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Nomura Real Estate Master Fund (TSE:3462) Return-on-Tangible-Equity : 5.06% (As of Aug. 2022)


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What is Nomura Real Estate Master Fund 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. Nomura Real Estate Master Fund's annualized net income for the quarter that ended in Aug. 2022 was 円26,999 Mil. Nomura Real Estate Master Fund's average shareholder tangible equity for the quarter that ended in Aug. 2022 was 円533,698 Mil. Therefore, Nomura Real Estate Master Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2022 was 5.06%.

The historical rank and industry rank for Nomura Real Estate Master Fund's Return-on-Tangible-Equity or its related term are showing as below:

TSE:3462's Return-on-Tangible-Equity is not ranked *
in the REITs industry.
Industry Median: 4.66
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Nomura Real Estate Master Fund Return-on-Tangible-Equity Historical Data

The historical data trend for Nomura Real Estate Master Fund'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.

Nomura Real Estate Master Fund Return-on-Tangible-Equity Chart

Nomura Real Estate Master Fund Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Return-on-Tangible-Equity
Get a 7-Day Free Trial 5.15 4.64 4.75 4.79 4.75

Nomura Real Estate Master Fund Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 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 Premium Member Only 4.85 4.64 4.62 5.06 4.87

Competitive Comparison of Nomura Real Estate Master Fund's Return-on-Tangible-Equity

For the REIT - Retail subindustry, Nomura Real Estate Master Fund'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.


Nomura Real Estate Master Fund's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Nomura Real Estate Master Fund's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Nomura Real Estate Master Fund's Return-on-Tangible-Equity falls into.



Nomura Real Estate Master Fund Return-on-Tangible-Equity Calculation

Nomura Real Estate Master Fund's annualized Return-on-Tangible-Equity for the fiscal year that ended in Aug. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Aug. 2021 )  (A: Aug. 2020 )(A: Aug. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Aug. 2021 )  (A: Aug. 2020 )(A: Aug. 2021 )
=25450.771/( (536157.5+535794.302 )/ 2 )
=25450.771/535975.901
=4.75 %

Nomura Real Estate Master Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Aug. 2022 )  (Q: Feb. 2022 )(Q: Aug. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Aug. 2022 )  (Q: Feb. 2022 )(Q: Aug. 2022 )
=26998.618/( (535395.17+532001.265)/ 2 )
=26998.618/533698.2175
=5.06 %

* 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 (Aug. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Nomura Real Estate Master Fund  (TSE:3462) 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.


Nomura Real Estate Master Fund Return-on-Tangible-Equity Related Terms

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Nomura Real Estate Master Fund (TSE:3462) Business Description

Traded in Other Exchanges
N/A
Address
8-5-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN
Nomura Real Estate Master Fund Inc is a Japanese based company operates as a real estate investment trust. It is implementing medium- to long-term management Strategy, to achieve securing stable income over the medium to long term period, also ensures the steady growth of assets under management. The company invests in logistic facilities and commercial facilities in the Tokyo metropolitan area. It is managed by the fund manager Nomura Real Estate Asset Management Co Ltd.

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