LEG Immobilien SECHIX:LEGD 67 Return-on-Tangible-Asset is 1.50% as of Mar. 2026, which is 80% below its 10-year median of 7.32. GuruFocus rates CHIX:LEGD with a GF Score™ of 67/100 and a GF Value™ of €73.78 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,800 Real Estate companies, LEG Immobilien SE ranks better than 84.17% 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. LEG Immobilien SE's annualizedNet Income for the quarter that ended in Mar. 2026 was €313 Mil. LEG Immobilien SE's average total tangible assets for the quarter that ended in Mar. 2026 was €20,915 Mil. Therefore, LEG Immobilien SE's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.50%.
The historical rank and industry rank for LEG Immobilien SE's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:LEGd'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.72 Med: 7.32 Max: 9.74
Current: 6.26
During the past 13 years, LEG Immobilien SE's highest Return-on-Tangible-Asset was 9.74%. The lowest was -7.72%. And the median was 7.32%.
CHIX:LEGd's Return-on-Tangible-Asset is ranked better than 84.17% of 1800
companies
in the Real Estate industry
Industry Median: 1.745
vs CHIX:LEGd: 6.26
LEG Immobilien SE (CHIX:LEGd) 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.
LEG Immobilien SE Return-on-Tangible-Asset Related Terms
LEG Immobilien SE Return-on-Tangible-Asset Historical Data
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The historical data trend for LEG Immobilien SE'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:LEGD vs CBRE, BEKE, JLL: Return-on-Tangible-Asset Comparison
For the Real Estate Services subindustry, LEG Immobilien SE'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.
LEG Immobilien SE Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, LEG Immobilien SE's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where LEG Immobilien SE'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.50% mean?
LEG Immobilien SE (CHIX:LEGD) has a Return-on-Tangible-Asset of 1.50% 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 LEG Immobilien SE and its competitors. This is 80% below median its historical median of 7.32. According to the industry distribution chart, LEG Immobilien SE ranks #285 out of 1800 companies in the Real Estate industry, placing it in the top 15.8%.
Is LEG Immobilien SE's Return-on-Tangible-Asset too high?
LEG Immobilien SE's current Return-on-Tangible-Asset of 1.50% is 80% below median its 10-year median of 7.32. The Real Estate industry median Return-on-Tangible-Asset is 1.75. LEG Immobilien SE's value of 1.50% is 14% below this industry median. Based on the distribution chart, LEG Immobilien SE ranks #285 out of 1800 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, LEG Immobilien SE has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does LEG Immobilien SE's Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, LEG Immobilien SE ranks #285 out of 1800 companies for Return-on-Tangible-Asset. This places LEG Immobilien SE in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.75. LEG Immobilien SE's value of 1.50% is 14% below this benchmark. While the company's 10-year median is 7.32 vs. the industry median of 1.75, LEG Immobilien SE has consistently been below 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.75, based on 1,800 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. LEG Immobilien SE's current Return-on-Tangible-Asset of 1.50% is 14% below 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 LEG Immobilien SE 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. LEG Immobilien SE's current Return-on-Tangible-Asset is 1.50%, which is 80% below median its own 10-year median of 7.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LEG Immobilien SE stock overvalued right now?
Based on GuruFocus' analysis, LEG Immobilien SE (CHIX:LEGD) is currently considered Possible Value Trap. The stock's GF Value™ is €73.78, compared to a current price of €51.05 — trading 30.8% below its estimated fair value. The current Return-on-Tangible-Asset is 1.50%, which is 80% below median its 10-year median of 7.32 and 14% below the Real Estate industry median of 1.75. LEG Immobilien SE's overall GF Score™ is 67/100 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 LEG Immobilien SE (CHIX:LEGD), the current Return-on-Tangible-Asset is 1.50% 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 LEG Immobilien SE (CHIX:LEGD) Overvalued in 2026?
Based on GuruFocus' analysis, LEG Immobilien SE stock appears to be undervalued.
The current stock price of €51.05 is trading 30.8% below its estimated GF Value™ of €73.78.
GuruFocus considers LEG Immobilien SE to be Possible Value Trap.
Key valuation signals for CHIX:LEGD:
Return-on-Tangible-Asset: 1.50% (80% below median its 10-year median of 7.32)
GF Value™: €73.78 vs. price of €51.05 (30.8% below fair value)
Industry Position: 14% below the Real Estate median (#285 of 1800)
No single metric tells the full story. See the CHIX:LEGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LEG Immobilien SE is a property company that manages its own residential portfolio. The company's property portfolio includes residential units, commercial units and garages and parking spaces. It divides the portfolio into three overarching clusters: high-growth, stable, and higher yielding markets. The company holds properties in North Rhine-Westphalia, Bremen, Schleswig-Holstein, Hesse, and Rhineland-Palatinate.
67GF Score
Get the complete analysis for CHIX:LEGD
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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