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Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust (BKK:AMATAR) Return-on-Tangible-Equity : 8.10% (As of Mar. 2024)


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What is Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust 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. Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust's annualized net income for the quarter that ended in Mar. 2024 was ฿285.8 Mil. Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ฿3,526.6 Mil. Therefore, Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 8.10%.

The historical rank and industry rank for Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust's Return-on-Tangible-Equity or its related term are showing as below:

BKK:AMATAR' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.29   Med: 6.15   Max: 8.55
Current: 6.35

During the past 9 years, Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust's highest Return-on-Tangible-Equity was 8.55%. The lowest was 4.29%. And the median was 6.15%.

BKK:AMATAR's Return-on-Tangible-Equity is ranked better than
60.45% of 794 companies
in the REITs industry
Industry Median: 4.675 vs BKK:AMATAR: 6.35

Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust Return-on-Tangible-Equity Historical Data

The historical data trend for Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust'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.

Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust Return-on-Tangible-Equity Chart

Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 8.55 5.65 5.21 5.69 6.15

Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 7.22 7.06 7.28 2.94 8.10

Competitive Comparison of Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust's Return-on-Tangible-Equity

For the REIT - Industrial subindustry, Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust'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.


Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust's Return-on-Tangible-Equity falls into.



Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust Return-on-Tangible-Equity Calculation

Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust'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 )
=216.989/( (3532.624+3523.082 )/ 2 )
=216.989/3527.853
=6.15 %

Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=285.82/( (3523.082+3530.117)/ 2 )
=285.82/3526.5995
=8.10 %

* 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 four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust  (BKK:AMATAR) 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.


Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust Return-on-Tangible-Equity Related Terms

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Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust (BKK:AMATAR) Business Description

Traded in Other Exchanges
N/A
Address
New Petchburi Road, 2126 Kromadit Building, Bang Kapi Subdistrict, Huay kwang, Bangkok, THA, 10310
Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust is a closed-end trust with a specific purpose. Its objectives are to raise funds from general investors and to use the proceeds from such fundraising to invest in property or property leasehold rights and generate benefits from such properties. The company has operations only in Thailand.

Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust (BKK:AMATAR) Headlines

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