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NH All-One Reit (XKRX:400760) Return-on-Tangible-Equity : 1.34% (As of Sep. 2023)


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What is NH All-One Reit 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. NH All-One Reit's annualized net income for the quarter that ended in Sep. 2023 was ₩2,496 Mil. NH All-One Reit's average shareholder tangible equity for the quarter that ended in Sep. 2023 was ₩186,873 Mil. Therefore, NH All-One Reit's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was 1.34%.

The historical rank and industry rank for NH All-One Reit's Return-on-Tangible-Equity or its related term are showing as below:

XKRX:400760' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.64   Med: -2.1   Max: 2.84
Current: 1.07

During the past 3 years, NH All-One Reit's highest Return-on-Tangible-Equity was 2.84%. The lowest was -3.64%. And the median was -2.10%.

XKRX:400760's Return-on-Tangible-Equity is ranked worse than
66.29% of 792 companies
in the REITs industry
Industry Median: 4.595 vs XKRX:400760: 1.07

NH All-One Reit Return-on-Tangible-Equity Historical Data

The historical data trend for NH All-One Reit'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.

NH All-One Reit Return-on-Tangible-Equity Chart

NH All-One Reit Annual Data
Trend Jun20 Jun21 Jun22
Return-on-Tangible-Equity
-3.64 -2.10 2.84

NH All-One Reit Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23
Return-on-Tangible-Equity - 2.27 0.79 0.81 1.34

Competitive Comparison of NH All-One Reit's Return-on-Tangible-Equity

For the REIT - Diversified subindustry, NH All-One Reit'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.


NH All-One Reit's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, NH All-One Reit's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where NH All-One Reit's Return-on-Tangible-Equity falls into.



NH All-One Reit Return-on-Tangible-Equity Calculation

NH All-One Reit's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=3489.896/( (46173.845+199259.791 )/ 2 )
=3489.896/122716.818
=2.84 %

NH All-One Reit's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=2496.104/( (189059.773+184685.608)/ 2 )
=2496.104/186872.6905
=1.34 %

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


NH All-One Reit  (XKRX:400760) 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.


NH All-One Reit Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of NH All-One Reit's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


NH All-One Reit (XKRX:400760) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2, 5, Gukjegeumyung-Ro, Yeongdeungpo-Gu, Seoul, KOR
Website
NH All-One Reit is engaged in the real estate leasing and supply business.

NH All-One Reit (XKRX:400760) Headlines

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