Circle Property Plc Ret. on assets
What is the Ret. on assets of Circle Property Plc?
The Ret. on assets of Circle Property Plc is 1.73%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Real Estate sector on LSE compared to Circle Property Plc
What does Circle Property Plc do?
Circle is amongst the best performing quoted UK real estate companies by NAV total return (NAV growth and dividend) having delivered consistent returns with 87% NAV growth since IPO in 2016 in absolute terms. Circle focusses on acquiring assets in regional cities, many of which have significant office supply constraints, and on office assets with active management potential (refurbishment opportunities, under-rented or vacant properties or short leases), rather than just maximising initial rental yields. Circle is not a Real Estate Investment Trust (REIT) and can actively recycle proceeds from asset sales into its refurbishment and redevelopment pipeline, as well as future investment opportunities, therefore targeting a broader range of returns for shareholders, which are primarily driven by NAV growth. As well as already delivering substantial increases in NAV, the Company's portfolio has significant reversionary potential with current total estimated rental values of approximately £10.9 million per annum, compared to contracted rent of £8.2 million at 30 September 2019. The Company has a portfolio of 15 regional commercial property investment and development assets in the UK valued at £135.6 million as at 30 September 2019.
Companies with ret. on assets similar to Circle Property Plc
- Ferratum Oyj has Ret. on assets of 1.73%
- Alliance Data Systems has Ret. on assets of 1.73%
- Wah Ha Realty has Ret. on assets of 1.73%
- BlackRock Muni New York Quality Fund Inc has Ret. on assets of 1.73%
- Estee Lauder Cos has Ret. on assets of 1.73%
- Dynavax Technologies has Ret. on assets of 1.73%
- Circle Property Plc has Ret. on assets of 1.73%
- Kilroy Realty has Ret. on assets of 1.73%
- Max 21 Ag has Ret. on assets of 1.73%
- American Campus Communities has Ret. on assets of 1.73%
- Athena Technology Acquisition II has Ret. on assets of 1.73%
- Vanguard Specialized Funds - Vanguard Real Estate ETF has Ret. on assets of 1.73%
- Cholamandalam Investment and Finance has Ret. on assets of 1.73%