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.
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.
Essential Properties Realty TrustEPRT +0.03%88 Return-on-Tangible-Asset is 4.06% as of Jun. 2026, which is 23% above its 10-year median of 3.31. GuruFocus rates EPRT with a GF Score™ of 88/100 and a GF Value™ of $34.17 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 924 REITs companies, Essential Properties Realty Trust ranks better than 56.49% on this metric.
The historical rank and industry rank for Essential Properties Realty Trust's Return-on-Tangible-Asset or its related term are showing as below:
EPRT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.89 Med: 3.31 Max: 4.35
Current: 3.89
During the past 10 years, Essential Properties Realty Trust's highest Return-on-Tangible-Asset was 4.35%. The lowest was 0.89%. And the median was 3.31%.
EPRT's Return-on-Tangible-Asset is ranked better than 56.49% of 924
companies
in the REITs industry
Industry Median: 3.31
vs EPRT: 3.89
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.
Essential Properties Realty Trust Return-on-Tangible-Asset Related Terms
Essential Properties Realty Trust 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.
EPRT vs MAC, KRG, PECO: Return-on-Tangible-Asset Comparison
For the REIT - Retail subindustry, Essential Properties Realty Trust'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.
Essential Properties Realty Trust Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Essential Properties Realty Trust's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Essential Properties Realty Trust'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.06% mean?
Essential Properties Realty Trust (EPRT) has a Return-on-Tangible-Asset of 4.06% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Essential Properties Realty Trust and its competitors. This is 23% above median its historical median of 3.31. Over the past decade, Essential Properties Realty Trust's Return-on-Tangible-Asset has ranged from 0.89 to 4.35. According to the industry distribution chart, Essential Properties Realty Trust ranks #402 out of 924 companies in the REITs industry, placing it in the top 43.5%.
Is Essential Properties Realty Trust's Return-on-Tangible-Asset too high?
Essential Properties Realty Trust's current Return-on-Tangible-Asset of 4.06% is 23% above median its 10-year median of 3.31. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 4.35. The REITs industry median Return-on-Tangible-Asset is 3.31. Essential Properties Realty Trust's value of 4.06% is 22.7% above this industry median. Based on the distribution chart, Essential Properties Realty Trust ranks #402 out of 924 companies in the REITs industry, which is above the industry midpoint. Overall, Essential Properties Realty Trust has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Essential Properties Realty Trust's Return-on-Tangible-Asset compare to MAC and KRG?
According to the REITs industry distribution chart, Essential Properties Realty Trust ranks #402 out of 924 companies for Return-on-Tangible-Asset. This puts Essential Properties Realty Trust in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.31. Essential Properties Realty Trust's value of 4.06% is 22.7% above this benchmark. Historically, Essential Properties Realty Trust's own Return-on-Tangible-Asset has ranged from 0.89 to 4.35 over the past decade. While the company's 10-year median is 3.31 vs. the industry median of 3.31, Essential Properties Realty Trust 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 3.31, based on 924 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. Essential Properties Realty Trust's current Return-on-Tangible-Asset of 4.06% is 22.7% 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 Essential Properties Realty Trust and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Essential Properties Realty Trust's current Return-on-Tangible-Asset is 4.06%, which is 23% above median its own 10-year median of 3.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essential Properties Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Essential Properties Realty Trust (EPRT) is currently considered Modestly Undervalued. The stock's GF Value™ is $34.17, compared to a current price of $30.37 — trading 11.1% below its estimated fair value. The current Return-on-Tangible-Asset is 4.06%, which is 23% above median its 10-year median of 3.31 and 22.7% above the REITs industry median of 3.31. Essential Properties Realty Trust's overall GF Score™ is 88/100 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 Essential Properties Realty Trust (EPRT), the current Return-on-Tangible-Asset is 4.06% as of Jun. 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 Essential Properties Realty Trust (EPRT) Overvalued in 2026?
Based on GuruFocus' analysis, Essential Properties Realty Trust stock appears to be undervalued.
The current stock price of $30.37 is trading 11.1% below its estimated GF Value™ of $34.17.
GuruFocus considers Essential Properties Realty Trust to be Modestly Undervalued.
Key valuation signals for EPRT:
Return-on-Tangible-Asset: 4.06% (23% above median its 10-year median of 3.31)
GF Value™: $34.17 vs. price of $30.37 (11.1% below fair value)
Industry Position: 22.7% above the REITs median (#402 of 924)
No single metric tells the full story. See the EPRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Essential Properties Realty Trust Inc is a real estate investment trust. It is an internally managed real estate company acquires, owns and manages single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses. The Company generally invests in and leases freestanding, single-tenant commercial real estate facilities where a tenant services its customers and conducts activities that are essential to the generation of the tenant's sales and profits.
88GF Score
Get the complete analysis for EPRT
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
EPRT has been successfully added to your 
