria Park AB  (OSTO:VICP 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.


Victoria Park AB Return-on-Tangible-Equity Related Terms

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Victoria Park AB Business Description

Traded in Other Exchanges
N/A
Address
Stora Varvsgatan 13 A, Box 2, Malmo, SWE, 20120
Victoria Park AB is a real estate company operating in Sweden focusing on housing properties in growth areas. The company mainly invests in commercial premises which are in form of community-related activities, such as pre-school, school, health, health, accommodation and education. Its properties are located in Stockholm region, Regions Malmo, region Göteborg and others. The company also develops and constructs restaurants, gyms, cinemas, swimming pools, tennis courts, and spa facilities and others.

Victoria Park AB Headlines

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