GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » KBS Real Estate Investment Trust III Inc (OTCPK:KBSR) » Definitions » ROE %

KBS Real Estate Investment Trust III (KBS Real Estate Investment Trust III) ROE % : -34.14% (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is KBS Real Estate Investment Trust III ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. KBS Real Estate Investment Trust III's annualized net income for the quarter that ended in Dec. 2023 was $-95.8 Mil. KBS Real Estate Investment Trust III's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $280.5 Mil. Therefore, KBS Real Estate Investment Trust III's annualized ROE % for the quarter that ended in Dec. 2023 was -34.14%.

The historical rank and industry rank for KBS Real Estate Investment Trust III's ROE % or its related term are showing as below:

KBSR' s ROE % Range Over the Past 10 Years
Min: -46.09   Med: 0.09   Max: 26.23
Current: -46.09

During the past 9 years, KBS Real Estate Investment Trust III's highest ROE % was 26.23%. The lowest was -46.09%. And the median was 0.09%.

KBSR's ROE % is ranked worse than
98.99% of 794 companies
in the REITs industry
Industry Median: 4.325 vs KBSR: -46.09

KBS Real Estate Investment Trust III ROE % Historical Data

The historical data trend for KBS Real Estate Investment Trust III's ROE % 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.

KBS Real Estate Investment Trust III ROE % Chart

KBS Real Estate Investment Trust III Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only 26.23 -1.87 17.88 -11.18 -43.65

KBS Real Estate Investment Trust III Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 -34.63 -63.98 -50.80 -30.25 -34.14

Competitive Comparison of KBS Real Estate Investment Trust III's ROE %

For the REIT - Office subindustry, KBS Real Estate Investment Trust III's ROE %, along with its competitors' market caps and ROE % 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.


KBS Real Estate Investment Trust III's ROE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, KBS Real Estate Investment Trust III's ROE % distribution charts can be found below:

* The bar in red indicates where KBS Real Estate Investment Trust III's ROE % falls into.



KBS Real Estate Investment Trust III ROE % Calculation

KBS Real Estate Investment Trust III's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-157.533/( (454.349+267.412)/ 2 )
=-157.533/360.8805
=-43.65 %

KBS Real Estate Investment Trust III's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-95.76/( (293.5+267.412)/ 2 )
=-95.76/280.456
=-34.14 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


KBS Real Estate Investment Trust III  (OTCPK:KBSR) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-95.76/280.456
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-95.76 / 277.196)*(277.196 / 2143.429)*(2143.429 / 280.456)
=Net Margin %*Asset Turnover*Equity Multiplier
=-34.55 %*0.1293*7.6427
=ROA %*Equity Multiplier
=-4.47 %*7.6427
=-34.14 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-95.76/280.456
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-95.76 / -95.76) * (-95.76 / 17.32) * (17.32 / 277.196) * (277.196 / 2143.429) * (2143.429 / 280.456)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -5.5289 * 6.25 % * 0.1293 * 7.6427
=-34.14 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


KBS Real Estate Investment Trust III ROE % Related Terms

Thank you for viewing the detailed overview of KBS Real Estate Investment Trust III's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


KBS Real Estate Investment Trust III (KBS Real Estate Investment Trust III) Business Description

Traded in Other Exchanges
N/A
Address
800 Newport Center Drive, Suite 700, Newport Beach, CA, USA, 92660
KBS Real Estate Investment Trust III Inc is a real estate investment trust. The company invests in a diverse portfolio of real estate properties. It holds investments in office properties and mixed-use office/retail properties. The investment objective is to preserve and return stockholders capital contributions and to provide the stockholders with attractive and stable cash distributions.
Executives
Robert Milkovich director 7600 WISCONSIN AVENUE, 11TH FLOOR, BETHESDA MD 20814
Marc Deluca director 7297 HIGHLAND ESTATES PLACE, FALLS CHURCH VA 22043
Ron D. Sturzenegger director 101 CALIFORNIA STREET, SUITE 1750, SAN FRANCISCO CA 94111
Jeffrey A. Dritley director C/O KBS REALTY ADVISORS, 800 NEWPORT CENTER DRIVE, SUITE 700, NEWPORT BEACH CA 92660
Jeff Waldvogel officer: Chief Financial Officer C/O KBS REALTY ADVISORS, 800 NEWPORT CENTER DRIVE, SUITE 700, NEWPORT BEACH CA 92660
Stuart A Gabriel director 155 N. LAKE AVENUE, PASADENA CA 91101
Peter Mcmillan director, officer: Executive Vice President
Barbara R Cambon director 17140 BERNARDO CENTER DRIVE, SUITE 195, SAN DIEGO CA 92128
Hank Adler director 6 HUTTON CENTRE DRIVE, SUITE 400, SANTA ANA CA 92707
David E Snyder officer: Chief Financial Officer 610 NEWPORT CENTER DRIVE, SUITE 1150, NEWPORT BEACH CA 92660
Schreiber Charles J Jr director, officer: Chief Executive Officer 620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Peter M Bren officer: President 620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Stacie K Yamane officer: Chief Accounting Officer 620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Keith D Hall officer: Executive Vice President 620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660

KBS Real Estate Investment Trust III (KBS Real Estate Investment Trust III) Headlines

No Headlines