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United Hampshire US REIT (SGX:ODBU) ROE % : 9.34% (As of Dec. 2023)


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What is United Hampshire US REIT ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity 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 Stockholders Equity over the quarter that ended in Dec. 2023 was $427.71 Mil. Therefore, United Hampshire US REIT's annualized ROE % for the quarter that ended in Dec. 2023 was 9.34%.

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

SGX:ODBU' s ROE % Range Over the Past 10 Years
Min: 4.09   Med: 6.94   Max: 10.82
Current: 7.69

During the past 7 years, United Hampshire US REIT's highest ROE % was 10.82%. The lowest was 4.09%. And the median was 6.94%.

SGX:ODBU's ROE % is ranked better than
68.22% of 796 companies
in the REITs industry
Industry Median: 4.2 vs SGX:ODBU: 7.69

United Hampshire US REIT ROE % Historical Data

The historical data trend for United Hampshire US 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.

United Hampshire US REIT ROE % Chart

United Hampshire US REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial 4.09 - 10.82 6.21 7.66

United Hampshire US REIT Semi-Annual Data
Dec16 Dec17 Dec18 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only 14.97 7.57 4.77 6.05 9.34

Competitive Comparison of United Hampshire US REIT's ROE %

For the REIT - Retail subindustry, United Hampshire US 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.


United Hampshire US REIT's ROE % Distribution in the REITs Industry

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

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



United Hampshire US REIT ROE % Calculation

United Hampshire US 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 )
=32.817/( (425.07+431.585)/ 2 )
=32.817/428.3275
=7.66 %

United Hampshire US 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: Jun. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=39.95/( (423.839+431.585)/ 2 )
=39.95/427.712
=9.34 %

* 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 (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


United Hampshire US REIT  (SGX:ODBU) 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
=39.95/427.712
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(39.95 / 72.202)*(72.202 / 796.1055)*(796.1055 / 427.712)
=Net Margin %*Asset Turnover*Equity Multiplier
=55.33 %*0.0907*1.8613
=ROA %*Equity Multiplier
=5.02 %*1.8613
=9.34 %

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
=39.95/427.712
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (39.95 / 50.526) * (50.526 / 44.088) * (44.088 / 72.202) * (72.202 / 796.1055) * (796.1055 / 427.712)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7907 * 1.146 * 61.06 % * 0.0907 * 1.8613
=9.34 %

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. 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.


United Hampshire US REIT ROE % 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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