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Frasers Hospitality Trust (SGX:ACV) Return-on-Tangible-Equity : 3.23% (As of Mar. 2024)


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What is Frasers Hospitality 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. Frasers Hospitality Trust's annualized net income for the quarter that ended in Mar. 2024 was S$41.3 Mil. Frasers Hospitality Trust's average shareholder tangible equity for the quarter that ended in Mar. 2024 was S$1,276.6 Mil. Therefore, Frasers Hospitality Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 3.23%.

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

SGX:ACV' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8   Med: 4.45   Max: 10.99
Current: 7.05

During the past 9 years, Frasers Hospitality Trust's highest Return-on-Tangible-Equity was 10.99%. The lowest was -8.00%. And the median was 4.45%.

SGX:ACV's Return-on-Tangible-Equity is ranked better than
63.59% of 791 companies
in the REITs industry
Industry Median: 4.59 vs SGX:ACV: 7.05

Frasers Hospitality Trust Return-on-Tangible-Equity Historical Data

The historical data trend for Frasers Hospitality 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.

Frasers Hospitality Trust Return-on-Tangible-Equity Chart

Frasers Hospitality Trust Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 3.41 -8.00 1.25 4.68 7.28

Frasers Hospitality Trust Semi-Annual Data
Dec14 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 1.50 7.82 3.78 10.88 3.23

Competitive Comparison of Frasers Hospitality Trust's Return-on-Tangible-Equity

For the REIT - Hotel & Motel subindustry, Frasers Hospitality 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.


Frasers Hospitality Trust's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Frasers Hospitality Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Frasers Hospitality Trust's Return-on-Tangible-Equity falls into.



Frasers Hospitality Trust Return-on-Tangible-Equity Calculation

Frasers Hospitality Trust'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 )
=91.903/( (1245.934+1278.457 )/ 2 )
=91.903/1262.1955
=7.28 %

Frasers Hospitality 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: Sep. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=41.274/( (1278.457+1274.74)/ 2 )
=41.274/1276.5985
=3.23 %

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


Frasers Hospitality Trust  (SGX:ACV) 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.


Frasers Hospitality Trust Return-on-Tangible-Equity Related Terms

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


Frasers Hospitality Trust (SGX:ACV) Business Description

Traded in Other Exchanges
N/A
Address
438 Alexandra Road, No.21-00, Alexandra Point, Singapore, SGP, 119958
Frasers Hospitality Trust, or FHT, is a global hotel and serviced residence trust that invests in income-producing real estate and real estate-related assets used mainly for hospitality purposes. Its hotels are luxury, upscale, and midscale properties. FHT's investment properties are across Singapore, Australia, Malaysia, Germany, Japan, and the United Kingdom, in cities such as Singapore, Kuala Lumpur, Kobe, Sydney, London, Edinburgh, and Glasgow. Frasers derives the majority of its revenue from its assets in Singapore and Australia. International hotel chains, such as Accor, and InterContinental manage the company's portfolio; as well as Frasers Hospitality, which is a serviced residence operator. The company business segment consist of master leases and hotel under management contract.