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Balwin Properties (JSE:BWN) Return-on-Tangible-Equity : 1.96% (As of Feb. 2024)


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What is Balwin Properties 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. Balwin Properties's annualized net income for the quarter that ended in Feb. 2024 was R78 Mil. Balwin Properties's average shareholder tangible equity for the quarter that ended in Feb. 2024 was R3,956 Mil. Therefore, Balwin Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2024 was 1.96%.

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

JSE:BWN' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.52   Med: 14.73   Max: 37.59
Current: 5.52

During the past 9 years, Balwin Properties's highest Return-on-Tangible-Equity was 37.59%. The lowest was 5.52%. And the median was 14.73%.

JSE:BWN's Return-on-Tangible-Equity is ranked better than
62.1% of 1760 companies
in the Real Estate industry
Industry Median: 2.78 vs JSE:BWN: 5.52

Balwin Properties Return-on-Tangible-Equity Historical Data

The historical data trend for Balwin Properties'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.

Balwin Properties Return-on-Tangible-Equity Chart

Balwin Properties Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 14.73 10.97 10.85 11.94 5.53

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-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 14.60 9.74 14.26 9.14 1.96

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

For the Real Estate - Development subindustry, Balwin Properties'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.


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

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

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



Balwin Properties Return-on-Tangible-Equity Calculation

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Feb. 2024 )  (A: Feb. 2023 )(A: Feb. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Feb. 2024 )  (A: Feb. 2023 )(A: Feb. 2024 )
=215.668/( (3811.646+3983.629 )/ 2 )
=215.668/3897.6375
=5.53 %

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2024 )  (Q: Aug. 2023 )(Q: Feb. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2024 )  (Q: Aug. 2023 )(Q: Feb. 2024 )
=77.742/( (3929.204+3983.629)/ 2 )
=77.742/3956.4165
=1.96 %

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


Balwin Properties  (JSE:BWN) 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.


Balwin Properties Return-on-Tangible-Equity Related Terms

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


Balwin Properties (JSE:BWN) Business Description

Traded in Other Exchanges
N/A
Address
105 Corlett Drive, Melrose, Johannesburg, GT, ZAF, 2196
Balwin Properties Ltd is South Africa's residential property developer of large-scale, sectional title estates with a focus on high quality, environmentally efficient and affordable apartments with an lifestyle offering for residents. The operating segments of the company are: Sale of apartments, Provision of services to residential estates, Bond commission, Residential and commercial property rentals and Balwin Foundation.