UI Boustead REIT (SGX:UIBU) ROE %: 5.65% (As of Sep. 2025) — 11% Below Median

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SGX:UIBU UI Boustead REIT SGX:UIBU
12 GF Score
Price S$0.81
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What is UI Boustead REIT ROE %?

UI Boustead REIT SGX:UIBU -0.62% 12 ROE % 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 929 REITs companies, UI Boustead REIT ranks worse than 51.67% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. 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 Total Stockholders Equity over the quarter that ended in Sep. 2025 was S$1,165.9 Mil. Therefore, UI Boustead REIT's annualized ROE % for the quarter that ended in Sep. 2025 was 5.65%.

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

SGX:UIBU' s ROE % 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 ROE % was 6.33%. The lowest was 5.92%. And the median was 6.33%.

SGX:UIBU's ROE % is ranked worse than
51.67% of 929 companies
in the REITs industry
Industry Median: 6.12 vs SGX:UIBU: 5.92

UI Boustead REIT  (SGX:UIBU) 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: Sep. 2025 )
=Net Income/Total Stockholders Equity
=65.852/1165.909
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(65.852 / 106.43)*(106.43 / 1873.5225)*(1873.5225 / 1165.909)
=Net Margin %*Asset Turnover*Equity Multiplier
=61.87 %*0.0568*1.6069
=ROA %*Equity Multiplier
=3.51 %*1.6069
=5.65 %

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: Sep. 2025 )
=Net Income/Total Stockholders Equity
=65.852/1165.909
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (65.852 / 66.596) * (66.596 / 72.654) * (72.654 / 106.43) * (106.43 / 1873.5225) * (1873.5225 / 1165.909)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9888 * 0.9166 * 68.26 % * 0.0568 * 1.6069
=5.65 %

Note: The net income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) 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.


UI Boustead REIT ROE % Related Terms


UI Boustead REIT ROE % Historical Data

* Premium members only.

The historical data trend for UI Boustead 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.

UI Boustead REIT ROE % Chart

UI Boustead REIT Annual Data
Trend Mar23 Mar24 Mar25
ROE %
0.00 0.00 6.33

UI Boustead REIT Semi-Annual Data
Sep24 Mar25 Sep25
ROE % 0.00 6.20 5.65

SGX:UIBU vs PLD, PSA, EXR: ROE % Comparison

For the REIT - Industrial subindustry, UI Boustead 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.


UI Boustead REIT ROE % vs REITs Industry

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

* The bar in red indicates where UI Boustead REIT's ROE % falls into.


SGX:UIBU
12GF Score
UI Boustead REIT SGX:UIBU
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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UI Boustead REIT ROE % Calculation

UI Boustead REIT's annualized ROE % for the fiscal year that ended in Mar. 2025 is calculated as

ROE %=Net Income (A: Mar. 2025 )/( (Total Stockholders Equity (A: Mar. 2024 )+Total Stockholders Equity (A: Mar. 2025 ))/ count )
=73.857/( (0+1165.909)/ 1 )
=73.857/1165.909
=6.33 %

UI Boustead REIT's annualized ROE % for the quarter that ended in Sep. 2025 is calculated as

ROE %=Net Income (Q: Sep. 2025 )/( (Total Stockholders Equity (Q: Mar. 2025 )+Total Stockholders Equity (Q: Sep. 2025 ))/ count )
=65.852/( (1165.909+1165.909)/ 2 )
=65.852/1165.909
=5.65 %

* 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 two times the semi-annual (Sep. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 5.65% mean?
UI Boustead REIT (SGX:UIBU) has a ROE % of 5.65% as of Sep. 2025. Return on equity is the ratio of current-period net income to average two-period total 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 ROE % has ranged from 5.92 to 6.33. According to the industry distribution chart, UI Boustead REIT ranks #480 out of 929 companies in the REITs industry, placing it in the top 51.7%.
Is UI Boustead REIT's ROE % too high?
UI Boustead REIT's current ROE % 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 ROE % is 6.12. UI Boustead REIT's value of 5.65% is 7.7% below this industry median. Based on the distribution chart, UI Boustead REIT ranks #480 out of 929 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 ROE % compare to PLD and PSA?
According to the REITs industry distribution chart, UI Boustead REIT ranks #480 out of 929 companies for ROE %. This places UI Boustead REIT in the lower half of its industry. The industry median ROE % is 6.12. UI Boustead REIT's value of 5.65% is 7.7% below this benchmark. Historically, UI Boustead REIT's own ROE % 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 6.12, 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 ROE % for a REITs company?
The median ROE % among REITs companies is 6.12, based on 929 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. UI Boustead REIT's current ROE % of 5.65% is 7.7% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on UI Boustead REIT and its competitors. For the REITs industry, the median ROE % is 6.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UI Boustead REIT's current ROE % 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 ROE % of 5.65%. The current ROE % is 5.65%, which is 11% below median its 10-year median of 6.33 and 7.7% below the REITs industry median of 6.12. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For UI Boustead REIT (SGX:UIBU), the current ROE % 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.

UI Boustead REIT Business Description

Industry Real EstateREITs
Address 82 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.
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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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