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United Hampshire US REIT (SGX:ODBU) Return-on-Tangible-Equity : 9.34% (As of Dec. 2023)


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What is United Hampshire US REIT Return-on-Tangible-Equity?

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. United Hampshire US REIT's annualized net income for the quarter that ended in Dec. 2023 was $39.95 Mil. United Hampshire US REIT's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $427.71 Mil. Therefore, United Hampshire US REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 9.34%.

The historical rank and industry rank for United Hampshire US REIT's Return-on-Tangible-Equity or its related term are showing as below:

SGX:ODBU' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.09   Med: 6.94   Max: 10.82
Current: 7.69

During the past 7 years, United Hampshire US REIT's highest Return-on-Tangible-Equity was 10.82%. The lowest was 4.09%. And the median was 6.94%.

SGX:ODBU's Return-on-Tangible-Equity is ranked better than
66.67% of 792 companies
in the REITs industry
Industry Median: 4.545 vs SGX:ODBU: 7.69

United Hampshire US REIT Return-on-Tangible-Equity Historical Data

The historical data trend for United Hampshire US REIT'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.

* Premium members only.

United Hampshire US REIT Return-on-Tangible-Equity Chart

United Hampshire US REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 4.09 - 10.82 6.21 7.66

United Hampshire US REIT Semi-Annual Data
Dec16 Dec17 Dec18 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only 14.97 7.57 4.77 6.05 9.34

Competitive Comparison of United Hampshire US REIT's Return-on-Tangible-Equity

For the REIT - Retail subindustry, United Hampshire US REIT'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.


United Hampshire US REIT's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, United Hampshire US REIT's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where United Hampshire US REIT's Return-on-Tangible-Equity falls into.



United Hampshire US REIT Return-on-Tangible-Equity Calculation

United Hampshire US REIT's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=32.817/( (425.07+431.585 )/ 2 )
=32.817/428.3275
=7.66 %

United Hampshire US REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=39.95/( (423.839+431.585)/ 2 )
=39.95/427.712
=9.34 %

* 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 two times the semi-annual (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


United Hampshire US REIT  (SGX:ODBU) 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.


United Hampshire US REIT Return-on-Tangible-Equity Related Terms

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United Hampshire US REIT (SGX:ODBU) Business Description

Traded in Other Exchanges
N/A
Address
80 Raffles Place, No. 28-21 UOB Plaza 2, Singapore, SGP, 048624
United Hampshire US REIT is a Singapore 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 the majority of its revenue from the Grocery and Necessity Properties segment.

United Hampshire US REIT (SGX:ODBU) Headlines

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