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UI Boustead REITSGX:UIBU -0.62%12 Return-on-Tangible-Equity is 5.65% as of Sep. 2025, which is 11% below its 10-year median of 6.33. GuruFocus rates SGX:UIBU with a GF Score™ of 12/100. The stock has 4 warning signs investors should review. Among 928 REITs companies, UI Boustead REIT ranks worse than 52.69% 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. UI Boustead REIT's annualized net income for the quarter that ended in Sep. 2025 was S$65.9 Mil. UI Boustead REIT's average shareholder tangible equity for the quarter that ended in Sep. 2025 was S$1,165.9 Mil. Therefore, UI Boustead REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was 5.65%.
The historical rank and industry rank for UI Boustead REIT's Return-on-Tangible-Equity or its related term are showing as below:
SGX:UIBU'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.92 Med: 6.33 Max: 6.33
Current: 5.92
During the past 3 years, UI Boustead REIT's highest Return-on-Tangible-Equity was 6.33%. The lowest was 5.92%. And the median was 6.33%.
SGX:UIBU's Return-on-Tangible-Equity is ranked worse than 52.69% of 928
companies
in the REITs industry
Industry Median: 6.265
vs SGX:UIBU: 5.92
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.
UI Boustead REIT Return-on-Tangible-Equity Related Terms
UI Boustead REIT Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for UI Boustead 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.
UI Boustead REIT Return-on-Tangible-Equity Chart
UI Boustead REIT Annual Data
Trend
Mar23
Mar24
Mar25
Return-on-Tangible-Equity
0.00
0.00
6.33
UI Boustead REIT Semi-Annual Data
Sep24
Mar25
Sep25
Return-on-Tangible-Equity
0.00
6.20
5.65
SGX:UIBU vs PLD, PSA, EXR: Return-on-Tangible-Equity Comparison
For the REIT - Industrial subindustry, UI Boustead 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.
UI Boustead REIT Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, UI Boustead REIT's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where UI Boustead REIT'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 two times the semi-annual (Sep. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 5.65% mean?
UI Boustead REIT (SGX:UIBU) has a Return-on-Tangible-Equity of 5.65% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on UI Boustead REIT and its competitors. This is 11% below median its historical median of 6.33. Over the past decade, UI Boustead REIT's Return-on-Tangible-Equity has ranged from 5.92 to 6.33. According to the industry distribution chart, UI Boustead REIT ranks #489 out of 928 companies in the REITs industry, placing it in the top 52.7%.
Is UI Boustead REIT's Return-on-Tangible-Equity too high?
UI Boustead REIT's current Return-on-Tangible-Equity of 5.65% is 11% below median its 10-year median of 6.33. Over the past 10 years, this metric has ranged from a low of 5.92 to a high of 6.33. The REITs industry median Return-on-Tangible-Equity is 6.27. UI Boustead REIT's value of 5.65% is 9.8% below this industry median. Based on the distribution chart, UI Boustead REIT ranks #489 out of 928 companies in the REITs industry, which is below the industry midpoint. Overall, UI Boustead REIT has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does UI Boustead REIT's Return-on-Tangible-Equity compare to PLD and PSA?
According to the REITs industry distribution chart, UI Boustead REIT ranks #489 out of 928 companies for Return-on-Tangible-Equity. This places UI Boustead REIT in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.27. UI Boustead REIT's value of 5.65% is 9.8% below this benchmark. Historically, UI Boustead REIT's own Return-on-Tangible-Equity has ranged from 5.92 to 6.33 over the past decade. While the company's 10-year median is 6.33 vs. the industry median of 6.27, UI Boustead REIT 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 REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.27, based on 928 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. UI Boustead REIT's current Return-on-Tangible-Equity of 5.65% is 9.8% 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 UI Boustead REIT and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UI Boustead REIT's current Return-on-Tangible-Equity is 5.65%, which is 11% below median its own 10-year median of 6.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UI Boustead REIT stock overvalued right now?
UI Boustead REIT (SGX:UIBU) has a current Return-on-Tangible-Equity of 5.65%. The current Return-on-Tangible-Equity is 5.65%, which is 11% below median its 10-year median of 6.33 and 9.8% below the REITs industry median of 6.27. UI Boustead REIT's overall GF Score™ is 12/100 with 4 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 UI Boustead REIT (SGX:UIBU), the current Return-on-Tangible-Equity is 5.65% as of Sep. 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.
Address82 Ubi Avenue 4, No. 08-01 Edward Boustead Centre, Singapore, SGP, 408832
UI Boustead REIT is a real estate investment trust (REIT) that invests, directly or indirectly, in logistics, industrial, high-specification industrial, and business space properties in the Asia-Pacific region, as well as real estate-related assets. Its key objectives are to provide Unitholders with an attractive rate of return on their investment through regular and stable distributions and to achieve long-term growth in DPU and net asset value (NAV) per Unit, while maintaining an appropriate capital structure.
12GF Score
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