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Igis Value Plus REIT (XKRX:334890) ROE % : 1.34% (As of Nov. 2024)


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What is Igis Value Plus REIT ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Igis Value Plus REIT's annualized net income for the quarter that ended in Nov. 2024 was ₩5,265 Mil. Igis Value Plus REIT's average Total Stockholders Equity over the quarter that ended in Nov. 2024 was ₩391,716 Mil. Therefore, Igis Value Plus REIT's annualized ROE % for the quarter that ended in Nov. 2024 was 1.34%.

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

XKRX:334890' s ROE % Range Over the Past 10 Years
Min: -1.67   Med: 5.34   Max: 47.51
Current: -1.67

During the past 6 years, Igis Value Plus REIT's highest ROE % was 47.51%. The lowest was -1.67%. And the median was 5.34%.

XKRX:334890's ROE % is ranked worse than
83.12% of 924 companies
in the REITs industry
Industry Median: 5.4 vs XKRX:334890: -1.67

Igis Value Plus REIT ROE % Historical Data

The historical data trend for Igis Value Plus 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.

Igis Value Plus REIT ROE % Chart

Igis Value Plus REIT Annual Data
Trend Oct19 Aug20 Feb21 Feb22 Feb23 Feb24
ROE %
Get a 7-Day Free Trial 47.51 1.77 2.69 11.98 7.99

Igis Value Plus REIT Semi-Annual Data
Jan20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 -1.30 17.16 -4.53 1.34

Competitive Comparison of Igis Value Plus REIT's ROE %

For the REIT - Office subindustry, Igis Value Plus 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.


Igis Value Plus REIT's ROE % Distribution in the REITs Industry

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

* The bar in red indicates where Igis Value Plus REIT's ROE % falls into.


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Igis Value Plus REIT ROE % Calculation

Igis Value Plus REIT's annualized ROE % for the fiscal year that ended in Feb. 2024 is calculated as

ROE %=Net Income (A: Feb. 2024 )/( (Total Stockholders Equity (A: Feb. 2023 )+Total Stockholders Equity (A: Feb. 2024 ))/ count )
=29482.591/( (315300.292+422826.232)/ 2 )
=29482.591/369063.262
=7.99 %

Igis Value Plus REIT's annualized ROE % for the quarter that ended in Nov. 2024 is calculated as

ROE %=Net Income (Q: Nov. 2024 )/( (Total Stockholders Equity (Q: May. 2024 )+Total Stockholders Equity (Q: Nov. 2024 ))/ count )
=5264.946/( (402605.588+380826.925)/ 2 )
=5264.946/391716.2565
=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 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 (Nov. 2024) net income data. ROE % is displayed in the 30-year financial page.


Igis Value Plus REIT  (XKRX:334890) 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: Nov. 2024 )
=Net Income/Total Stockholders Equity
=5264.946/391716.2565
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5264.946 / 9552.644)*(9552.644 / 530449.5415)*(530449.5415 / 391716.2565)
=Net Margin %*Asset Turnover*Equity Multiplier
=55.12 %*0.018*1.3542
=ROA %*Equity Multiplier
=0.99 %*1.3542
=1.34 %

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: Nov. 2024 )
=Net Income/Total Stockholders Equity
=5264.946/391716.2565
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5264.946 / 5140.598) * (5140.598 / 7610.578) * (7610.578 / 9552.644) * (9552.644 / 530449.5415) * (530449.5415 / 391716.2565)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0242 * 0.6755 * 79.67 % * 0.018 * 1.3542
=1.34 %

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


Igis Value Plus REIT ROE % Related Terms

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Igis Value Plus REIT Business Description

Traded in Other Exchanges
N/A
Address
115, Yeouigongwon-ro, Yeongdeungpo-gu, 14th Floor, Sewoo Building, Seoul, KOR, 07241
Igis Value Plus REIT is a real estate investment company. The investment objective is to grow capital and to generate returns through various strategies based on long-term risk and market cycle analysis.

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