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Urban Edge Properties (Urban Edge Properties) Return-on-Tangible-Equity : 1.01% (As of Mar. 2024)


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What is Urban Edge 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. Urban Edge Properties's annualized net income for the quarter that ended in Mar. 2024 was $10.4 Mil. Urban Edge Properties's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $1,035.2 Mil. Therefore, Urban Edge Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 1.01%.

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

UE' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.02   Med: 12.42   Max: 28.64
Current: 28.64

During the past 13 years, Urban Edge Properties's highest Return-on-Tangible-Equity was 28.64%. The lowest was 5.02%. And the median was 12.42%.

UE's Return-on-Tangible-Equity is ranked better than
93.94% of 792 companies
in the REITs industry
Industry Median: 4.545 vs UE: 28.64

Urban Edge Properties Return-on-Tangible-Equity Historical Data

The historical data trend for Urban Edge 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.

Urban Edge Properties Return-on-Tangible-Equity Chart

Urban Edge Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.47 10.31 11.29 5.02 25.47

Urban Edge Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -8.54 4.69 16.32 91.59 1.01

Competitive Comparison of Urban Edge Properties's Return-on-Tangible-Equity

For the REIT - Retail subindustry, Urban Edge 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.


Urban Edge Properties's Return-on-Tangible-Equity Distribution in the REITs Industry

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

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



Urban Edge Properties Return-on-Tangible-Equity Calculation

Urban Edge Properties's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=248.497/( (914.135+1036.793 )/ 2 )
=248.497/975.464
=25.47 %

Urban Edge Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=10.412/( (1036.793+1033.662)/ 2 )
=10.412/1035.2275
=1.01 %

* 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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Urban Edge Properties  (NYSE:UE) 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.


Urban Edge Properties Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Urban Edge Properties's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Urban Edge Properties (Urban Edge Properties) Business Description

Traded in Other Exchanges
N/A
Address
888 Seventh Avenue, New York, NY, USA, 10019
Urban Edge Properties is a real estate investment trust principally focused on the management and development of retail real estate properties in urban communities in the U.S. Having originally been created to hold the majority of Vornado Realty Trust's shopping center businesses, Urban Edge's asset portfolio is mostly composed of shopping centers and malls in terms of total square footage. The company's holdings include necessity and convenience-oriented retailers, such as department stores, grocers, health clubs, and restaurants. Urban Edge's properties are mainly located in the New York City metropolitan region and within the DC to Boston corridor. The company generates nearly all of its revenue through the collection of rent from a large number of tenants.
Executives
Catherine Rice director 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Milton Robert C. Iii officer: General Counsel and Secretary C/O CIFC CORP., 250 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10177
Jeffrey Mooallem officer: Chief Operating Officer 3 SERRAMONTE CENTER, DALY CITY CA 94015
Andrea Rosenthal Drazin officer: Chief Accounting Officer 849 BRADFORD AVENUE, WESTFIELD NJ 07090
Katherine M Sandstrom director 4600 SOUTH SYRACUSE STREET, SUITE 500, DENVER CO 80237
Mary Baglivo director C/O SAATCHI & SAATCHI, 17 HUDSON STREET, NEW YORK NY 10014
Norman K. Jenkins director 9211 GLADYS FARM WAY, GAITHERSBURG MD 20882
Susan Givens director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Herbert Eilberg officer: Chief Investment Officer C/O URBAN EDGE PROPERTIES, 888 7TH AVENUE, 6TH FLOOR, NEW YORK NY 10019
Vita Danielle De officer: EVP of Development 45 WOOTTON ROAD, ESSEX FELLS NJ 07021
Douglas William Sesler director 54 NORTHWAY, BRONXVILLE NY 10708
Steven Roth director
Christopher Weilminster officer: Chief Operating Officer C/O URBAN EDGE PROPERTIES, 888 7TH AVENUE, 6TH FLOOR, NEW YORK NY 10019
Briggs Donald Ten Eyck officer: President of Development 78 BLANCHARD RD., BURLINGTON MA 01803
Bernard Schachter officer: EVP - Asset Management C/O URBAN EDGE PROPERTIES, 210 ROUTE 4 EAST, PARAMUS NJ 07652