GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ki-Star Real Estate Co Ltd (TSE:3465) » Definitions » Return-on-Tangible-Equity

Ki-Star Real Estate Co (TSE:3465) Return-on-Tangible-Equity : 17.00% (As of Sep. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Ki-Star 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. Ki-Star Real Estate Co's annualized net income for the quarter that ended in Sep. 2024 was 円9,428 Mil. Ki-Star Real Estate Co's average shareholder tangible equity for the quarter that ended in Sep. 2024 was 円55,452 Mil. Therefore, Ki-Star Real Estate Co's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 17.00%.

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

TSE:3465' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.67   Med: 25.52   Max: 44.97
Current: 14.6

During the past 10 years, Ki-Star Real Estate Co's highest Return-on-Tangible-Equity was 44.97%. The lowest was 9.67%. And the median was 25.52%.

TSE:3465's Return-on-Tangible-Equity is ranked better than
84.42% of 1720 companies
in the Real Estate industry
Industry Median: 3.57 vs TSE:3465: 14.60

Ki-Star Real Estate Co Return-on-Tangible-Equity Historical Data

The historical data trend for Ki-Star 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.

Ki-Star Real Estate Co Return-on-Tangible-Equity Chart

Ki-Star Real Estate Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.27 38.78 44.97 25.50 13.21

Ki-Star Real Estate Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 13.61 15.78 9.58 17.00 15.80

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

For the Real Estate Services subindustry, Ki-Star 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.


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

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

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


;
;

Ki-Star Real Estate Co Return-on-Tangible-Equity Calculation

Ki-Star Real Estate Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=6856.301/( (50039.431+53804.37 )/ 2 )
=6856.301/51921.9005
=13.21 %

Ki-Star Real Estate Co's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=9428/( (0+55452)/ 1 )
=9428/55452
=17.00 %

* 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 (Sep. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Ki-Star Real Estate Co  (TSE:3465) 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.


Ki-Star Real Estate Co Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Ki-Star Real Estate Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Ki-Star Real Estate Co Business Description

Traded in Other Exchanges
N/A
Address
762-1 Nishitomida, Honjyo, Saitama, JPN, 367-0035
Ki-Star Real Estate Co Ltd operates as a real estate company. It is involved in the detached housing, custom housing, condominium, real estate distribution, asset, management, and residential land development businesses. The company also provides brokerage services as intermediary between sellers and buyers of real estate property.

Ki-Star Real Estate Co Headlines

No Headlines