Alexander & Baldwin (FRA:ABU) Return-on-Tangible-Asset: 0.92% (As of Dec. 2025) — 12% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

FRA:ABU Alexander & Baldwin Inc FRA:ABU
71 GF Score
Price €17.80
GF Value €13.88
! 10 Warning Signs
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What is Alexander & Baldwin Return-on-Tangible-Asset?

Alexander & Baldwin FRA:ABU 71 Return-on-Tangible-Asset is 0.92% as of Dec. 2025, which is 12% below its 10-year median of 1.04. GuruFocus rates FRA:ABU with a GF Score™ of 71/100 and a GF Value™ of €13.88. The stock has 10 warning signs investors should review.

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. Alexander & Baldwin's annualized Net Income for the quarter that ended in Dec. 2025 was €12.9 Mil. Alexander & Baldwin's average total tangible assets for the quarter that ended in Dec. 2025 was €1,396.2 Mil. Therefore, Alexander & Baldwin's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 0.92%.

The historical rank and industry rank for Alexander & Baldwin's Return-on-Tangible-Asset or its related term are showing as below:

FRA:ABU' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.44   Med: 1.04   Max: 11.19
Current: 3.95

During the past 13 years, Alexander & Baldwin's highest Return-on-Tangible-Asset was 11.19%. The lowest was -3.44%. And the median was 1.04%.

FRA:ABU's Return-on-Tangible-Asset is not ranked
in the REITs industry.
Industry Median: 3.27 vs FRA:ABU: 3.95

Alexander & Baldwin  (FRA:ABU) 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.


Alexander & Baldwin Return-on-Tangible-Asset Related Terms


Alexander & Baldwin Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Alexander & Baldwin'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.

Alexander & Baldwin Return-on-Tangible-Asset Chart

Alexander & Baldwin Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 -2.94 1.76 3.82 3.75

Alexander & Baldwin Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 3.13 5.16 5.94 3.46 0.92

FRA:ABU vs ALX, CBL, GTY: Return-on-Tangible-Asset Comparison

For the REIT - Retail subindustry, Alexander & Baldwin'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.


Alexander & Baldwin Return-on-Tangible-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Alexander & Baldwin's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Alexander & Baldwin's Return-on-Tangible-Asset falls into.


FRA:ABU
71GF Score
Alexander & Baldwin Inc FRA:ABU
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alexander & Baldwin Return-on-Tangible-Asset Calculation

Alexander & Baldwin's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=55.232/( (1557.154+1387.856)/ 2 )
=55.232/1472.505
=3.75 %

Alexander & Baldwin's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=12.9/( (1404.514+1387.856)/ 2 )
=12.9/1396.185
=0.92 %

* 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 (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of 0.92% mean?
Alexander & Baldwin (FRA:ABU) has a Return-on-Tangible-Asset of 0.92% 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 Alexander & Baldwin and its competitors. This is 12% below median its historical median of 1.04.
Is Alexander & Baldwin's Return-on-Tangible-Asset too high?
Alexander & Baldwin's current Return-on-Tangible-Asset of 0.92% is 12% below median its 10-year median of 1.04. The REITs industry median Return-on-Tangible-Asset is 3.27. Alexander & Baldwin's value of 0.92% is 71.9% below this industry median. Overall, Alexander & Baldwin has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Alexander & Baldwin's Return-on-Tangible-Asset compare to ALX and CBL?
Alexander & Baldwin's Return-on-Tangible-Asset of 0.92% can be compared against companies in the REITs industry. The industry median Return-on-Tangible-Asset is 3.27. Alexander & Baldwin's value of 0.92% is 71.9% below this benchmark. While the company's 10-year median is 1.04 vs. the industry median of 3.27, Alexander & Baldwin 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 REITs company?
The median Return-on-Tangible-Asset among REITs companies is 3.27, based on 932 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. Alexander & Baldwin's current Return-on-Tangible-Asset of 0.92% is 71.9% 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 Alexander & Baldwin and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alexander & Baldwin's current Return-on-Tangible-Asset is 0.92%, which is 12% below median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexander & Baldwin stock overvalued right now?
Alexander & Baldwin (FRA:ABU) has a current Return-on-Tangible-Asset of 0.92%. The stock's GF Value™ is €13.88, compared to a current price of €17.80 — trading 28.2% above its estimated fair value. The current Return-on-Tangible-Asset is 0.92%, which is 12% below median its 10-year median of 1.04 and 71.9% below the REITs industry median of 3.27. Alexander & Baldwin's overall GF Score™ is 71/100 with 10 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 Alexander & Baldwin (FRA:ABU), the current Return-on-Tangible-Asset is 0.92% 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 Alexander & Baldwin (FRA:ABU) Overvalued in 2026?

Based on GuruFocus' analysis, Alexander & Baldwin stock appears to be overvalued. The current stock price of €17.80 is trading 28.2% above its estimated GF Value™ of €13.88.

Key valuation signals for FRA:ABU:

  • Return-on-Tangible-Asset: 0.92% (12% below median its 10-year median of 1.04)
  • GF Value™: €13.88 vs. price of €17.80 (28.2% above fair value)
  • GF Score™: 71/100 with 10 warning signs
  • Industry Position: 71.9% below the REITs median

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


Alexander & Baldwin Business Description

Industry Real EstateREITs
Address 822 Bishop Street, Post Office Box 3440, Honolulu, HI, USA, 96801
Alexander & Baldwin Inc is a Hawaii commercial real estate company. The group owns, operates, and manages a million square feet of retail, industrial, and office space in Hawaii. It is a real estate investment trust (REIT) and the owner of grocery and drug-anchored retail centers in the state. It functions through two segments, namely Commercial Real Estate and Land Operations. The Commercial Real Estate segment owns and manages retail, industrial spaces, and also urban ground leases in Hawaii, thereby accounting for a majority of the company's revenue. The Land Operations segment actively manages the company's land and real estate-related assets and makes optimum utilization of these assets. Geographically, the activities are carried out across the United States.
71GF Score

Get the complete analysis for FRA:ABU

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

€17.80
Price
€13.88
GF Value