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Cohen & Steers Real Estate Opportunities andome Fund (Cohen & Steers Real Estate Opportunities andome Fund) ROE % : 0.00% (As of Dec. 2023)


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What is Cohen & Steers Real Estate Opportunities andome Fund ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Cohen & Steers Real Estate Opportunities andome Fund's annualized net income for the quarter that ended in Dec. 2023 was $0.00 Mil. Cohen & Steers Real Estate Opportunities andome Fund's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $268.37 Mil. Therefore, Cohen & Steers Real Estate Opportunities andome Fund's annualized ROE % for the quarter that ended in Dec. 2023 was 0.00%.

The historical rank and industry rank for Cohen & Steers Real Estate Opportunities andome Fund's ROE % or its related term are showing as below:

During the past 2 years, Cohen & Steers Real Estate Opportunities andome Fund's highest ROE % was 11.50%. The lowest was 0.00%. And the median was 11.50%.

RLTY's ROE % is not ranked *
in the Asset Management industry.
Industry Median: 4.5
* Ranked among companies with meaningful ROE % only.

Cohen & Steers Real Estate Opportunities andome Fund ROE % Historical Data

The historical data trend for Cohen & Steers Real Estate Opportunities andome Fund'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.

Cohen & Steers Real Estate Opportunities andome Fund ROE % Chart

Cohen & Steers Real Estate Opportunities andome Fund Annual Data
Trend Dec22 Dec23
ROE %
- 11.50

Cohen & Steers Real Estate Opportunities andome Fund Quarterly Data
Jun22 Jun23 Dec23
ROE % - - -

Competitive Comparison of Cohen & Steers Real Estate Opportunities andome Fund's ROE %

For the Asset Management subindustry, Cohen & Steers Real Estate Opportunities andome Fund'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.


Cohen & Steers Real Estate Opportunities andome Fund's ROE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cohen & Steers Real Estate Opportunities andome Fund's ROE % distribution charts can be found below:

* The bar in red indicates where Cohen & Steers Real Estate Opportunities andome Fund's ROE % falls into.



Cohen & Steers Real Estate Opportunities andome Fund ROE % Calculation

Cohen & Steers Real Estate Opportunities andome Fund'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 )
=30.432/( (260.456+268.942)/ 2 )
=30.432/264.699
=11.50 %

Cohen & Steers Real Estate Opportunities andome Fund's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=0/( (267.798+268.942)/ 2 )
=0/268.37
=0.00 %

* 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 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.


Cohen & Steers Real Estate Opportunities andome Fund  (NYSE:RLTY) 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
=0/268.37
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 431.943)*(431.943 / 268.37)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.6095
=ROA %*Equity Multiplier
=N/A %*1.6095
=0.00 %

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
=0/268.37
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0 / 0) * (0 / 0) * (0 / 431.943) * (431.943 / 268.37)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= N/A * N/A % * 0 * 1.6095
=0.00 %

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.


Cohen & Steers Real Estate Opportunities andome Fund ROE % Related Terms

Thank you for viewing the detailed overview of Cohen & Steers Real Estate Opportunities andome Fund's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cohen & Steers Real Estate Opportunities andome Fund (Cohen & Steers Real Estate Opportunities andome Fund) Business Description

Traded in Other Exchanges
N/A
Address
280 Park Avenue, New York, NY, USA, 10017
Cohen & Steers Real Estate Opportunities and Income Fund is an organized, non-diversified, closed-end management investment company. The Fund's primary investment objective is high current income. The Fund's secondary investment objective is capital appreciation.
Executives
Jane F. Magpiong director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jason Yablon officer: Vice President, other: Portfolio Manager 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Ramona Lynn Rogers-windsor director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Dean Junkans director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Yigal Dan Jhirad officer: Vice President, other: Portfolio Manager 280 PARK AVENUE, C/O COHEN & STEERS, NEW YORK NY 10017
Gerald J. Maginnis director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Dana Devivo officer: See Remarks 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jerry Dorost officer: Vice President, other: Portfolio Manager 280 PARK AVENUE, NEW YORK NY 10017
Christian Corkery officer: Assistant Secretary 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Edward C Delk officer: See Remarks 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Mathew Kirschner officer: Vice President, other: Portfolio Manager 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
George Grossman director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
William F Scapell officer: Vice President, other: Portfolio Manager C/O COHEN & STEERS, 280 PARK AVENUE, NEW YORK NY 10017
Albert Laskaj officer: See Remarks COHEN & STEERS, 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Daphne L Richards director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017

Cohen & Steers Real Estate Opportunities andome Fund (Cohen & Steers Real Estate Opportunities andome Fund) Headlines