Balwin Properties (JSE:BWN) Return-on-Tangible-Asset : 1.02% (As of Feb. 2024)

Balwin Properties Return-on-Tangible-Asset Chart

Balwin Properties Annual Data
	Trend	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Feb22	Feb23	Feb24
Return-on-Tangible-Asset		Get a 7-Day Free Trial				9.15	6.73	6.06	6.30	2.90

Balwin Properties Semi-Annual Data
	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Return-on-Tangible-Asset	Get a 7-Day Free Trial													7.71	5.17	7.51	4.75	1.02

Competitive Comparison of Balwin Properties's Return-on-Tangible-Asset

For the Real Estate - Development subindustry, Balwin Properties's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.

Balwin Properties's Return-on-Tangible-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Balwin Properties's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Balwin Properties's Return-on-Tangible-Asset falls into.

Balwin Properties Return-on-Tangible-Asset Calculation

Balwin Properties's annualized Return-on-Tangible-Asset for the fiscal year that ended in Feb. 2024 is calculated as:

Balwin Properties's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2024 is calculated as:

* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Feb. 2024) net income data.

Balwin Properties  (JSE:BWN) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.

Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.

Balwin Properties Return-on-Tangible-Asset Related Terms

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

Balwin Properties (JSE:BWN) Business Description