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LaSalle LOGIPORT REIT (TSE:3466) ROE % : 5.89% (As of Feb. 2024)


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What is LaSalle LOGIPORT REIT ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. LaSalle LOGIPORT REIT's annualized net income for the quarter that ended in Feb. 2024 was 円13,281 Mil. LaSalle LOGIPORT REIT's average Total Stockholders Equity over the quarter that ended in Feb. 2024 was 円225,466 Mil. Therefore, LaSalle LOGIPORT REIT's annualized ROE % for the quarter that ended in Feb. 2024 was 5.89%.

The historical rank and industry rank for LaSalle LOGIPORT REIT's ROE % or its related term are showing as below:

TSE:3466' s ROE % Range Over the Past 10 Years
Min: 4.64   Med: 4.84   Max: 6.36
Current: 5.3

During the past 7 years, LaSalle LOGIPORT REIT's highest ROE % was 6.36%. The lowest was 4.64%. And the median was 4.84%.

TSE:3466's ROE % is ranked better than
53.45% of 827 companies
in the REITs industry
Industry Median: 4.8 vs TSE:3466: 5.30

LaSalle LOGIPORT REIT ROE % Historical Data

The historical data trend for LaSalle LOGIPORT REIT'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.

LaSalle LOGIPORT REIT ROE % Chart

LaSalle LOGIPORT REIT Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
ROE %
Get a 7-Day Free Trial 5.62 6.36 5.56 4.78 4.64

LaSalle LOGIPORT REIT Semi-Annual Data
Mar16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 4.82 4.73 4.77 4.64 5.89

Competitive Comparison of LaSalle LOGIPORT REIT's ROE %

For the REIT - Industrial subindustry, LaSalle LOGIPORT REIT'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.


LaSalle LOGIPORT REIT's ROE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, LaSalle LOGIPORT REIT's ROE % distribution charts can be found below:

* The bar in red indicates where LaSalle LOGIPORT REIT's ROE % falls into.



LaSalle LOGIPORT REIT ROE % Calculation

LaSalle LOGIPORT REIT's annualized ROE % for the fiscal year that ended in Aug. 2023 is calculated as

ROE %=Net Income (A: Aug. 2023 )/( (Total Stockholders Equity (A: Aug. 2022 )+Total Stockholders Equity (A: Aug. 2023 ))/ count )
=10188.22/( (213854.479+225031.296)/ 2 )
=10188.22/219442.8875
=4.64 %

LaSalle LOGIPORT REIT's annualized ROE % for the quarter that ended in Feb. 2024 is calculated as

ROE %=Net Income (Q: Feb. 2024 )/( (Total Stockholders Equity (Q: Aug. 2023 )+Total Stockholders Equity (Q: Feb. 2024 ))/ count )
=13281.236/( (225031.296+225899.794)/ 2 )
=13281.236/225465.545
=5.89 %

* 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 two times the semi-annual (Feb. 2024) net income data. ROE % is displayed in the 30-year financial page.


LaSalle LOGIPORT REIT  (TSE:3466) 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: Feb. 2024 )
=Net Income/Total Stockholders Equity
=13281.236/225465.545
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(13281.236 / 26249.522)*(26249.522 / 407046.5085)*(407046.5085 / 225465.545)
=Net Margin %*Asset Turnover*Equity Multiplier
=50.6 %*0.0645*1.8054
=ROA %*Equity Multiplier
=3.26 %*1.8054
=5.89 %

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: Feb. 2024 )
=Net Income/Total Stockholders Equity
=13281.236/225465.545
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (13281.236 / 13282.888) * (13282.888 / 14709.55) * (14709.55 / 26249.522) * (26249.522 / 407046.5085) * (407046.5085 / 225465.545)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9999 * 0.903 * 56.04 % * 0.0645 * 1.8054
=5.89 %

Note: The net income data used here is two times the semi-annual (Feb. 2024) net income data. The Revenue data used here is two times the semi-annual (Feb. 2024) 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.


LaSalle LOGIPORT REIT ROE % Related Terms

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LaSalle LOGIPORT REIT Business Description

Traded in Other Exchanges
N/A
Address
Marunouchi, 1-11-1, Marunouchi, 14th Floor, Pacific Century Place, Chiyoda-ku, Tokyo, JPN
LaSalle LOGIPORT REIT is a Japan-based real estate investment trust. The company intends to invest in facilities that cater to its tenant's needs for integrated and efficient logistics operations. The majority of firm's assets are located in Tokyo area. The firm focuses on investments in prime logistics within the Tokyo and Osaka area. Its growth strategy is backed by the sponsor group's support.

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