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Capital Properties (Capital Properties) Return-on-Tangible-Equity : 25.67% (As of Mar. 2024)


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What is Capital Properties 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. Capital Properties's annualized net income for the quarter that ended in Mar. 2024 was $1.95 Mil. Capital Properties's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $7.60 Mil. Therefore, Capital Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 25.67%.

The historical rank and industry rank for Capital Properties's Return-on-Tangible-Equity or its related term are showing as below:

CPTP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.81   Med: 30.64   Max: 60.98
Current: 31.37

During the past 13 years, Capital Properties's highest Return-on-Tangible-Equity was 60.98%. The lowest was 12.81%. And the median was 30.64%.

CPTP's Return-on-Tangible-Equity is ranked better than
93.7% of 1763 companies
in the Real Estate industry
Industry Median: 2.89 vs CPTP: 31.37

Capital Properties Return-on-Tangible-Equity Historical Data

The historical data trend for Capital Properties'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.

Capital Properties Return-on-Tangible-Equity Chart

Capital Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.34 28.81 25.62 25.02 31.65

Capital Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 27.23 37.92 28.88 33.07 25.67

Competitive Comparison of Capital Properties's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Capital Properties'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.


Capital Properties's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Capital Properties's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Capital Properties's Return-on-Tangible-Equity falls into.



Capital Properties Return-on-Tangible-Equity Calculation

Capital Properties's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=2.327/( (7.112+7.591 )/ 2 )
=2.327/7.3515
=31.65 %

Capital Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=1.952/( (7.591+7.617)/ 2 )
=1.952/7.604
=25.67 %

* 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 four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Capital Properties  (OTCPK:CPTP) 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.


Capital Properties Return-on-Tangible-Equity Related Terms

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


Capital Properties (Capital Properties) Business Description

Traded in Other Exchanges
N/A
Address
5 Steeple Street, Unit 303, Providence, RI, USA, 02903
Capital Properties Inc is a real estate company. The company's business activities include the long-term leasing of certain real estate interests in downtown Providence, Rhode Island, the leasing of a portion of its building under short-term leasing arrangements, and the leasing of locations along interstate and primary highways in Rhode Island and Massachusetts. The properties of the company include historic buildings in and adjacent to the Capital Center District in Providence, Rhode Island, as well as owns several locations on which billboard faces are constructed. Its only operating segment is Leasing.
Executives
Daniel T Noreck director 75 HAMMOND STREET, WORCESTER MA 01610
Linda Eder other: See Remarks 100 DEXTER ROAD, EAST PROVIDENCE RI 02914
Eder 2022 Community Property Trust 10 percent owner 220 SUNRISE AVENUE, SUITE 205, PALM BEACH FL 33480
Robert H Eder director, 10 percent owner, officer: CEO & President 5 STEEPLE STREET, #303, PROVIDENCE RI 02903
Susan R. Johnson officer: Treasurer 5 STEEPLE STREET, UNIT 303, PROVIDENCE RI 02903
Steven G Triedman director 25 POWER STREET, PROVIDENCE RI 02903
P Scott Conti officer: President 75 HAMMOND STREET, WORCESTER MA 01610
Craig M Scott director 75 HAMMOND STREET, WORCESTER MA 01610
Matthew C Baum director 152 IRVING AVENUE, PROVIDENCE RI 02906
Todd D Turcotte officer: Vice President 100 DEXTER ROAD, EAST PROVIDENCE RI 02914
Roy J Nirschel director 45 FERRY ROAD, BRISTOL RI 02809
Alfred J Corso director 6 LEWIS STREET, BARRINGTON RI 02806
Stephen J Carlotti 10 percent owner 1500 FLEET CENTER, PROVIDENCE RI 02903
Barbara J Dreyer officer: Treasurer
Harris N Rosen director

Capital Properties (Capital Properties) Headlines