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Bluerock Homes Trust (Bluerock Homes Trust) ROE % : -33.95% (As of Dec. 2023)


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What is Bluerock Homes Trust ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bluerock Homes Trust's annualized net income for the quarter that ended in Dec. 2023 was $-51.34 Mil. Bluerock Homes Trust's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $151.21 Mil. Therefore, Bluerock Homes Trust's annualized ROE % for the quarter that ended in Dec. 2023 was -33.95%.

The historical rank and industry rank for Bluerock Homes Trust's ROE % or its related term are showing as below:

BHM' s ROE % Range Over the Past 10 Years
Min: -10.26   Med: -6.85   Max: 20.78
Current: -10.13

During the past 4 years, Bluerock Homes Trust's highest ROE % was 20.78%. The lowest was -10.26%. And the median was -6.85%.

BHM's ROE % is ranked worse than
88.29% of 794 companies
in the REITs industry
Industry Median: 4.325 vs BHM: -10.13

Bluerock Homes Trust ROE % Historical Data

The historical data trend for Bluerock Homes Trust'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.

Bluerock Homes Trust ROE % Chart

Bluerock Homes Trust Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROE %
-9.88 20.78 -3.81 -10.26

Bluerock Homes Trust Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.58 -3.87 -0.85 -2.71 -33.95

Competitive Comparison of Bluerock Homes Trust's ROE %

For the REIT - Residential subindustry, Bluerock Homes Trust'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.


Bluerock Homes Trust's ROE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Bluerock Homes Trust's ROE % distribution charts can be found below:

* The bar in red indicates where Bluerock Homes Trust's ROE % falls into.



Bluerock Homes Trust ROE % Calculation

Bluerock Homes Trust'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 )
=-15.767/( (159.986+147.351)/ 2 )
=-15.767/153.6685
=-10.26 %

Bluerock Homes Trust's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-51.344/( (155.078+147.351)/ 2 )
=-51.344/151.2145
=-33.95 %

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


Bluerock Homes Trust  (AMEX:BHM) 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
=-51.344/151.2145
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-51.344 / 42.008)*(42.008 / 671.147)*(671.147 / 151.2145)
=Net Margin %*Asset Turnover*Equity Multiplier
=-122.22 %*0.0626*4.4384
=ROA %*Equity Multiplier
=-7.65 %*4.4384
=-33.95 %

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
=-51.344/151.2145
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-51.344 / -22.768) * (-22.768 / -17.284) * (-17.284 / 42.008) * (42.008 / 671.147) * (671.147 / 151.2145)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 2.2551 * 1.3173 * -41.14 % * 0.0626 * 4.4384
=-33.95 %

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


Bluerock Homes Trust ROE % Related Terms

Thank you for viewing the detailed overview of Bluerock Homes Trust's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bluerock Homes Trust (Bluerock Homes Trust) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 32nd Floor, New York, NY, USA, 10105
Bluerock Homes Trust Inc owns and operates single-family properties that generate rental and other property-related income through the leasing of units to a diverse base of tenants. The properties are located in Sunbelt and the Western United States.
Executives
Christopher J. Vohs officer: CFO and Treasurer 27777 FRANKLIN RD SUITE 900, SOUTHFIELD MI 48034
Par Olof Sanda 10 percent owner 624 RIVIERA ISLE DRIVE, FORT LAUDERDALE FL 33301
Sand Capital Associates Llc 10 percent owner 501 N BIRCH RD, UNIT 3, FORT LAUDERDALE FL 33304
Romano Tio director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Babb James G. Iii officer: Chief Strategy Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Ryan S Macdonald officer: Chief Investment Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10012
Michael Difranco officer: Executive VP, Operations 712 FIFTH AVENUE, SUITE 900, NEW YORK NY 10019
Kamal Jafarnia director 7201 REGENCY COURT, PLANO TX 75024
Elizabeth Scott Harrison director 390 WEST END AVENUE, APARTMENT 3F, NEW YORK NY 10024
I. Bobby Majumder director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Ramin Kamfar officer: Chief Executive Officer 1345 AVENUE OF THE AMERICAS, 32 FLOOR, NEW YORK NY 10105
Jordan B. Ruddy director, officer: President 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Bluerock Residential Growth Reit, Inc. 10 percent owner 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Jason Emala officer: See Remarks 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105