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Banan Real Estate Co (SAU:9519) Return-on-Tangible-Equity : 8.02% (As of Dec. 2023)


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What is Banan Real Estate Co 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. Banan Real Estate Co's annualized net income for the quarter that ended in Dec. 2023 was ﷼29.91 Mil. Banan Real Estate Co's average shareholder tangible equity for the quarter that ended in Dec. 2023 was ﷼372.76 Mil. Therefore, Banan Real Estate Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 8.02%.

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

SAU:9519' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.17   Med: 7.63   Max: 8.15
Current: 7.85

During the past 4 years, Banan Real Estate Co's highest Return-on-Tangible-Equity was 8.15%. The lowest was 5.17%. And the median was 7.63%.

SAU:9519's Return-on-Tangible-Equity is ranked better than
70.02% of 1761 companies
in the Real Estate industry
Industry Median: 2.8 vs SAU:9519: 7.85

Banan Real Estate Co Return-on-Tangible-Equity Historical Data

The historical data trend for Banan Real Estate Co'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.

Banan Real Estate Co Return-on-Tangible-Equity Chart

Banan Real Estate Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
5.17 7.40 8.15 7.85

Banan Real Estate Co Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial 6.75 8.73 7.54 7.67 8.02

Competitive Comparison of Banan Real Estate Co's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Banan Real Estate Co'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.


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

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

* The bar in red indicates where Banan Real Estate Co's Return-on-Tangible-Equity falls into.



Banan Real Estate Co Return-on-Tangible-Equity Calculation

Banan Real Estate Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=28.766/( (354.007+378.933 )/ 2 )
=28.766/366.47
=7.85 %

Banan Real Estate Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=29.912/( (366.586+378.933)/ 2 )
=29.912/372.7595
=8.02 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Banan Real Estate Co  (SAU:9519) 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.


Banan Real Estate Co Return-on-Tangible-Equity Related Terms

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Banan Real Estate Co (SAU:9519) Business Description

Traded in Other Exchanges
N/A
Address
Takhassusi Road with Prince Sultan bin Abdulaziz Street, P.O. Box 42, Olaya District, Riyadh, SAU, 11411
Banan Real Estate Co is engaged in the field of investment and development of income-generating real estate. The main activity of the company is the management and leasing of commercial and residential real estate and hotels. Geographically company derives its revenue from Saudi Arabia.

Banan Real Estate Co (SAU:9519) Headlines

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