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CapitaLand India Trust (SGX:CY6U) Return-on-Tangible-Equity : 17.41% (As of Dec. 2023)


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What is CapitaLand India Trust 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. CapitaLand India Trust's annualized net income for the quarter that ended in Dec. 2023 was S$244.3 Mil. CapitaLand India Trust's average shareholder tangible equity for the quarter that ended in Dec. 2023 was S$1,402.7 Mil. Therefore, CapitaLand India Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 17.41%.

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

SGX:CY6U' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.79   Med: 13.27   Max: 23.1
Current: 10.83

During the past 13 years, CapitaLand India Trust's highest Return-on-Tangible-Equity was 23.10%. The lowest was 8.79%. And the median was 13.27%.

SGX:CY6U's Return-on-Tangible-Equity is ranked better than
77.71% of 1763 companies
in the Real Estate industry
Industry Median: 2.93 vs SGX:CY6U: 10.83

CapitaLand India Trust Return-on-Tangible-Equity Historical Data

The historical data trend for CapitaLand India Trust'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.

CapitaLand India Trust Return-on-Tangible-Equity Chart

CapitaLand India Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.59 11.55 14.99 10.49 10.50

CapitaLand India Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 21.10 6.96 13.58 3.96 17.41

Competitive Comparison of CapitaLand India Trust's Return-on-Tangible-Equity

For the Real Estate Services subindustry, CapitaLand India Trust'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.


CapitaLand India Trust's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

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



CapitaLand India Trust Return-on-Tangible-Equity Calculation

CapitaLand India Trust'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 )
=147.429/( (1277.84+1531.241 )/ 2 )
=147.429/1404.5405
=10.50 %

CapitaLand India Trust'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 )
=244.27/( (1274.221+1531.241)/ 2 )
=244.27/1402.731
=17.41 %

* 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.


CapitaLand India Trust  (SGX:CY6U) 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.


CapitaLand India Trust Return-on-Tangible-Equity Related Terms

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CapitaLand India Trust (SGX:CY6U) Business Description

Traded in Other Exchanges
Address
No. 30-01, 168 Robinson Road, Capital Tower, Singapore, SGP, 068912
CapitaLand India Trust is a Singapore-listed property trust that obtains portfolio returns for unitholders by investing in information technology, or IT, parks, and office properties in major Indian cities. Group revenue is derived primarily from corporate tenants. The company focuses on the purchase and development of properties to be used primarily for business space. A-iTrust may also purchase, hold and develop land or uncompleted developments to be used for business space to hold the properties upon completion. A-iTrust is positioned to capitalize on the IT and business process management industries in India.

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