What is United Urban Investment 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. United Urban Investment's annualized net income for the quarter that ended in Nov. 2023 was 円20,740 Mil. United Urban Investment's average shareholder tangible equity for the quarter that ended in Nov. 2023 was 円351,211 Mil. Therefore, United Urban Investment's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2023 was 5.91%.
The historical rank and industry rank for United Urban Investment's Return-on-Tangible-Equity or its related term are showing as below:
TSE:8960'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.84 Med: 5.77 Max: 6.89
Current: 5.78
During the past 13 years, United Urban Investment's highest Return-on-Tangible-Equity was 6.89%. The lowest was 4.84%. And the median was 5.77%.
TSE:8960's Return-on-Tangible-Equity is ranked better than 55.43% of 792
companies
in the REITs industry
Industry Median: 4.575
vs TSE:8960: 5.78
United Urban Investment Return-on-Tangible-Equity Historical Data
The historical data trend for United Urban Investment'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.
United Urban Investment Return-on-Tangible-Equity Chart
Competitive Comparison of United Urban Investment's Return-on-Tangible-Equity
For the REIT - Diversified subindustry, United Urban Investment'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.
United Urban Investment's Return-on-Tangible-Equity Distribution in the REITs Industry
For the REITs industry and Real Estate sector, United Urban Investment's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where United Urban Investment's Return-on-Tangible-Equity falls into.
United Urban Investment Return-on-Tangible-Equity Calculation
United Urban Investment's annualized Return-on-Tangible-Equity for the fiscal year that ended in Nov. 2023 is calculated as
* 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 (Nov. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
United Urban Investment (TSE:8960) 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.
United Urban Investment Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of United Urban Investment's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
United Urban Investment (TSE:8960) Business Description
United Urban Investment Corp is a real estate investment trust. The company invests in real estates such as retail properties, office buildings, hotels, residential properties and others. The company's primary objective is to secure steady earnings over the medium to long term through investment in varied both in types of use and geographical location. The company invests in real estates located in the Tokyo metropolitan area and other cities in Japan including government-designated cities, and surrounding areas thereof.
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