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APAC Realty (SGX:CLN) Return-on-Tangible-Equity : 29.08% (As of Dec. 2023)


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What is APAC Realty 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. APAC Realty's annualized net income for the quarter that ended in Dec. 2023 was S$13.5 Mil. APAC Realty's average shareholder tangible equity for the quarter that ended in Dec. 2023 was S$46.6 Mil. Therefore, APAC Realty's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 29.08%.

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

SGX:CLN' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 22.78   Med: 44.18   Max: 508.1
Current: 23.66

During the past 10 years, APAC Realty's highest Return-on-Tangible-Equity was 508.10%. The lowest was 22.78%. And the median was 44.18%.

SGX:CLN's Return-on-Tangible-Equity is ranked better than
91.16% of 1765 companies
in the Real Estate industry
Industry Median: 2.83 vs SGX:CLN: 23.66

APAC Realty Return-on-Tangible-Equity Historical Data

The historical data trend for APAC Realty'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.

APAC Realty Return-on-Tangible-Equity Chart

APAC Realty 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 30.93 31.60 58.47 44.18 22.78

APAC Realty Semi-Annual Data
Dec14 Dec15 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 55.48 50.95 32.03 19.60 29.08

Competitive Comparison of APAC Realty's Return-on-Tangible-Equity

For the Real Estate Services subindustry, APAC Realty'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.


APAC Realty's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

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



APAC Realty Return-on-Tangible-Equity Calculation

APAC Realty'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 )
=11.775/( (56.204+47.196 )/ 2 )
=11.775/51.7
=22.78 %

APAC Realty'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 )
=13.54/( (45.931+47.196)/ 2 )
=13.54/46.5635
=29.08 %

* 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.


APAC Realty  (SGX:CLN) 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.


APAC Realty Return-on-Tangible-Equity Related Terms

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


APAC Realty (SGX:CLN) Business Description

Traded in Other Exchanges
N/A
Address
450 Lorong 6 Toa Payoh, No 03-01 ERA APAC Centre, Singapore, SGP, 319394
APAC Realty Ltd is a real estate services provider in Asia. The company operates three main business segments, namely, real estate brokerage services; franchise arrangements; training, valuation, and other ancillary services. Its real estate brokerage services are operated by its wholly-owned subsidiary ERA Realty Network Pte Ltd under the ERA brand. ERA Realty derives commission-based fees through the provision of property brokerage services for primary sales; secondary sales; and rental of residential, commercial and industrial properties.

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