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Mapletree Industrial Trust (Mapletree Industrial Trust) ROE % : 6.90% (As of Dec. 2023)


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What is Mapletree Industrial Trust ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mapletree Industrial Trust's annualized net income for the quarter that ended in Dec. 2023 was $286.2 Mil. Mapletree Industrial Trust's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $4,146.3 Mil. Therefore, Mapletree Industrial Trust's annualized ROE % for the quarter that ended in Dec. 2023 was 6.90%.

The historical rank and industry rank for Mapletree Industrial Trust's ROE % or its related term are showing as below:

MAPIF' s ROE % Range Over the Past 10 Years
Min: 4.41   Med: 10.97   Max: 17.25
Current: 4.84

During the past 13 years, Mapletree Industrial Trust's highest ROE % was 17.25%. The lowest was 4.41%. And the median was 10.97%.

MAPIF's ROE % is ranked better than
52.52% of 794 companies
in the REITs industry
Industry Median: 4.25 vs MAPIF: 4.84

Mapletree Industrial Trust ROE % Historical Data

The historical data trend for Mapletree Industrial Trust'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.

* Premium members only.

Mapletree Industrial Trust ROE % Chart

Mapletree Industrial Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.17 10.88 4.53 9.34 5.32

Mapletree Industrial Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 7.11 -0.84 6.70 6.47 6.90

Competitive Comparison of Mapletree Industrial Trust's ROE %

For the REIT - Industrial subindustry, Mapletree Industrial Trust'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.


Mapletree Industrial Trust's ROE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mapletree Industrial Trust's ROE % distribution charts can be found below:

* The bar in red indicates where Mapletree Industrial Trust's ROE % falls into.



Mapletree Industrial Trust ROE % Calculation

Mapletree Industrial Trust's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=210.113/( (3885.799+4010.395)/ 2 )
=210.113/3948.097
=5.32 %

Mapletree Industrial Trust's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=286.2/( (4136.922+4155.622)/ 2 )
=286.2/4146.272
=6.90 %

* 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 four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Mapletree Industrial Trust  (OTCPK:MAPIF) 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
=286.2/4146.272
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(286.2 / 493.152)*(493.152 / 6727.8175)*(6727.8175 / 4146.272)
=Net Margin %*Asset Turnover*Equity Multiplier
=58.03 %*0.0733*1.6226
=ROA %*Equity Multiplier
=4.25 %*1.6226
=6.90 %

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
=286.2/4146.272
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (286.2 / 291.72) * (291.72 / 339.48) * (339.48 / 493.152) * (493.152 / 6727.8175) * (6727.8175 / 4146.272)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9811 * 0.8593 * 68.84 % * 0.0733 * 1.6226
=6.90 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (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.


Mapletree Industrial Trust ROE % Related Terms

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Mapletree Industrial Trust (Mapletree Industrial Trust) Business Description

Traded in Other Exchanges
Address
10 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Industrial Trust is a real estate investment trust focusing on industrial properties and data centers. Its property portfolio consists of 85 properties in Singapore and 56 properties in North America (including 13 data centers held through a joint venture with its sponsor, Mapletree Investments Private Limited). Types of property owned includes data centers, high-tech buildings, business parks and general industrial. The trust is externally managed by Mapletree Industrial Trust Management Limited, a subsidiary of its sponsor, which owns around 31% stake in the trust.

Mapletree Industrial Trust (Mapletree Industrial Trust) Headlines

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