SGX:C38U'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.05 Med: 5.27 Max: 6.49
Current: 3.39
During the past 13 years, CapitaLand Integrated Commercial Trust's highest Return-on-Tangible-Asset was 6.49%. The lowest was 2.05%. And the median was 5.27%.
SGX:C38U's Return-on-Tangible-Asset is ranked better than 59.48% of 923
companies
in the REITs industry
Industry Median: 2.53
vs SGX:C38U: 3.39
CapitaLand Integrated Commercial Trust Return-on-Tangible-Asset Historical Data
* 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.
Competitive Comparison of CapitaLand Integrated Commercial Trust's Return-on-Tangible-Asset
For the REIT - Retail subindustry, CapitaLand Integrated Commercial Trust's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
CapitaLand Integrated Commercial Trust's Return-on-Tangible-Asset Distribution in the REITs Industry
For the REITs industry and Real Estate sector, CapitaLand Integrated Commercial Trust's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CapitaLand Integrated Commercial Trust's Return-on-Tangible-Asset falls into.
* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Jun. 2024) net income data.
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
CapitaLand Integrated Commercial Trust Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of CapitaLand Integrated Commercial Trust's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
CapitaLand Integrated Commercial Trust Business Description
CapitaLand Integrated Commercial Trust was established following the merger between CapitaLand Mall Trust and CapitaLand Commercial Trust in October 2020. The trust has a diversified portfolio of 26 properties valued at SGD 13.7 billion as at June 30, 2024. These includes offices (mainly in the central business district), retail malls (includes urban and suburban malls), and integrated development. Most of its properties are located in Singapore, with assets in Germany and Australia making up less than 10% of its portfolio. The trust is externally managed by CapitaLand Integrated Commercial Trust Management; parent CapitaLand retains a 24% stake in CICT.
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