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Global One Real Estate Investment (TSE:8958) Return-on-Tangible-Equity : 6.47% (As of Sep. 2023)


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What is Global One Real Estate Investment 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. Global One Real Estate Investment's annualized net income for the quarter that ended in Sep. 2023 was 円6,708 Mil. Global One Real Estate Investment's average shareholder tangible equity for the quarter that ended in Sep. 2023 was 円103,663 Mil. Therefore, Global One Real Estate Investment's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was 6.47%.

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

TSE:8958' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.27   Med: 4.5   Max: 6.66
Current: 6.66

During the past 13 years, Global One Real Estate Investment's highest Return-on-Tangible-Equity was 6.66%. The lowest was 3.27%. And the median was 4.50%.

TSE:8958's Return-on-Tangible-Equity is ranked better than
61.74% of 792 companies
in the REITs industry
Industry Median: 4.595 vs TSE:8958: 6.66

Global One Real Estate Investment Return-on-Tangible-Equity Historical Data

The historical data trend for Global One Real Estate Investment'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.

Global One Real Estate Investment Return-on-Tangible-Equity Chart

Global One Real Estate Investment Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.95 4.77 4.86 4.74 6.31

Global One Real Estate Investment Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 4.70 4.82 5.89 6.47 6.47

Competitive Comparison of Global One Real Estate Investment's Return-on-Tangible-Equity

For the REIT - Office subindustry, Global One Real Estate Investment'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.


Global One Real Estate Investment's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Global One Real Estate Investment's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Global One Real Estate Investment's Return-on-Tangible-Equity falls into.



Global One Real Estate Investment Return-on-Tangible-Equity Calculation

Global One Real Estate Investment's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=6277.823/( (95210.348+103877.72 )/ 2 )
=6277.823/99544.034
=6.31 %

Global One Real Estate Investment'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 )
=6707.766/( (103448.278+103877.72)/ 2 )
=6707.766/103662.999
=6.47 %

* 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.


Global One Real Estate Investment  (TSE:8958) 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.


Global One Real Estate Investment Return-on-Tangible-Equity Related Terms

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Global One Real Estate Investment (TSE:8958) Business Description

Traded in Other Exchanges
N/A
Address
4-1, Kojimachi, Chiyoda-ku, Tokyo, JPN
Global One Real Estate Investment Corp is a real estate investment company based in Japan. It invests in the properties from long-term standpoint and properties that continue to boost demand for a certain period after the acquisition. The company selects investment properties with following criteria: easy accessibility from train stations, newly built and large buildings with extensive office space. It mainly invests in class-A office buildings in the Tokyo metropolitan area, the Chubu area and the Kinki area of Japan.

Global One Real Estate Investment (TSE:8958) Headlines

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