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Aims Property Securities Fund (ASX:APW) Return-on-Tangible-Equity : 1.77% (As of Dec. 2023)


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What is Aims Property Securities Fund Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Aims Property Securities Fund's annualized net income for the quarter that ended in Dec. 2023 was A$2.50 Mil. Aims Property Securities Fund's average shareholder tangible equity for the quarter that ended in Dec. 2023 was A$141.66 Mil. Therefore, Aims Property Securities Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 1.77%.

The historical rank and industry rank for Aims Property Securities Fund's Return-on-Tangible-Equity or its related term are showing as below:

ASX:APW' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.62   Med: 9.51   Max: 30.87
Current: 12.46

During the past 13 years, Aims Property Securities Fund's highest Return-on-Tangible-Equity was 30.87%. The lowest was -4.62%. And the median was 9.51%.

ASX:APW's Return-on-Tangible-Equity is ranked better than
82.45% of 792 companies
in the REITs industry
Industry Median: 4.605 vs ASX:APW: 12.46

Aims Property Securities Fund Return-on-Tangible-Equity Historical Data

The historical data trend for Aims Property Securities Fund's Return-on-Tangible-Equity 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.

Aims Property Securities Fund Return-on-Tangible-Equity Chart

Aims Property Securities Fund Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.98 -4.62 11.04 3.26 11.14

Aims Property Securities Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Return-on-Tangible-Equity 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 2.85 3.67 -1.33 23.62 1.77

Competitive Comparison of Aims Property Securities Fund's Return-on-Tangible-Equity

For the REIT - Diversified subindustry, Aims Property Securities Fund's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Aims Property Securities Fund's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Aims Property Securities Fund's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Aims Property Securities Fund's Return-on-Tangible-Equity falls into.



Aims Property Securities Fund Return-on-Tangible-Equity Calculation

Aims Property Securities Fund's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=14.888/( (126.144+141.032 )/ 2 )
=14.888/133.588
=11.14 %

Aims Property Securities Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=2.504/( (141.032+142.284)/ 2 )
=2.504/141.658
=1.77 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Aims Property Securities Fund  (ASX:APW) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Aims Property Securities Fund Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Aims Property Securities Fund's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Aims Property Securities Fund (ASX:APW) Business Description

Traded in Other Exchanges
N/A
Address
259 George Street, Level 41, Sydney, NSW, AUS, 2000
Aims Property Securities Fund operates as a real estate securities fund. It invests in listed property trusts, unlisted property trusts, and listed property-related companies, and cash and fixed interest securities. The company manages property and mortgage funds. The investment objective of the fund is to provide investors with regular quarterly income and the potential for long-term capital growth. The company holds investments in a portfolio of property-related securities diversified by property sectors, geographic locations, and fund managers.

Aims Property Securities Fund (ASX:APW) Headlines

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