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Union Properties PJSCDFM:UPP -0.33%45 Return-on-Tangible-Asset is 0.57% as of Jun. 2026, which is 70% below its 10-year median of 1.88. GuruFocus rates DFM:UPP with a GF Score™ of 45/100 and a GF Value™ of د.إ0.82 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 568 Conglomerates companies, Union Properties PJSC ranks better than 89.96% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Union Properties PJSC's annualizedNet Income for the quarter that ended in Jun. 2026 was د.إ26.3 Mil. Union Properties PJSC's average total tangible assets for the quarter that ended in Jun. 2026 was د.إ4,607.9 Mil. Therefore, Union Properties PJSC's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.57%.
The historical rank and industry rank for Union Properties PJSC's Return-on-Tangible-Asset or its related term are showing as below:
DFM:UPP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -35.08 Med: 1.88 Max: 18.91
Current: 10.38
During the past 13 years, Union Properties PJSC's highest Return-on-Tangible-Asset was 18.91%. The lowest was -35.08%. And the median was 1.88%.
DFM:UPP's Return-on-Tangible-Asset is ranked better than 89.96% of 568
companies
in the Conglomerates industry
Industry Median: 2.735
vs DFM:UPP: 10.38
Union Properties PJSC (DFM:UPP) Return-on-Tangible-Asset Explanation
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.
Union Properties PJSC Return-on-Tangible-Asset Related Terms
Union Properties PJSC Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Union Properties PJSC's Return-on-Tangible-Asset 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.
Union Properties PJSC Return-on-Tangible-Asset Chart
DFM:UPP vs MMM, HON: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Union Properties PJSC'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.
Union Properties PJSC Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Union Properties PJSC's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Union Properties PJSC'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 four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.57% mean?
Union Properties PJSC (DFM:UPP) has a Return-on-Tangible-Asset of 0.57% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Union Properties PJSC and its competitors. This is 70% below median its historical median of 1.88. According to the industry distribution chart, Union Properties PJSC ranks #57 out of 568 companies in the Conglomerates industry, placing it in the top 10%.
Is Union Properties PJSC's Return-on-Tangible-Asset too high?
Union Properties PJSC's current Return-on-Tangible-Asset of 0.57% is 70% below median its 10-year median of 1.88. The Conglomerates industry median Return-on-Tangible-Asset is 2.74. Union Properties PJSC's value of 0.57% is 79.2% below this industry median. Based on the distribution chart, Union Properties PJSC ranks #57 out of 568 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Union Properties PJSC has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Union Properties PJSC's Return-on-Tangible-Asset compare to MMM and HON?
According to the Conglomerates industry distribution chart, Union Properties PJSC ranks #57 out of 568 companies for Return-on-Tangible-Asset. This places Union Properties PJSC in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.74. Union Properties PJSC's value of 0.57% is 79.2% below this benchmark. While the company's 10-year median is 1.88 vs. the industry median of 2.74, Union Properties PJSC has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.74, based on 568 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Union Properties PJSC's current Return-on-Tangible-Asset of 0.57% is 79.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Union Properties PJSC and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Properties PJSC's current Return-on-Tangible-Asset is 0.57%, which is 70% below median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Properties PJSC stock overvalued right now?
Based on GuruFocus' analysis, Union Properties PJSC (DFM:UPP) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ0.82, compared to a current price of د.إ0.61 — trading 25.9% below its estimated fair value. The current Return-on-Tangible-Asset is 0.57%, which is 70% below median its 10-year median of 1.88 and 79.2% below the Conglomerates industry median of 2.74. Union Properties PJSC's overall GF Score™ is 45/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Union Properties PJSC (DFM:UPP), the current Return-on-Tangible-Asset is 0.57% as of Jun. 2026. 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 Union Properties PJSC (DFM:UPP) Overvalued in 2026?
Based on GuruFocus' analysis, Union Properties PJSC stock appears to be undervalued.
The current stock price of د.إ0.61 is trading 25.9% below its estimated GF Value™ of د.إ0.82.
GuruFocus considers Union Properties PJSC to be Modestly Undervalued.
Key valuation signals for DFM:UPP:
Return-on-Tangible-Asset: 0.57% (70% below median its 10-year median of 1.88)
GF Value™: د.إ0.82 vs. price of د.إ0.61 (25.9% below fair value)
Industry Position: 79.2% below the Conglomerates median (#57 of 568)
No single metric tells the full story. See the DFM:UPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Union Properties PJSC is a property development company in the United Arab Emirates. The company has a wide range of projects in its portfolio, including residential, industrial, and leisure development projects. The firm operates out of four segments: Real estate property management, Contracting, Housekeeping, and Sales of goods and services. Property development and sales, and property rentals, compose the Real Estate property management segment. The Contracting segment involves mechanical, electrical, and plumbing work, as well as interior architecture construction. In goods and services, the company offers facility management and maintenance services, motor racing services, and engages in the sale of goods. Maximum revenue is generated from the Sales of goods and services segment.
45GF Score
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