TMM Real Estate Development (FRA:TR61) ROE %: 205.07% (As of Dec. 2023)


FRA:TR61 TMM Real Estate Development PLC FRA:TR61
39 GF Score
Price €0.06
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What is TMM Real Estate Development ROE %?

TMM Real Estate Development FRA:TR61 39 ROE % is 205.07% as of Dec. 2023. GuruFocus rates FRA:TR61 with a GF Score™ of 39/100.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. TMM Real Estate Development's annualized net income for the quarter that ended in Dec. 2023 was €1.98 Mil. TMM Real Estate Development's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was €0.97 Mil. Therefore, TMM Real Estate Development's annualized ROE % for the quarter that ended in Dec. 2023 was 205.07%.

The historical rank and industry rank for TMM Real Estate Development's ROE % or its related term are showing as below:

FRA:TR61's ROE % is not ranked *
in the Real Estate industry.
Industry Median: 3.96
* Ranked among companies with meaningful ROE % only.

TMM Real Estate Development  (FRA:TR61) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=1.981/0.966
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.981 / 17.516)*(17.516 / 18.0515)*(18.0515 / 0.966)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.31 %*0.9703*18.6869
=ROA %*Equity Multiplier
=10.97 %*18.6869
=205.07 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=1.981/0.966
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1.981 / 1.999) * (1.999 / 2.323) * (2.323 / 17.516) * (17.516 / 18.0515) * (18.0515 / 0.966)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.991 * 0.8605 * 13.26 % * 0.9703 * 18.6869
=205.07 %

Note: The net income data used here is one times the annual (Dec. 2023) net income data. The Revenue data used here is one times the annual (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


TMM Real Estate Development ROE % Related Terms


TMM Real Estate Development ROE % Historical Data

* Premium members only.

The historical data trend for TMM Real Estate Development's ROE % 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.

TMM Real Estate Development ROE % Chart

TMM Real Estate Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 176.75 8.92 3.81 -166.78 205.07

TMM Real Estate Development Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE % 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 176.75 8.92 3.81 -166.78 205.07

TMM Real Estate Development ROE % Competitor Comparison

For the Real Estate - Diversified subindustry, TMM Real Estate Development's ROE %, along with its competitors' market caps and ROE % 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.


TMM Real Estate Development ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, TMM Real Estate Development's ROE % distribution charts can be found below:

* The bar in red indicates where TMM Real Estate Development's ROE % falls into.


FRA:TR61
39GF Score
TMM Real Estate Development PLC FRA:TR61
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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TMM Real Estate Development ROE % Calculation

TMM Real Estate Development's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=1.981/( (0.004+1.928)/ 2 )
=1.981/0.966
=205.07 %

TMM Real Estate Development's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=1.981/( (0.004+1.928)/ 2 )
=1.981/0.966
=205.07 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is one times the annual (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 205.07% mean?
TMM Real Estate Development (FRA:TR61) has a ROE % of 205.07% as of Dec. 2023. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on TMM Real Estate Development and its competitors.
Is TMM Real Estate Development's ROE % too high?
TMM Real Estate Development's current ROE % is 205.07%. The Real Estate industry median ROE % is 3.96. TMM Real Estate Development's value of 205.07% is 5078.5% above this industry median. Overall, TMM Real Estate Development has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does TMM Real Estate Development's ROE % compare to competitors?
TMM Real Estate Development's ROE % of 205.07% can be compared against companies in the Real Estate industry. The industry median ROE % is 3.96. TMM Real Estate Development's value of 205.07% is 5078.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Real Estate company?
The median ROE % among Real Estate companies is 3.96, based on 1,735 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TMM Real Estate Development's current ROE % of 205.07% is 5078.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on TMM Real Estate Development and its competitors. For the Real Estate industry, the median ROE % is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TMM Real Estate Development's current ROE % is 205.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMM Real Estate Development stock overvalued right now?
TMM Real Estate Development (FRA:TR61) has a current ROE % of 205.07%. The current ROE % is 205.07% and 5078.5% above the Real Estate industry median of 3.96. TMM Real Estate Development's overall GF Score™ is 39/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For TMM Real Estate Development (FRA:TR61), the current ROE % is 205.07% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TMM Real Estate Development Business Description

Address 49A, Volodymyrska Street, Kyiv, UKR, 04116
TMM Real Estate Development PLC operates as a real estate development and construction company and develops the construction of residential complexes on a turnkey basis, which covers all complex construction and fine finishing works as well as post-construction utility services for the completed projects. It operates in the following segments: Investment Property; Property Development & Construction; Utility and Management Services; and Air Mobility Solutions. The Investment Property segment leases residential and commercial property owned by the group. The Property Development & Construction segment builds and sells residential and commercial property and renders construction services. The Air Mobility Solutions segment earns the majority of revenue.
39GF Score

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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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