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CapitaLand India Trust (CapitaLand India Trust) ROE % : 17.34% (As of Dec. 2023)


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What is CapitaLand India Trust ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. CapitaLand India Trust's annualized net income for the quarter that ended in Dec. 2023 was $183.4 Mil. CapitaLand India Trust's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $1,057.3 Mil. Therefore, CapitaLand India Trust's annualized ROE % for the quarter that ended in Dec. 2023 was 17.34%.

The historical rank and industry rank for CapitaLand India Trust's ROE % or its related term are showing as below:

ACNDF' s ROE % Range Over the Past 10 Years
Min: 8.54   Med: 13.12   Max: 22.66
Current: 10.73

During the past 13 years, CapitaLand India Trust's highest ROE % was 22.66%. The lowest was 8.54%. And the median was 13.12%.

ACNDF's ROE % is ranked better than
79.23% of 1777 companies
in the Real Estate industry
Industry Median: 2.71 vs ACNDF: 10.73

CapitaLand India Trust ROE % Historical Data

The historical data trend for CapitaLand India Trust's ROE % 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.

CapitaLand India Trust ROE % Chart

CapitaLand India Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.03 11.49 14.67 10.43 10.47

CapitaLand India Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROE % 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 20.66 6.84 13.61 3.93 17.34

Competitive Comparison of CapitaLand India Trust's ROE %

For the Real Estate Services subindustry, CapitaLand India Trust's ROE %, along with its competitors' market caps and ROE % 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.


CapitaLand India Trust's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CapitaLand India Trust's ROE % distribution charts can be found below:

* The bar in red indicates where CapitaLand India Trust's ROE % falls into.



CapitaLand India Trust ROE % Calculation

CapitaLand India Trust's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=110.674/( (954.528+1158.825)/ 2 )
=110.674/1056.6765
=10.47 %

CapitaLand India Trust's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=183.372/( (955.771+1158.825)/ 2 )
=183.372/1057.298
=17.34 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.


CapitaLand India Trust  (OTCPK:ACNDF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=183.372/1057.298
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(183.372 / 185.532)*(185.532 / 2678.18)*(2678.18 / 1057.298)
=Net Margin %*Asset Turnover*Equity Multiplier
=98.84 %*0.0693*2.533
=ROA %*Equity Multiplier
=6.85 %*2.533
=17.34 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=183.372/1057.298
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (183.372 / 289.766) * (289.766 / 120.644) * (120.644 / 185.532) * (185.532 / 2678.18) * (2678.18 / 1057.298)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6328 * 2.4018 * 65.03 % * 0.0693 * 2.533
=17.34 %

Note: The net income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


CapitaLand India Trust ROE % Related Terms

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CapitaLand India Trust (CapitaLand India Trust) Business Description

Traded in Other Exchanges
Address
No. 30-01, 168 Robinson Road, Capital Tower, Singapore, SGP, 068912
CapitaLand India Trust is a Singapore-listed property trust that obtains portfolio returns for unitholders by investing in information technology, or IT, parks, and office properties in major Indian cities. Group revenue is derived primarily from corporate tenants. The company focuses on the purchase and development of properties to be used primarily for business space. A-iTrust may also purchase, hold and develop land or uncompleted developments to be used for business space to hold the properties upon completion. A-iTrust is positioned to capitalize on the IT and business process management industries in India.