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BKK:MII's Return-on-Tangible-Asset is ranked better than 78.03% of 933
companies
in the REITs industry
Industry Median: 3.27
vs BKK:MII: 7.26
MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) 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.
MFC Industrial Investment Freehold and Leasehold REIT Return-on-Tangible-Asset Related Terms
MFC Industrial Investment Freehold and Leasehold REIT Return-on-Tangible-Asset Historical Data
* 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.
MFC Industrial Investment Freehold and Leasehold REIT Return-on-Tangible-Asset Chart
MFC Industrial Investment Freehold and Leasehold REIT Annual Data
BKK:MII vs VICI, WPC, BNL: Return-on-Tangible-Asset Comparison
For the REIT - Diversified subindustry, MFC Industrial Investment Freehold and Leasehold REIT'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.
MFC Industrial Investment Freehold and Leasehold REIT Return-on-Tangible-Asset vs REITs Industry
* 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.23% mean?
MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) has a Return-on-Tangible-Asset of 6.23% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on MFC Industrial Investment Freehold and Leasehold REIT and its competitors. This is near median its historical median of 6.51. Over the past decade, MFC Industrial Investment Freehold and Leasehold REIT's Return-on-Tangible-Asset has ranged from 4.40 to 7.26. According to the industry distribution chart, MFC Industrial Investment Freehold and Leasehold REIT ranks #205 out of 933 companies in the REITs industry, placing it in the top 22%.
Is MFC Industrial Investment Freehold and Leasehold REIT's Return-on-Tangible-Asset too high?
MFC Industrial Investment Freehold and Leasehold REIT's current Return-on-Tangible-Asset of 6.23% is near median its 10-year median of 6.51. Over the past 10 years, this metric has ranged from a low of 4.40 to a high of 7.26. The REITs industry median Return-on-Tangible-Asset is 3.27. MFC Industrial Investment Freehold and Leasehold REIT's value of 6.23% is 90.5% above this industry median. Based on the distribution chart, MFC Industrial Investment Freehold and Leasehold REIT ranks #205 out of 933 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, MFC Industrial Investment Freehold and Leasehold REIT has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MFC Industrial Investment Freehold and Leasehold REIT's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, MFC Industrial Investment Freehold and Leasehold REIT ranks #205 out of 933 companies for Return-on-Tangible-Asset. This places MFC Industrial Investment Freehold and Leasehold REIT in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.27. MFC Industrial Investment Freehold and Leasehold REIT's value of 6.23% is 90.5% above this benchmark. Historically, MFC Industrial Investment Freehold and Leasehold REIT's own Return-on-Tangible-Asset has ranged from 4.40 to 7.26 over the past decade. While the company's 10-year median is 6.51 vs. the industry median of 3.27, MFC Industrial Investment Freehold and Leasehold REIT has consistently been above the industry average. 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 REITs company?
The median Return-on-Tangible-Asset among REITs companies is 3.27, based on 933 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. MFC Industrial Investment Freehold and Leasehold REIT's current Return-on-Tangible-Asset of 6.23% is 90.5% 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 MFC Industrial Investment Freehold and Leasehold REIT and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MFC Industrial Investment Freehold and Leasehold REIT's current Return-on-Tangible-Asset is 6.23%, which is near median its own 10-year median of 6.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MFC Industrial Investment Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) is currently considered Fairly Valued. The stock's GF Value™ is ฿6.21, compared to a current price of ฿6.40 — trading 3.1% above its estimated fair value. The current Return-on-Tangible-Asset is 6.23%, which is near median its 10-year median of 6.51 and 90.5% above the REITs industry median of 3.27. MFC Industrial Investment Freehold and Leasehold REIT's overall GF Score™ is 65/100 with 6 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 MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII), the current Return-on-Tangible-Asset is 6.23% as of Mar. 2026. 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 MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) Overvalued in 2026?
Based on GuruFocus' analysis, MFC Industrial Investment Freehold and Leasehold REIT stock appears to be overvalued.
The current stock price of ฿6.40 is trading 3.1% above its estimated GF Value™ of ฿6.21.
GuruFocus considers MFC Industrial Investment Freehold and Leasehold REIT to be Fairly Valued.
Key valuation signals for BKK:MII:
Return-on-Tangible-Asset: 6.23% (near median its 10-year median of 6.51)
GF Value™: ฿6.21 vs. price of ฿6.40 (3.1% above fair value)
Industry Position: 90.5% above the REITs median (#205 of 933)
No single metric tells the full story. See the BKK:MII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MFC Industrial Investment Freehold and Leasehold REIT Business Description
MFC Industrial Investment Freehold and Leasehold REIT is a close-ended property fund with no maturity date. Its objective of supporting the conversion from a Fund and to raise funds to invest in real estate or accept the transfer of leasehold rights to real estate, sub-leasehold rights to real estate, including movable properties and equipment related to operations and to generate benefits from real estate. The Trust has operated under one geographical activity for segment information which is the rental of properties in Thailand.
65GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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