Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. LDR Capital Property Fund's annualizedNet Income for the quarter that ended in Dec. 2025 was A$9.59 Mil. LDR Capital Property Fund's average total tangible assets for the quarter that ended in Dec. 2025 was A$490.00 Mil. Therefore, LDR Capital Property Fund's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 1.96%.
The historical rank and industry rank for LDR Capital Property Fund's Return-on-Tangible-Asset or its related term are showing as below:
ASX:LED'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.82 Med: -1.08 Max: 9.02
Current: -0.67
During the past 7 years, LDR Capital Property Fund's highest Return-on-Tangible-Asset was 9.02%. The lowest was -5.82%. And the median was -1.08%.
ASX:LED's Return-on-Tangible-Asset is ranked worse than 71.85% of 1801
companies
in the Real Estate industry
Industry Median: 1.75
vs ASX:LED: -0.67
LDR Capital Property Fund (ASX:LED) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
LDR Capital Property Fund Return-on-Tangible-Asset Related Terms
LDR Capital Property Fund Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for LDR Capital Property Fund's Return-on-Tangible-Asset 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.
LDR Capital Property Fund Return-on-Tangible-Asset Chart
ASX:LED vs CBRE, BEKE, CSGP: Return-on-Tangible-Asset Comparison
For the Real Estate Services subindustry, LDR Capital Property Fund's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
LDR Capital Property Fund Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, LDR Capital Property Fund's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where LDR Capital Property Fund's Return-on-Tangible-Asset falls into.
* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 1.96% mean?
LDR Capital Property Fund (ASX:LED) has a Return-on-Tangible-Asset of 1.96% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on LDR Capital Property Fund and its competitors. According to the industry distribution chart, LDR Capital Property Fund ranks #1294 out of 1801 companies in the Real Estate industry, placing it in the top 71.8%.
Is LDR Capital Property Fund's Return-on-Tangible-Asset too high?
LDR Capital Property Fund's current Return-on-Tangible-Asset is 1.96%. The Real Estate industry median Return-on-Tangible-Asset is 1.75. LDR Capital Property Fund's value of 1.96% is 12% above this industry median. Based on the distribution chart, LDR Capital Property Fund ranks #1294 out of 1801 companies in the Real Estate industry, which is below the industry midpoint. Overall, LDR Capital Property Fund has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LDR Capital Property Fund's Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, LDR Capital Property Fund ranks #1294 out of 1801 companies for Return-on-Tangible-Asset. This places LDR Capital Property Fund in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.75. LDR Capital Property Fund's value of 1.96% is 12% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.75, based on 1,801 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LDR Capital Property Fund's current Return-on-Tangible-Asset of 1.96% is 12% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on LDR Capital Property Fund and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LDR Capital Property Fund's current Return-on-Tangible-Asset is 1.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LDR Capital Property Fund stock overvalued right now?
Based on GuruFocus' analysis, LDR Capital Property Fund (ASX:LED) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.40, compared to a current price of A$0.47 — trading 16.3% above its estimated fair value. The current Return-on-Tangible-Asset is 1.96% and 12% above the Real Estate industry median of 1.75. LDR Capital Property Fund's overall GF Score™ is 40/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For LDR Capital Property Fund (ASX:LED), the current Return-on-Tangible-Asset is 1.96% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is LDR Capital Property Fund (ASX:LED) Overvalued in 2026?
Based on GuruFocus' analysis, LDR Capital Property Fund stock appears to be overvalued.
The current stock price of A$0.47 is trading 16.3% above its estimated GF Value™ of A$0.40.
GuruFocus considers LDR Capital Property Fund to be Modestly Overvalued.
Key valuation signals for ASX:LED:
Return-on-Tangible-Asset: 1.96%
GF Value™: A$0.40 vs. price of A$0.47 (16.3% above fair value)
Industry Position: 12% above the Real Estate median (#1294 of 1801)
No single metric tells the full story. See the ASX:LED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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