UNHRF (United Hampshire US REIT) Operating Income: $43.34 Mil (TTM As of Dec. 2025)

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UNHRF United Hampshire US REIT UNHRF
38 GF Score
Price $0.51
GF Value $0.46
! 12 Warning Signs
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What is United Hampshire US REIT Operating Income?

United Hampshire US REIT UNHRF 38 Operating Income is $43.34 Mil as of Dec. 2025. GuruFocus rates UNHRF with a GF Score™ of 38/100 and a GF Value™ of $0.46. The stock has 12 warning signs investors should review.

United Hampshire US REIT's Operating Income for the six months ended in Dec. 2025 was $21.99 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $43.34 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. United Hampshire US REIT's Operating Income for the six months ended in Dec. 2025 was $21.99 Mil. United Hampshire US REIT's Revenue for the six months ended in Dec. 2025 was $36.05 Mil. Therefore, United Hampshire US REIT's Operating Margin % for the quarter that ended in Dec. 2025 was 61.00%.

United Hampshire US REIT's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. United Hampshire US REIT's annualized ROC % for the quarter that ended in Dec. 2025 was 4.70%. United Hampshire US REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was %.


United Hampshire US REIT  (OTCPK:UNHRF) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

United Hampshire US REIT's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=43.986 * ( 1 - 10.51% )/( (811.022 + 862.276)/ 2 )
=39.3630714/836.649
=4.70 %

where

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

United Hampshire US REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=44.49/( ( (0 + max(-1.207, 0)) + (0 + max(-17.862, 0)) )/ 2 )
=44.49/( ( 0 + 0 )/ 2 )
=44.49/0
= %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.364 + 0 + 4.01) - (1.827 + 0 + 6.754)
=-1.207

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.876 + 0 + 3.539) - (0.274 + 0 + 25.003)
=-17.862

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. Operating Income is also linked to Operating Margin %:

United Hampshire US REIT's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=21.993/36.054
=61.00 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


United Hampshire US REIT Operating Income Related Terms


United Hampshire US REIT Operating Income Historical Data

* Premium members only.

The historical data trend for United Hampshire US REIT's Operating Income 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.

United Hampshire US REIT Operating Income Chart

United Hampshire US REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only 33.59 41.49 45.09 44.68 43.34

United Hampshire US REIT Semi-Annual Data
Dec18 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.04 22.83 21.85 21.35 21.99
UNHRF
38GF Score
United Hampshire US REIT UNHRF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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United Hampshire US REIT Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $43.34 Mil.

* 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $43.34 Mil mean?
United Hampshire US REIT (UNHRF) has a Operating Income of $43.34 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on United Hampshire US REIT and its competitors.
Is United Hampshire US REIT's Operating Income too high?
United Hampshire US REIT's current Operating Income is $43.34 Mil. Overall, United Hampshire US REIT has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does United Hampshire US REIT's Operating Income compare to SPG and O?
United Hampshire US REIT's Operating Income of $43.34 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a REITs company?
A good Operating Income depends on the REITs industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on United Hampshire US REIT and its competitors. United Hampshire US REIT's current Operating Income is $43.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Hampshire US REIT stock overvalued right now?
United Hampshire US REIT (UNHRF) has a current Operating Income of $43.34 Mil. The stock's GF Value™ is $0.46, compared to a current price of $0.51 — trading 10.9% above its estimated fair value. The current Operating Income is $43.34 Mil. United Hampshire US REIT's overall GF Score™ is 38/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For United Hampshire US REIT (UNHRF), the current Operating Income is $43.34 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is United Hampshire US REIT (UNHRF) Overvalued in 2026?

Based on GuruFocus' analysis, United Hampshire US REIT stock appears to be overvalued. The current stock price of $0.51 is trading 10.9% above its estimated GF Value™ of $0.46.

Key valuation signals for UNHRF:

  • Operating Income: $43.34 Mil
  • GF Value™: $0.46 vs. price of $0.51 (10.9% above fair value)
  • GF Score™: 38/100 with 12 warning signs

No single metric tells the full story. See the UNHRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Hampshire US REIT Business Description

Industry Real EstateREITs
Other Exchanges ODBU:Singapore
Address 80 Raffles Place, No. 28-21 UOB Plaza 2, Singapore, SGP, 048624
United Hampshire US REIT is a REIT investing in a diversified portfolio of stabilized income-producing grocery-anchored and necessity-based retail properties, and modern, climate-controlled self-storage facilities, located in the United States of America. The company's objectives are to provide unitholders with regular and stable distributions and to achieve long-term growth in distribution per unit and net asset value per unit while maintaining an appropriate capital structure. The group's reportable operating segments are Grocery and Necessity Properties; and Self-Storage Properties. The company generates a majority of its revenue from the Grocery and Necessity Properties segment.
38GF Score

Get the complete analysis for UNHRF

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.51
Price
$0.46
GF Value