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The Real Brokerage (The Real Brokerage) Return-on-Tangible-Equity : -341.75% (As of Mar. 2024)


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What is The Real Brokerage 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. The Real Brokerage's annualized net income for the quarter that ended in Mar. 2024 was $-64.4 Mil. The Real Brokerage's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $18.8 Mil. Therefore, The Real Brokerage's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -341.75%.

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

REAX' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -284.79   Med: -120.57   Max: -73.15
Current: -284.79

During the past 5 years, The Real Brokerage's highest Return-on-Tangible-Equity was -73.15%. The lowest was -284.79%. And the median was -120.57%.

REAX's Return-on-Tangible-Equity is ranked worse than
99.21% of 1763 companies
in the Real Estate industry
Industry Median: 2.93 vs REAX: -284.79

The Real Brokerage Return-on-Tangible-Equity Historical Data

The historical data trend for The Real Brokerage'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.

The Real Brokerage Return-on-Tangible-Equity Chart

The Real Brokerage Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
- - -73.15 -120.57 -168.60

The Real Brokerage 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 -401.93 -226.86 -166.43 -267.37 -341.75

Competitive Comparison of The Real Brokerage's Return-on-Tangible-Equity

For the Real Estate Services subindustry, The Real Brokerage'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.


The Real Brokerage's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

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



The Real Brokerage Return-on-Tangible-Equity Calculation

The Real Brokerage'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 )
=-27.501/( (8.182+24.44 )/ 2 )
=-27.501/16.311
=-168.60 %

The Real Brokerage'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 )
=-64.388/( (24.44+13.241)/ 2 )
=-64.388/18.8405
=-341.75 %

* 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.


The Real Brokerage  (NAS:REAX) 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.


The Real Brokerage Return-on-Tangible-Equity Related Terms

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


The Real Brokerage (The Real Brokerage) Business Description

Traded in Other Exchanges
Address
133 Richmond Street West, Suite 302, Toronto, ON, CAN, M5H 2L3
The Real Brokerage Inc is a technology-powered real estate brokerage firm. It has developed, integrated, and adopted various mobile and desktop-focused technologies to create a comprehensive offering to its agents and to assist Real with its brokerage operations. The group delivers a cloud-based platform to improve efficiencies and empower real estate agents to provide a seamless end-to-end experience for homebuyers and sellers.