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Fubon No 2 Real Estate Investment Trust (TPE:01004T) Return-on-Tangible-Equity : 3.26% (As of Jun. 2016)


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What is Fubon No 2 Real Estate Investment 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. Fubon No 2 Real Estate Investment Trust's annualized net income for the quarter that ended in Jun. 2016 was NT$284.0 Mil. Fubon No 2 Real Estate Investment Trust's average shareholder tangible equity for the quarter that ended in Jun. 2016 was NT$8,723.3 Mil. Therefore, Fubon No 2 Real Estate Investment Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2016 was 3.26%.

The historical rank and industry rank for Fubon No 2 Real Estate Investment Trust's Return-on-Tangible-Equity or its related term are showing as below:

TPE:01004T's Return-on-Tangible-Equity is not ranked *
in the REITs industry.
Industry Median: 4.66
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Fubon No 2 Real Estate Investment Trust Return-on-Tangible-Equity Historical Data

The historical data trend for Fubon No 2 Real Estate Investment 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.

Fubon No 2 Real Estate Investment Trust Return-on-Tangible-Equity Chart

Fubon No 2 Real Estate Investment Trust Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.93 3.63 3.34 3.35 3.34

Fubon No 2 Real Estate Investment Trust Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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 3.28 3.38 3.28 3.39 3.26

Competitive Comparison of Fubon No 2 Real Estate Investment Trust's Return-on-Tangible-Equity

For the REIT - Office subindustry, Fubon No 2 Real Estate Investment 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.


Fubon No 2 Real Estate Investment Trust's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fubon No 2 Real Estate Investment Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Fubon No 2 Real Estate Investment Trust's Return-on-Tangible-Equity falls into.



Fubon No 2 Real Estate Investment Trust Return-on-Tangible-Equity Calculation

Fubon No 2 Real Estate Investment Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=290.735/( (8660.334+8740.969 )/ 2 )
=290.735/8700.6515
=3.34 %

Fubon No 2 Real Estate Investment Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2016 )  (Q: Dec. 2015 )(Q: Jun. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2016 )  (Q: Dec. 2015 )(Q: Jun. 2016 )
=283.978/( (8740.969+8705.717)/ 2 )
=283.978/8723.343
=3.26 %

* 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 (Jun. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Fubon No 2 Real Estate Investment Trust  (TPE:01004T) 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.


Fubon No 2 Real Estate Investment Trust Return-on-Tangible-Equity Related Terms

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Fubon No 2 Real Estate Investment Trust (TPE:01004T) Business Description

Traded in Other Exchanges
N/A
Address
10th Floor No. 258, Section 4, Jen-Ai Road, Taipei, TWN
Fubon No 2 Real Estate Investment Trust leases and operates office and commercial buildings. Its activities include real estate transactions, counseling and development of construction business to improve the pre-sale system. The company also provides financial collateral for real estate assessment and non-performing collateral valuation collateral.

Fubon No 2 Real Estate Investment Trust (TPE:01004T) Headlines

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