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Urstadt Biddle Properties (Urstadt Biddle Properties) ROE % : 6.12% (As of Apr. 2023)


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What is Urstadt Biddle Properties ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Urstadt Biddle Properties's annualized net income for the quarter that ended in Apr. 2023 was $34.4 Mil. Urstadt Biddle Properties's average Total Stockholders Equity over the quarter that ended in Apr. 2023 was $562.5 Mil. Therefore, Urstadt Biddle Properties's annualized ROE % for the quarter that ended in Apr. 2023 was 6.12%.

The historical rank and industry rank for Urstadt Biddle Properties's ROE % or its related term are showing as below:

UBA' s ROE % Range Over the Past 10 Years
Min: 3.74   Med: 7.01   Max: 14.65
Current: 6.9

During the past 13 years, Urstadt Biddle Properties's highest ROE % was 14.65%. The lowest was 3.74%. And the median was 7.01%.

UBA's ROE % is not ranked
in the REITs industry.
Industry Median: 4.195 vs UBA: 6.90

Urstadt Biddle Properties ROE % Historical Data

The historical data trend for Urstadt Biddle Properties'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.

Urstadt Biddle Properties ROE % Chart

Urstadt Biddle Properties Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.41 6.42 3.86 8.24 6.90

Urstadt Biddle Properties Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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 7.24 6.89 7.16 7.18 6.12

Competitive Comparison of Urstadt Biddle Properties's ROE %

For the REIT - Retail subindustry, Urstadt Biddle Properties'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.


Urstadt Biddle Properties's ROE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Urstadt Biddle Properties's ROE % distribution charts can be found below:

* The bar in red indicates where Urstadt Biddle Properties's ROE % falls into.



Urstadt Biddle Properties ROE % Calculation

Urstadt Biddle Properties's annualized ROE % for the fiscal year that ended in Oct. 2022 is calculated as

ROE %=Net Income (A: Oct. 2022 )/( (Total Stockholders Equity (A: Oct. 2021 )+Total Stockholders Equity (A: Oct. 2022 ))/ count )
=39.704/( (575.904+574.302)/ 2 )
=39.704/575.103
=6.90 %

Urstadt Biddle Properties's annualized ROE % for the quarter that ended in Apr. 2023 is calculated as

ROE %=Net Income (Q: Apr. 2023 )/( (Total Stockholders Equity (Q: Jan. 2023 )+Total Stockholders Equity (Q: Apr. 2023 ))/ count )
=34.44/( (563.87+561.098)/ 2 )
=34.44/562.484
=6.12 %

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


Urstadt Biddle Properties  (NYSE:UBA) 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: Apr. 2023 )
=Net Income/Total Stockholders Equity
=34.44/562.484
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(34.44 / 140.284)*(140.284 / 990.9545)*(990.9545 / 562.484)
=Net Margin %*Asset Turnover*Equity Multiplier
=24.55 %*0.1416*1.7617
=ROA %*Equity Multiplier
=3.48 %*1.7617
=6.12 %

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: Apr. 2023 )
=Net Income/Total Stockholders Equity
=34.44/562.484
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (34.44 / 37.796) * (37.796 / 50.296) * (50.296 / 140.284) * (140.284 / 990.9545) * (990.9545 / 562.484)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9112 * 0.7515 * 35.85 % * 0.1416 * 1.7617
=6.12 %

Note: The net income data used here is four times the quarterly (Apr. 2023) net income data. The Revenue data used here is four times the quarterly (Apr. 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.


Urstadt Biddle Properties ROE % Related Terms

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Urstadt Biddle Properties (Urstadt Biddle Properties) Business Description

Traded in Other Exchanges
N/A
Address
321 Railroad Avenue, Greenwich, CT, USA, 06830
Urstadt Biddle Properties Inc is a real estate investment trust. It is engaged in acquisition, ownership, and management of the commercial real estate. The company's business is the ownership of real estate investments, which consist principally of investments in income-producing properties, with primary emphasis on neighborhood and community shopping centers in the metropolitan New York tri-state area outside of the City of New York. The company's operating segment is one of its property, Ridgeway, located in Stamford, Connecticut, US.
Executives
Bryan O. Colley director 83 NORTH SALEM ROAD, CROSS RIVER NY 10518
Kevin J Bannon director 62 CROTON AVENUE, MOUNT KISCO NY 10549
Elinor F Urstadt 10 percent owner 6 BEECHWOOD ROAD, BRONXVILLE NY 10708
Estate Of Urstadt, Charles J. 10 percent owner 6 BEECHWOOD ROAD, BRONXVILLE NY 10708
Stephan A Rapaglia officer: SVP and COO 8 OLD MUSKET LANE, RIDGEFIELD CT 06877
John T Hayes officer: Senior VP and CFO 321 RAILROAD AVENUE, GREENWICH CT 06830
Stephens Willis H. Jr. director 15 MT. EBO ROAD SOUTH, P.O. BOX 408, BREWSTER NY 10509
Charles J Urstadt director, 10 percent owner, officer: Chairman of Board & CEO 321 RAILROAD AVE, GREENWICH CT 06830
Miyun Sung officer: SVP and CLO 4-75 48TH AVENUE #705, LONG ISLAND CITY NY 11109
Carpenter Noble O Jr director 18 HAWTHORNE ROAD, BRONXVILLE NY 10708
Thomas D Myers officer: Co-Counsel 321 RAILROAD AVENUE, GREENWICH CT 06830
Catherine U Biddle director 53 ELMWOOD ROAD, SOUTH SALEM NY 10590
Richard Grellier director 4 EGGLESTON LANE, OLD GREENWICH CT 06870
Robert J Mueller director 321 RAILROAD AVENUE, GREENWICH CT 06830
Raymond P Argila officer: Senior Vice President 321 RAILROAD AVENUE, GREENWICH CT 06830

Urstadt Biddle Properties (Urstadt Biddle Properties) Headlines

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