Altarea SCACHIX:ALTAP 66 Return-on-Tangible-Asset is -0.03% as of Dec. 2025. GuruFocus rates CHIX:ALTAP with a GF Score™ of 66/100 and a GF Value™ of €79.29 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 936 REITs companies, Altarea SCA ranks worse than 78.63% on this metric.
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. Altarea SCA's annualizedNet Income for the quarter that ended in Dec. 2025 was €-2 Mil. Altarea SCA's average total tangible assets for the quarter that ended in Dec. 2025 was €7,547 Mil. Therefore, Altarea SCA's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -0.03%.
The historical rank and industry rank for Altarea SCA's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:ALTAp'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.66 Med: 2.52 Max: 4.26
Current: 0.11
During the past 13 years, Altarea SCA's highest Return-on-Tangible-Asset was 4.26%. The lowest was -5.66%. And the median was 2.52%.
CHIX:ALTAp's Return-on-Tangible-Asset is ranked worse than 78.63% of 936
companies
in the REITs industry
Industry Median: 3.25
vs CHIX:ALTAp: 0.11
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.
Altarea SCA Return-on-Tangible-Asset Related Terms
Altarea SCA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Altarea SCA'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.
CHIX:ALTAP vs AVB, EQR, ESS: Return-on-Tangible-Asset Comparison
For the REIT - Residential subindustry, Altarea SCA'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.
Altarea SCA Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Altarea SCA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Altarea SCA'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 -0.03% mean?
Altarea SCA (CHIX:ALTAP) has a Return-on-Tangible-Asset of -0.03% 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 Altarea SCA and its competitors. According to the industry distribution chart, Altarea SCA ranks #736 out of 936 companies in the REITs industry, placing it in the top 78.6%.
Is Altarea SCA's Return-on-Tangible-Asset too high?
Altarea SCA's current Return-on-Tangible-Asset is -0.03%. Based on the distribution chart, Altarea SCA ranks #736 out of 936 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Altarea SCA has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altarea SCA's Return-on-Tangible-Asset compare to AVB and EQR?
According to the REITs industry distribution chart, Altarea SCA ranks #736 out of 936 companies for Return-on-Tangible-Asset. This places Altarea SCA in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.25. 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 3.25, based on 936 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. 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 Altarea SCA and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altarea SCA's current Return-on-Tangible-Asset is -0.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altarea SCA stock overvalued right now?
Based on GuruFocus' analysis, Altarea SCA (CHIX:ALTAP) is currently considered Modestly Overvalued. The stock's GF Value™ is €79.29, compared to a current price of €96.10 — trading 21.2% above its estimated fair value. The current Return-on-Tangible-Asset is -0.03%. Altarea SCA's overall GF Score™ is 66/100 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 Altarea SCA (CHIX:ALTAP), the current Return-on-Tangible-Asset is -0.03% 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 Altarea SCA (CHIX:ALTAP) Overvalued in 2026?
Based on GuruFocus' analysis, Altarea SCA stock appears to be overvalued.
The current stock price of €96.10 is trading 21.2% above its estimated GF Value™ of €79.29.
GuruFocus considers Altarea SCA to be Modestly Overvalued.
Key valuation signals for CHIX:ALTAP:
Return-on-Tangible-Asset: -0.03%
GF Value™: €79.29 vs. price of €96.10 (21.2% above fair value)
No single metric tells the full story. See the CHIX:ALTAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altarea SCA is a real estate investment trust predominantly engaged in the acquisition, development, and management of properties throughout Western and Southern Europe. The company's real estate portfolio is composed of residential, retail, office, and mixed-use spaces. Altarea derives the majority of its revenue from rental income related to the leasing of its real estate assets. Its operating segments are; Retail; Residential; Business property; New businesses; and Others. Maximum rental income is generated from the Retail segment which consists of shopping centers under management or development. Geographically, it generates maximum revenue from France and the rest from Italy, Spain, and other regions.
66GF Score
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