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Uro Property Holdings (XMAD:URO) Return-on-Tangible-Asset : 0.35% (As of Jun. 2022)


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What is Uro Property Holdings Return-on-Tangible-Asset?

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. Uro Property Holdings's annualized Net Income for the quarter that ended in Jun. 2022 was €5.3 Mil. Uro Property Holdings's average total tangible assets for the quarter that ended in Jun. 2022 was €1,525.7 Mil. Therefore, Uro Property Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2022 was 0.35%.

The historical rank and industry rank for Uro Property Holdings's Return-on-Tangible-Asset or its related term are showing as below:

XMAD:URO's Return-on-Tangible-Asset is not ranked *
in the REITs industry.
Industry Median: 2.34
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Uro Property Holdings Return-on-Tangible-Asset Historical Data

The historical data trend for Uro Property Holdings'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.

* Premium members only.

Uro Property Holdings Return-on-Tangible-Asset Chart

Uro Property Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only 1.42 0.74 1.24 0.60 0.97

Uro Property Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Return-on-Tangible-Asset 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 1.36 -0.17 0.76 1.17 0.35

Competitive Comparison of Uro Property Holdings's Return-on-Tangible-Asset

For the REIT - Diversified subindustry, Uro Property Holdings'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.


Uro Property Holdings's Return-on-Tangible-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Uro Property Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Uro Property Holdings's Return-on-Tangible-Asset falls into.



Uro Property Holdings Return-on-Tangible-Asset Calculation

Uro Property Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=14.665/( (1524.383+1509.309)/ 2 )
=14.665/1516.846
=0.97 %

Uro Property Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Dec. 2021 )(Q: Jun. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Dec. 2021 )(Q: Jun. 2022 )
=5.31/( (1509.309+1542.044)/ 2 )
=5.31/1525.6765
=0.35 %

* 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. 2022) net income data.


Uro Property Holdings  (XMAD:URO) 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 company’s 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 company’s 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.


Uro Property Holdings Return-on-Tangible-Asset Related Terms

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Uro Property Holdings (XMAD:URO) Business Description

Traded in Other Exchanges
N/A
Address
Paseo de la Castellana, 200. Planta 9th Floor, Madrid, ESP, 28046
Uro Property Holdings SA formerly, URO Property Holdings Socimi SA is a real estate investment trust. The Company is engaged in acquiring, developing and leasing real estate properties of urban nature.

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