GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Gallop No 1 Real Estate Investment Trust Fund (TPE:01008T) » Definitions » Return-on-Tangible-Equity

Gallop No 1 Real Estate Investment Trust Fund (TPE:01008T) Return-on-Tangible-Equity : 0.00% (As of . 20)


View and export this data going back to . Start your Free Trial

What is Gallop No 1 Real Estate Investment Trust Fund 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. Gallop No 1 Real Estate Investment Trust Fund's annualized net income for the quarter that ended in . 20 was NT$ Mil. Gallop No 1 Real Estate Investment Trust Fund's average shareholder tangible equity for the quarter that ended in . 20 was NT$ Mil. Therefore, Gallop No 1 Real Estate Investment Trust Fund's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Gallop No 1 Real Estate Investment Trust Fund's Return-on-Tangible-Equity or its related term are showing as below:

TPE:01008T's Return-on-Tangible-Equity is not ranked *
in the REITs industry.
Industry Median: 4.6
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Gallop No 1 Real Estate Investment Trust Fund Return-on-Tangible-Equity Historical Data

The historical data trend for Gallop No 1 Real Estate Investment Trust Fund'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.

Gallop No 1 Real Estate Investment Trust Fund Return-on-Tangible-Equity Chart

Gallop No 1 Real Estate Investment Trust Fund Annual Data
Trend
Return-on-Tangible-Equity

Gallop No 1 Real Estate Investment Trust Fund Quarterly Data
Return-on-Tangible-Equity

Competitive Comparison of Gallop No 1 Real Estate Investment Trust Fund's Return-on-Tangible-Equity

For the REIT - Diversified subindustry, Gallop No 1 Real Estate Investment Trust Fund'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.


Gallop No 1 Real Estate Investment Trust Fund's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Gallop No 1 Real Estate Investment Trust Fund's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Gallop No 1 Real Estate Investment Trust Fund's Return-on-Tangible-Equity falls into.



Gallop No 1 Real Estate Investment Trust Fund Return-on-Tangible-Equity Calculation

Gallop No 1 Real Estate Investment Trust Fund's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Gallop No 1 Real Estate Investment Trust Fund's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

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


Gallop No 1 Real Estate Investment Trust Fund  (TPE:01008T) 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.


Gallop No 1 Real Estate Investment Trust Fund Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Gallop No 1 Real Estate Investment Trust Fund's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Gallop No 1 Real Estate Investment Trust Fund (TPE:01008T) Business Description

Traded in Other Exchanges
N/A
Address
Website
Gallop No.1 Real Estate Investment Trust Fund is a real estate investment trust. It invests in the real estate markets of Taiwan, which includes office buildings, factory buildings, department stores, leasing houses, and hotels.

Gallop No 1 Real Estate Investment Trust Fund (TPE:01008T) Headlines

No Headlines