Union Properties PJSCDFM:UPP +0.57%44 Return-on-Tangible-Equity is 1.33% as of Mar. 2026, which is 59% below its 10-year median of 3.26. GuruFocus rates DFM:UPP with a GF Score™ of 44/100 and a GF Value™ of د.إ0.76 (Fairly Valued). The stock has 3 warning signs investors should review. Among 547 Conglomerates companies, Union Properties PJSC ranks better than 72.21% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Union Properties PJSC's annualized net income for the quarter that ended in Mar. 2026 was د.إ47.2 Mil. Union Properties PJSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was د.إ3,555.6 Mil. Therefore, Union Properties PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.33%.
The historical rank and industry rank for Union Properties PJSC's Return-on-Tangible-Equity or its related term are showing as below:
DFM:UPP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -61.82 Med: 3.26 Max: 35.25
Current: 13.99
During the past 13 years, Union Properties PJSC's highest Return-on-Tangible-Equity was 35.25%. The lowest was -61.82%. And the median was 3.26%.
DFM:UPP's Return-on-Tangible-Equity is ranked better than 72.21% of 547
companies
in the Conglomerates industry
Industry Median: 7.44
vs DFM:UPP: 13.99
Union Properties PJSC (DFM:UPP) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Union Properties PJSC Return-on-Tangible-Equity Related Terms
Union Properties PJSC Return-on-Tangible-Equity Historical Data
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The historical data trend for Union Properties PJSC's Return-on-Tangible-Equity 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-Equity Chart
DFM:UPP vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Union Properties PJSC's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Union Properties PJSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Union Properties PJSC's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 1.33% mean?
Union Properties PJSC (DFM:UPP) has a Return-on-Tangible-Equity of 1.33% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Union Properties PJSC and its competitors. This is 59% below median its historical median of 3.26. According to the industry distribution chart, Union Properties PJSC ranks #152 out of 547 companies in the Conglomerates industry, placing it in the top 27.8%.
Is Union Properties PJSC's Return-on-Tangible-Equity too high?
Union Properties PJSC's current Return-on-Tangible-Equity of 1.33% is 59% below median its 10-year median of 3.26. The Conglomerates industry median Return-on-Tangible-Equity is 7.44. Union Properties PJSC's value of 1.33% is 82.1% below this industry median. Based on the distribution chart, Union Properties PJSC ranks #152 out of 547 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Union Properties PJSC has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Union Properties PJSC's Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Union Properties PJSC ranks #152 out of 547 companies for Return-on-Tangible-Equity. This puts Union Properties PJSC in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.44. Union Properties PJSC's value of 1.33% is 82.1% below this benchmark. While the company's 10-year median is 3.26 vs. the industry median of 7.44, 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-Equity for a Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.44, based on 547 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity of 1.33% is 82.1% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Union Properties PJSC and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.44 — 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-Equity is 1.33%, which is 59% below median its own 10-year median of 3.26. 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 Fairly Valued. The stock's GF Value™ is د.إ0.76, compared to a current price of د.إ0.70 — trading 7.9% below its estimated fair value. The current Return-on-Tangible-Equity is 1.33%, which is 59% below median its 10-year median of 3.26 and 82.1% below the Conglomerates industry median of 7.44. Union Properties PJSC's overall GF Score™ is 44/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Union Properties PJSC (DFM:UPP), the current Return-on-Tangible-Equity is 1.33% as of Mar. 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.إ0.70 is trading 7.9% below its estimated GF Value™ of د.إ0.76.
GuruFocus considers Union Properties PJSC to be Fairly Valued.
Key valuation signals for DFM:UPP:
Return-on-Tangible-Equity: 1.33% (59% below median its 10-year median of 3.26)
GF Value™: د.إ0.76 vs. price of د.إ0.70 (7.9% below fair value)
Industry Position: 82.1% below the Conglomerates median (#152 of 547)
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.
44GF Score
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