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Urstadt Biddle Properties (Urstadt Biddle Properties) Return-on-Tangible-Equity : 6.12% (As of Apr. 2023)


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What is Urstadt Biddle Properties 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. Urstadt Biddle Properties's annualized net income for the quarter that ended in Apr. 2023 was $34.44 Mil. Urstadt Biddle Properties's average shareholder tangible equity for the quarter that ended in Apr. 2023 was $562.48 Mil. Therefore, Urstadt Biddle Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2023 was 6.12%.

The historical rank and industry rank for Urstadt Biddle Properties's Return-on-Tangible-Equity or its related term are showing as below:

UBPpG.CL.PFD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.74   Med: 7.01   Max: 14.65
Current: 6.9

During the past 13 years, Urstadt Biddle Properties's highest Return-on-Tangible-Equity was 14.65%. The lowest was 3.74%. And the median was 7.01%.

UBPpG.CL.PFD's Return-on-Tangible-Equity is not ranked
in the REITs industry.
Industry Median: 4.61 vs UBPpG.CL.PFD: 6.90

Urstadt Biddle Properties Return-on-Tangible-Equity Historical Data

The historical data trend for Urstadt Biddle Properties'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.

Urstadt Biddle Properties Return-on-Tangible-Equity Chart

Urstadt Biddle Properties Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.41 6.42 3.86 8.24 6.90

Urstadt Biddle Properties Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
Return-on-Tangible-Equity 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 Premium Member Only Premium Member Only 7.24 6.89 7.16 7.18 6.12

Competitive Comparison of Urstadt Biddle Properties's Return-on-Tangible-Equity

For the REIT - Retail subindustry, Urstadt Biddle Properties'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.


Urstadt Biddle Properties's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Urstadt Biddle Properties's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Urstadt Biddle Properties's Return-on-Tangible-Equity falls into.



Urstadt Biddle Properties Return-on-Tangible-Equity Calculation

Urstadt Biddle Properties's annualized Return-on-Tangible-Equity for the fiscal year that ended in Oct. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Oct. 2022 )  (A: Oct. 2021 )(A: Oct. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Oct. 2022 )  (A: Oct. 2021 )(A: Oct. 2022 )
=39.704/( (575.904+574.302 )/ 2 )
=39.704/575.103
=6.90 %

Urstadt Biddle Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Apr. 2023 )  (Q: Jan. 2023 )(Q: Apr. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Apr. 2023 )  (Q: Jan. 2023 )(Q: Apr. 2023 )
=34.44/( (563.87+561.098)/ 2 )
=34.44/562.484
=6.12 %

* 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 (Apr. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Urstadt Biddle Properties  (NYSE:UBPpG.CL.PFD) 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.


Urstadt Biddle Properties Return-on-Tangible-Equity Related Terms

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Urstadt Biddle Properties (Urstadt Biddle Properties) Business Description

Traded in Other Exchanges
N/A
Address
321 Railroad Avenue, Greenwich, CT, USA, 06830
Urstadt Biddle Properties Inc is a real estate investment trust. It is engaged in acquisition, ownership, and management of the commercial real estate. The company's business is the ownership of real estate investments, which consist principally of investments in income-producing properties, with primary emphasis on neighborhood and community shopping centers in the metropolitan New York tri-state area outside of the City of New York. The company's operating segment is one of its property, Ridgeway, located in Stamford, Connecticut, US.

Urstadt Biddle Properties (Urstadt Biddle Properties) Headlines

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