ENBD REIT (CEIC) (DIFX:ENBDREIT) Return-on-Tangible-Asset: 7.13% (As of Mar. 2026) — 406% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DIFX:ENBDREIT ENBD REIT (CEIC) PLC DIFX:ENBDREIT
48 GF Score
Price $0.50
GF Value $0.47
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is ENBD REIT (CEIC) Return-on-Tangible-Asset?

ENBD REIT (CEIC) DIFX:ENBDREIT 48 Return-on-Tangible-Asset is 7.13% as of Mar. 2026, which is 406% above its 10-year median of 1.41. GuruFocus rates DIFX:ENBDREIT with a GF Score™ of 48/100 and a GF Value™ of $0.47 (Fairly Valued). The stock has 2 warning signs investors should review. Among 916 REITs companies, ENBD REIT (CEIC) ranks better than 85.48% 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. ENBD REIT (CEIC)'s annualized Net Income for the quarter that ended in Mar. 2026 was $33.10 Mil. ENBD REIT (CEIC)'s average total tangible assets for the quarter that ended in Mar. 2026 was $463.97 Mil. Therefore, ENBD REIT (CEIC)'s annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.13%.

The historical rank and industry rank for ENBD REIT (CEIC)'s Return-on-Tangible-Asset or its related term are showing as below:

DIFX:ENBDREIT' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.32   Med: 1.41   Max: 10.07
Current: 10.02

During the past 13 years, ENBD REIT (CEIC)'s highest Return-on-Tangible-Asset was 10.07%. The lowest was -9.32%. And the median was 1.41%.

DIFX:ENBDREIT's Return-on-Tangible-Asset is ranked better than
85.48% of 916 companies
in the REITs industry
Industry Median: 3.315 vs DIFX:ENBDREIT: 10.02

ENBD REIT (CEIC)  (DIFX:ENBDREIT) 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 company’s 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 company’s 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.


ENBD REIT (CEIC) Return-on-Tangible-Asset Related Terms


ENBD REIT (CEIC) Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for ENBD REIT (CEIC)'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.

ENBD REIT (CEIC) Return-on-Tangible-Asset Chart

ENBD REIT (CEIC) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.32 5.31 5.01 7.85 10.07

ENBD REIT (CEIC) Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.60 6.03 9.85 12.97 7.13

DIFX:ENBDREIT vs VMRK, EQR, ESS: Return-on-Tangible-Asset Comparison

For the REIT - Residential subindustry, ENBD REIT (CEIC)'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.


ENBD REIT (CEIC) Return-on-Tangible-Asset vs REITs Industry

For the REITs industry and Real Estate sector, ENBD REIT (CEIC)'s Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where ENBD REIT (CEIC)'s Return-on-Tangible-Asset falls into.


DIFX:ENBDREIT
48GF Score
ENBD REIT (CEIC) PLC DIFX:ENBDREIT
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ENBD REIT (CEIC) Return-on-Tangible-Asset Calculation

ENBD REIT (CEIC)'s annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=45.55/( (435.623+469.238)/ 2 )
=45.55/452.4305
=10.07 %

ENBD REIT (CEIC)'s annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=33.096/( (458.702+469.238)/ 2 )
=33.096/463.97
=7.13 %

* 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 (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 7.13% mean?
ENBD REIT (CEIC) (DIFX:ENBDREIT) has a Return-on-Tangible-Asset of 7.13% 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 ENBD REIT (CEIC) and its competitors. This is 406% above median its historical median of 1.41. According to the industry distribution chart, ENBD REIT (CEIC) ranks #133 out of 916 companies in the REITs industry, placing it in the top 14.5%.
Is ENBD REIT (CEIC)'s Return-on-Tangible-Asset too high?
ENBD REIT (CEIC)'s current Return-on-Tangible-Asset of 7.13% is 406% above median its 10-year median of 1.41. The REITs industry median Return-on-Tangible-Asset is 3.32. ENBD REIT (CEIC)'s value of 7.13% is 115.1% above this industry median. Based on the distribution chart, ENBD REIT (CEIC) ranks #133 out of 916 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, ENBD REIT (CEIC) has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ENBD REIT (CEIC)'s Return-on-Tangible-Asset compare to VMRK and EQR?
According to the REITs industry distribution chart, ENBD REIT (CEIC) ranks #133 out of 916 companies for Return-on-Tangible-Asset. This places ENBD REIT (CEIC) in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.32. ENBD REIT (CEIC)'s value of 7.13% is 115.1% above this benchmark. While the company's 10-year median is 1.41 vs. the industry median of 3.32, ENBD REIT (CEIC) 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 3.32, based on 916 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. ENBD REIT (CEIC)'s current Return-on-Tangible-Asset of 7.13% is 115.1% 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 ENBD REIT (CEIC) and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ENBD REIT (CEIC)'s current Return-on-Tangible-Asset is 7.13%, which is 406% above median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENBD REIT (CEIC) stock overvalued right now?
Based on GuruFocus' analysis, ENBD REIT (CEIC) (DIFX:ENBDREIT) is currently considered Fairly Valued. The stock's GF Value™ is $0.47, compared to a current price of $0.50 — trading 6.2% above its estimated fair value. The current Return-on-Tangible-Asset is 7.13%, which is 406% above median its 10-year median of 1.41 and 115.1% above the REITs industry median of 3.32. ENBD REIT (CEIC)'s overall GF Score™ is 48/100 with 2 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 ENBD REIT (CEIC) (DIFX:ENBDREIT), the current Return-on-Tangible-Asset is 7.13% 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 ENBD REIT (CEIC) (DIFX:ENBDREIT) Overvalued in 2026?

Based on GuruFocus' analysis, ENBD REIT (CEIC) stock appears to be overvalued. The current stock price of $0.50 is trading 6.2% above its estimated GF Value™ of $0.47. GuruFocus considers ENBD REIT (CEIC) to be Fairly Valued.

Key valuation signals for DIFX:ENBDREIT:

  • Return-on-Tangible-Asset: 7.13% (406% above median its 10-year median of 1.41)
  • GF Value™: $0.47 vs. price of $0.50 (6.2% above fair value)
  • GF Score™: 48/100 with 2 warning signs
  • Industry Position: 115.1% above the REITs median (#133 of 916)

No single metric tells the full story. See the DIFX:ENBDREIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ENBD REIT (CEIC) Business Description

Industry Real EstateREITs
Address 8th Floor, East Wing, The Gate Building, P.O. Box 506578, Dubai International Financial Centre, Dubai, ARE
ENBD REIT (CEIC) PLC is a Real Estate Investment Trust. Its investment objective is to generate regular rental income and long-term capital growth from a diversified portfolio of commercial, residential, and alternative properties. The firm's portfolio includes Arabian Oryx House, Remraam Residential, Binghatti Terraces, and others. The company has only one operating segment in the UAE.
48GF Score

Get the complete analysis for DIFX:ENBDREIT

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.50
Price
$0.47
GF Value