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Medalist Diversified REIT (Medalist Diversified REIT) ROE % : -16.63% (As of Dec. 2023)


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What is Medalist Diversified REIT ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Medalist Diversified REIT's annualized net income for the quarter that ended in Dec. 2023 was $-2.09 Mil. Medalist Diversified REIT's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $12.58 Mil. Therefore, Medalist Diversified REIT's annualized ROE % for the quarter that ended in Dec. 2023 was -16.63%.

The historical rank and industry rank for Medalist Diversified REIT's ROE % or its related term are showing as below:

MDRR' s ROE % Range Over the Past 10 Years
Min: -56.3   Med: -24.63   Max: -18.15
Current: -31.28

During the past 8 years, Medalist Diversified REIT's highest ROE % was -18.15%. The lowest was -56.30%. And the median was -24.63%.

MDRR's ROE % is ranked worse than
98.11% of 795 companies
in the REITs industry
Industry Median: 4.33 vs MDRR: -31.28

Medalist Diversified REIT ROE % Historical Data

The historical data trend for Medalist Diversified REIT's ROE % 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.

Medalist Diversified REIT ROE % Chart

Medalist Diversified REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial -18.15 -56.30 -26.99 -24.63 -30.91

Medalist Diversified REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 -22.82 -29.51 -22.92 -56.42 -16.63

Competitive Comparison of Medalist Diversified REIT's ROE %

For the REIT - Diversified subindustry, Medalist Diversified REIT's ROE %, along with its competitors' market caps and ROE % 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.


Medalist Diversified REIT's ROE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Medalist Diversified REIT's ROE % distribution charts can be found below:

* The bar in red indicates where Medalist Diversified REIT's ROE % falls into.



Medalist Diversified REIT ROE % Calculation

Medalist Diversified REIT's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-4.571/( (17.251+12.321)/ 2 )
=-4.571/14.786
=-30.91 %

Medalist Diversified REIT's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-2.092/( (12.844+12.321)/ 2 )
=-2.092/12.5825
=-16.63 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Medalist Diversified REIT  (NAS:MDRR) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-2.092/12.5825
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.092 / 10.828)*(10.828 / 83.584)*(83.584 / 12.5825)
=Net Margin %*Asset Turnover*Equity Multiplier
=-19.32 %*0.1295*6.6429
=ROA %*Equity Multiplier
=-2.5 %*6.6429
=-16.63 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-2.092/12.5825
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2.092 / -2.124) * (-2.124 / 3.028) * (3.028 / 10.828) * (10.828 / 83.584) * (83.584 / 12.5825)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9849 * -0.7015 * 27.96 % * 0.1295 * 6.6429
=-16.63 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Medalist Diversified REIT ROE % Related Terms

Thank you for viewing the detailed overview of Medalist Diversified REIT's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Medalist Diversified REIT (Medalist Diversified REIT) Business Description

Traded in Other Exchanges
Address
1051 E. Cary Street, Suite 601, James Center Three, Richmond, VA, USA, 23219
Medalist Diversified REIT Inc is engaged in the acquisition, reposition, renovation, leasing and managing of income-producing properties with a focus on commercial properties, including flex-industrial and retail properties, multi-family residential properties and hotel properties. The company operates as a UPREIT and owns properties through its subsidiary, Medalist Diversified Holdings, LP. Its principal objectives include sourcing value-add Investments in markets in which it maintains deep industry relationships and local market knowledge and the creation of value for stockholders by utilizing its relationships and local knowledge of commercial real estate investment, management and disposition.
Executives
Emanuel D Neuman director C/O MEDALIST DIVERSIFIED REIT, INC., PO BOX 8436, RICHAMOND VA 23226
Benjamin Ore other: Senior Accountant 12215 HAMPTON VALLEY TURN, CHESTERFIELD VA 23832
David Lunin director C/O MEDALIST DIVERSIFIED REIT, INC., PO BOX 8436, RICHMOND VA 23226
Timothy Patrick O'brien director 7504 HACKAMORE DRIVE, POTOMAC MD 20854
Frank Kavanaugh director, 10 percent owner 3419 VIA LIDO, SUITE 470, NEWPORT BEACH CA 92663
Winn Charles Brent Jr. officer: Chief Financial Officer 9601 CRAGMONT DRIVE, RICHMOND VA 23229
Elliott Colin other: Vice President 2915 MONUMENT AVE., RICHMOND VA 23221
Alfred Lee Finley 10 percent owner 2800 GOLDEN TRIANGLE BLVD, FORT WORTH TX 76177
Thomas E Messier director, officer: See Remarks 11 S. 12TH STREET, SUITE 401, RICHMOND VA 23219
Alf Operating Partners, Ltd. 10 percent owner 2800 GOLDEN TRIANGLE BLVD, FORT WORTH TX 76177
Susan Finley 10 percent owner 2800 GOLDEN TRIANGLE BLVD, FORT WORTH TX 76177
Alf Acquisitions Company, Llc 10 percent owner 2800 GOLDEN TRIANGLE BLVD, FORT WORTH TX 76177
Neil P Farmer director 7 SHADOW LANE, RICHMOND VA 23229
Bitnile Holdings, Inc. 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Dianna Raedle director 240 CENTRAL PARK SOUTH, APT 6B, NEW YORK NY 10019

Medalist Diversified REIT (Medalist Diversified REIT) Headlines

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