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Deutsche Real Estate AGFRA:DRE2 57 Return-on-Tangible-Asset is 8.10% as of Dec. 2025, which is 53% above its 10-year median of 5.30. GuruFocus rates FRA:DRE2 with a GF Score™ of 57/100 and a GF Value™ of €7.86 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,800 Real Estate companies, Deutsche Real Estate AG ranks better than 78.56% 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. Deutsche Real Estate AG's annualizedNet Income for the quarter that ended in Dec. 2025 was €42.37 Mil. Deutsche Real Estate AG's average total tangible assets for the quarter that ended in Dec. 2025 was €522.84 Mil. Therefore, Deutsche Real Estate AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 8.10%.
The historical rank and industry rank for Deutsche Real Estate AG's Return-on-Tangible-Asset or its related term are showing as below:
FRA:DRE2'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.29 Med: 5.3 Max: 38.1
Current: 5.11
During the past 13 years, Deutsche Real Estate AG's highest Return-on-Tangible-Asset was 38.10%. The lowest was -8.29%. And the median was 5.30%.
FRA:DRE2's Return-on-Tangible-Asset is ranked better than 78.56% of 1800
companies
in the Real Estate industry
Industry Median: 1.755
vs FRA:DRE2: 5.11
Deutsche Real Estate AG (FRA:DRE2) 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.
Deutsche Real Estate AG Return-on-Tangible-Asset Related Terms
Deutsche Real Estate AG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Deutsche Real Estate AG'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.
Deutsche Real Estate AG Return-on-Tangible-Asset Chart
FRA:DRE2 vs CBRE, BEKE, JLL: Return-on-Tangible-Asset Comparison
For the Real Estate Services subindustry, Deutsche Real Estate AG'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.
Deutsche Real Estate AG Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Deutsche Real Estate AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Deutsche Real Estate AG'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 8.10% mean?
Deutsche Real Estate AG (FRA:DRE2) has a Return-on-Tangible-Asset of 8.10% 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 Deutsche Real Estate AG and its competitors. This is 53% above median its historical median of 5.30. According to the industry distribution chart, Deutsche Real Estate AG ranks #386 out of 1800 companies in the Real Estate industry, placing it in the top 21.4%.
Is Deutsche Real Estate AG's Return-on-Tangible-Asset too high?
Deutsche Real Estate AG's current Return-on-Tangible-Asset of 8.10% is 53% above median its 10-year median of 5.30. The Real Estate industry median Return-on-Tangible-Asset is 1.76. Deutsche Real Estate AG's value of 8.10% is 361.5% above this industry median. Based on the distribution chart, Deutsche Real Estate AG ranks #386 out of 1800 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Deutsche Real Estate AG has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deutsche Real Estate AG's Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Deutsche Real Estate AG ranks #386 out of 1800 companies for Return-on-Tangible-Asset. This places Deutsche Real Estate AG in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.76. Deutsche Real Estate AG's value of 8.10% is 361.5% above this benchmark. While the company's 10-year median is 5.30 vs. the industry median of 1.76, Deutsche Real Estate AG 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.76, 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. Deutsche Real Estate AG's current Return-on-Tangible-Asset of 8.10% is 361.5% 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 Deutsche Real Estate AG and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deutsche Real Estate AG's current Return-on-Tangible-Asset is 8.10%, which is 53% above median its own 10-year median of 5.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Real Estate AG stock overvalued right now?
Based on GuruFocus' analysis, Deutsche Real Estate AG (FRA:DRE2) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.86, compared to a current price of €11.80 — trading 50.1% above its estimated fair value. The current Return-on-Tangible-Asset is 8.10%, which is 53% above median its 10-year median of 5.30 and 361.5% above the Real Estate industry median of 1.76. Deutsche Real Estate AG's overall GF Score™ is 57/100 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 Deutsche Real Estate AG (FRA:DRE2), the current Return-on-Tangible-Asset is 8.10% 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 Deutsche Real Estate AG (FRA:DRE2) Overvalued in 2026?
Based on GuruFocus' analysis, Deutsche Real Estate AG stock appears to be overvalued.
The current stock price of €11.80 is trading 50.1% above its estimated GF Value™ of €7.86.
GuruFocus considers Deutsche Real Estate AG to be Significantly Overvalued.
Key valuation signals for FRA:DRE2:
Return-on-Tangible-Asset: 8.10% (53% above median its 10-year median of 5.30)
GF Value™: €7.86 vs. price of €11.80 (50.1% above fair value)
Industry Position: 361.5% above the Real Estate median (#386 of 1800)
No single metric tells the full story. See the FRA:DRE2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Deutsche Real Estate AG is engaged in investing in building a portfolio with focus on office, logistics and retail properties in the growth regions of Germany.
57GF Score
Get the complete analysis for FRA:DRE2
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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