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The historical rank and industry rank for China Merchants Commercial REIT's Return-on-Tangible-Asset or its related term are showing as below:
FRA:5C3'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.06 Med: 2.03 Max: 16.65
Current: -1
During the past 10 years, China Merchants Commercial REIT's highest Return-on-Tangible-Asset was 16.65%. The lowest was -2.06%. And the median was 2.03%.
FRA:5C3's Return-on-Tangible-Asset is ranked worse than 84.13% of 926
companies
in the REITs industry
Industry Median: 3.28
vs FRA:5C3: -1.00
China Merchants Commercial REIT (FRA:5C3) 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.
China Merchants Commercial REIT Return-on-Tangible-Asset Related Terms
China Merchants Commercial 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.
China Merchants Commercial REIT Return-on-Tangible-Asset Chart
FRA:5C3 vs BXP, ARE, VNO: Return-on-Tangible-Asset Comparison
For the REIT - Office subindustry, China Merchants Commercial 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.
China Merchants Commercial REIT Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, China Merchants Commercial REIT's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where China Merchants Commercial REIT'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 -1.03% mean?
China Merchants Commercial REIT (FRA:5C3) has a Return-on-Tangible-Asset of -1.03% 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 China Merchants Commercial REIT and its competitors. According to the industry distribution chart, China Merchants Commercial REIT ranks #779 out of 926 companies in the REITs industry, placing it in the top 84.1%.
Is China Merchants Commercial REIT's Return-on-Tangible-Asset too high?
China Merchants Commercial REIT's current Return-on-Tangible-Asset is -1.03%. Based on the distribution chart, China Merchants Commercial REIT ranks #779 out of 926 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, China Merchants Commercial REIT has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does China Merchants Commercial REIT's Return-on-Tangible-Asset compare to BXP and ARE?
According to the REITs industry distribution chart, China Merchants Commercial REIT ranks #779 out of 926 companies for Return-on-Tangible-Asset. This places China Merchants Commercial REIT in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.28. 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 3.28, based on 926 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 China Merchants Commercial REIT and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Merchants Commercial REIT's current Return-on-Tangible-Asset is -1.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Commercial REIT stock overvalued right now?
China Merchants Commercial REIT (FRA:5C3) has a current Return-on-Tangible-Asset of -1.03%. The stock's GF Value™ is €0.11, compared to a current price of €0.10 — trading 5.5% below its estimated fair value. The current Return-on-Tangible-Asset is -1.03%. China Merchants Commercial REIT's overall GF Score™ is 72/100 with 7 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 China Merchants Commercial REIT (FRA:5C3), the current Return-on-Tangible-Asset is -1.03% 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 China Merchants Commercial REIT (FRA:5C3) Overvalued in 2026?
Based on GuruFocus' analysis, China Merchants Commercial REIT stock appears to be undervalued.
The current stock price of €0.10 is trading 5.5% below its estimated GF Value™ of €0.11.
Key valuation signals for FRA:5C3:
Return-on-Tangible-Asset: -1.03%
GF Value™: €0.11 vs. price of €0.10 (5.5% below fair value)
No single metric tells the full story. See the FRA:5C3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Merchants Commercial REIT and its subsidiaries are engaged in the property investment. The operating business segments of the company are office buildings and shopping center. Its properties include New Times Plaza, Cyberport Building, Technology Building, Garden City Shopping Centre ,Onward Science And Trade Center and Technology Building 2 among others.
72GF Score
Get the complete analysis for FRA:5C3
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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