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ESR LOGOS REIT (SGX:J91U) Return-on-Tangible-Equity : -1.58% (As of Jun. 2023)


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What is ESR LOGOS 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. ESR LOGOS REIT's annualized net income for the quarter that ended in Jun. 2023 was S$-44.5 Mil. ESR LOGOS REIT's average shareholder tangible equity for the quarter that ended in Jun. 2023 was S$2,816.8 Mil. Therefore, ESR LOGOS REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was -1.58%.

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

SGX:J91U' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -18.16   Med: 0.71   Max: 14.43
Current: 1.63

During the past 13 years, ESR LOGOS REIT's highest Return-on-Tangible-Equity was 14.43%. The lowest was -18.16%. And the median was 0.71%.

SGX:J91U's Return-on-Tangible-Equity is ranked worse than
64.73% of 791 companies
in the REITs industry
Industry Median: 4.59 vs SGX:J91U: 1.63

ESR LOGOS REIT Return-on-Tangible-Equity Historical Data

The historical data trend for ESR LOGOS 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.

ESR LOGOS REIT Return-on-Tangible-Equity Chart

ESR LOGOS REIT Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.16 0.37 0.59 6.07 -12.38

ESR LOGOS REIT Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 7.54 4.59 -30.84 4.95 -1.58

Competitive Comparison of ESR LOGOS REIT's Return-on-Tangible-Equity

For the REIT - Industrial subindustry, ESR LOGOS 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.


ESR LOGOS REIT's Return-on-Tangible-Equity Distribution in the REITs Industry

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

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



ESR LOGOS REIT Return-on-Tangible-Equity Calculation

ESR LOGOS REIT's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-278.261/( (1749.083+2746.781 )/ 2 )
=-278.261/2247.932
=-12.38 %

ESR LOGOS REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=-44.506/( (2746.781+2886.749)/ 2 )
=-44.506/2816.765
=-1.58 %

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


ESR LOGOS REIT  (SGX:J91U) 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.


ESR LOGOS REIT Return-on-Tangible-Equity Related Terms

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


ESR LOGOS REIT (SGX:J91U) Business Description

Industry
Traded in Other Exchanges
Address
5 Temasek Boulevard, No. 12-09 Suntec Tower Five, Singapore, SGP, 038985
ESR-Logos REIT is a Singapore-focused REIT that invests primarily in industrial properties and business parks. Its portfolio consists of 82 properties (including joint ventures), with assets under management of SGD 5 billion, spreading across Singapore, Australia and Japan. Property types include business parks, general industrial, logistics and warehouse, and high-specification industrial properties. The trust also invested in three property funds, namely ESR Australia Logistics Partnership, New LAIVS Trust, and Oxford Property Fund. The trust is externally managed by ESR Funds Management (S) Limited, which in turn is majority-owned by parent, ESR Group. Overall, ESR Group has around 10% stake in the trust through direct and indirect interests.

ESR LOGOS REIT (SGX:J91U) Headlines

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