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Custodian Propertyome REIT (LSE:CREI) Return-on-Tangible-Equity : -1.24% (As of Sep. 2023)


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What is Custodian Propertyome REIT 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. Custodian Propertyome REIT's annualized net income for the quarter that ended in Sep. 2023 was £-5.33 Mil. Custodian Propertyome REIT's average shareholder tangible equity for the quarter that ended in Sep. 2023 was £430.17 Mil. Therefore, Custodian Propertyome REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was -1.24%.

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

LSE:CREI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.64   Med: 5.62   Max: 26.1
Current: -11.98

During the past 10 years, Custodian Propertyome REIT's highest Return-on-Tangible-Equity was 26.10%. The lowest was -13.64%. And the median was 5.62%.

LSE:CREI's Return-on-Tangible-Equity is ranked worse than
90.4% of 792 companies
in the REITs industry
Industry Median: 4.66 vs LSE:CREI: -11.98

Custodian Propertyome REIT Return-on-Tangible-Equity Historical Data

The historical data trend for Custodian Propertyome REIT'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.

Custodian Propertyome REIT Return-on-Tangible-Equity Chart

Custodian Propertyome REIT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.62 0.50 0.90 26.10 -13.64

Custodian Propertyome REIT Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 22.47 30.51 -5.48 -22.04 -1.24

Competitive Comparison of Custodian Propertyome REIT's Return-on-Tangible-Equity

For the REIT - Diversified subindustry, Custodian Propertyome REIT'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.


Custodian Propertyome REIT's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Custodian Propertyome REIT's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Custodian Propertyome REIT's Return-on-Tangible-Equity falls into.



Custodian Propertyome REIT Return-on-Tangible-Equity Calculation

Custodian Propertyome REIT's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=-65.821/( (527.64+437.569 )/ 2 )
=-65.821/482.6045
=-13.64 %

Custodian Propertyome REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=-5.332/( (437.569+422.78)/ 2 )
=-5.332/430.1745
=-1.24 %

* 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 (Sep. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Custodian Propertyome REIT  (LSE:CREI) 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.


Custodian Propertyome REIT Return-on-Tangible-Equity Related Terms

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Custodian Propertyome REIT (LSE:CREI) Business Description

Traded in Other Exchanges
Address
1 New Walk Place, Leicester, GBR, LE1 6RU
Custodian Property Income REIT PLC is a real estate investment trust with a portfolio of regional properties let to institutional grade tenants throughout the United Kingdom. The company's only operating segment is an investment in commercial properties. Its investment objective is to provide its shareholders with income by maintaining a high level of dividend, covered by earnings, with a level of gearing. The company properties consist of industrial, office, retail and other properties. It derives its revenue from the rental income it receives from the investment property.

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