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United Hampshire US REIT (SGX:ODBU) ROA % : 5.02% (As of Dec. 2023)


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What is United Hampshire US REIT ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. 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 Total Assets over the quarter that ended in Dec. 2023 was $796.11 Mil. Therefore, United Hampshire US REIT's annualized ROA % for the quarter that ended in Dec. 2023 was 5.02%.

The historical rank and industry rank for United Hampshire US REIT's ROA % or its related term are showing as below:

SGX:ODBU' s ROA % Range Over the Past 10 Years
Min: 2.57   Med: 3.79   Max: 6.31
Current: 4.14

During the past 7 years, United Hampshire US REIT's highest ROA % was 6.31%. The lowest was 2.57%. And the median was 3.79%.

SGX:ODBU's ROA % is ranked better than
70.41% of 801 companies
in the REITs industry
Industry Median: 2.18 vs SGX:ODBU: 4.14

United Hampshire US REIT ROA % Historical Data

The historical data trend for United Hampshire US REIT's ROA % 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 ROA % Chart

United Hampshire US REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial 2.57 - 6.31 3.45 4.12

United Hampshire US REIT Semi-Annual Data
Dec16 Dec17 Dec18 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROA % Get a 7-Day Free Trial Premium Member Only 8.75 4.36 2.67 3.27 5.02

Competitive Comparison of United Hampshire US REIT's ROA %

For the REIT - Retail subindustry, United Hampshire US REIT's ROA %, along with its competitors' market caps and ROA % 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 ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, United Hampshire US REIT's ROA % distribution charts can be found below:

* The bar in red indicates where United Hampshire US REIT's ROA % falls into.



United Hampshire US REIT ROA % Calculation

United Hampshire US REIT's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=32.817/( (785.903+808.758)/ 2 )
=32.817/797.3305
=4.12 %

United Hampshire US REIT's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=39.95/( (783.453+808.758)/ 2 )
=39.95/796.1055
=5.02 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.


United Hampshire US REIT  (SGX:ODBU) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=39.95/796.1055
=(Net Income / Revenue)*(Revenue / Total Assets)
=(39.95 / 72.202)*(72.202 / 796.1055)
=Net Margin %*Asset Turnover
=55.33 %*0.0907
=5.02 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) revenue data.

* 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.


Be Aware

Like ROE, ROA % 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. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


United Hampshire US REIT ROA % 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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