FRLOF (Frasers Logisticsmmercial Trust) Return-on-Tangible-Asset: 2.42% (As of Mar. 2026) — 62% Below Median


FRLOF Frasers Logistics & Commercial Trust FRLOF
48 GF Score
Price $0.79
GF Value $0.80
Valuation Fairly Valued
! 9 Warning Signs
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What is Frasers Logisticsmmercial Trust Return-on-Tangible-Asset?

Frasers Logisticsmmercial Trust FRLOF 48 Return-on-Tangible-Asset is 2.42% as of Mar. 2026, which is 62% below its 10-year median of 6.35. GuruFocus rates FRLOF with a GF Score™ of 48/100 and a GF Value™ of $0.80 (Fairly Valued). The stock has 9 warning signs investors should review. Among 938 REITs companies, Frasers Logisticsmmercial Trust ranks worse than 55.54% 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. Frasers Logisticsmmercial Trust's annualized Net Income for the quarter that ended in Mar. 2026 was $137.9 Mil. Frasers Logisticsmmercial Trust's average total tangible assets for the quarter that ended in Mar. 2026 was $5,703.5 Mil. Therefore, Frasers Logisticsmmercial Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.42%.

The historical rank and industry rank for Frasers Logisticsmmercial Trust's Return-on-Tangible-Asset or its related term are showing as below:

FRLOF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.44   Med: 6.35   Max: 10.14
Current: 2.93

During the past 13 years, Frasers Logisticsmmercial Trust's highest Return-on-Tangible-Asset was 10.14%. The lowest was -1.44%. And the median was 6.35%.

FRLOF's Return-on-Tangible-Asset is ranked worse than
55.54% of 938 companies
in the REITs industry
Industry Median: 3.265 vs FRLOF: 2.93

Frasers Logisticsmmercial Trust  (OTCPK:FRLOF) 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.


Frasers Logisticsmmercial Trust Return-on-Tangible-Asset Related Terms


Frasers Logisticsmmercial Trust Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Frasers Logisticsmmercial Trust'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.

Frasers Logisticsmmercial Trust Return-on-Tangible-Asset Chart

Frasers Logisticsmmercial Trust Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.21 9.42 -1.46 2.15 2.84

Frasers Logisticsmmercial Trust 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 2.67 1.53 2.21 3.51 2.42

FRLOF vs PLD, PSA, EXR: Return-on-Tangible-Asset Comparison

For the REIT - Industrial subindustry, Frasers Logisticsmmercial 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.


Frasers Logisticsmmercial Trust Return-on-Tangible-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Frasers Logisticsmmercial Trust's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Frasers Logisticsmmercial Trust's Return-on-Tangible-Asset falls into.


FRLOF
48GF Score
Frasers Logistics & Commercial Trust FRLOF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frasers Logisticsmmercial Trust Return-on-Tangible-Asset Calculation

Frasers Logisticsmmercial Trust's annualized Return-on-Tangible-Asset for the fiscal year that ended in Sep. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=159.627/( (5508.13+5713.675)/ 2 )
=159.627/5610.9025
=2.84 %

Frasers Logisticsmmercial Trust'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 )
=137.866/( (5713.675+5693.366)/ 2 )
=137.866/5703.5205
=2.42 %

* 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 2.42% mean?
Frasers Logisticsmmercial Trust (FRLOF) has a Return-on-Tangible-Asset of 2.42% 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 Frasers Logisticsmmercial Trust and its competitors. This is 62% below median its historical median of 6.35. According to the industry distribution chart, Frasers Logisticsmmercial Trust ranks #521 out of 938 companies in the REITs industry, placing it in the top 55.5%.
Is Frasers Logisticsmmercial Trust's Return-on-Tangible-Asset too high?
Frasers Logisticsmmercial Trust's current Return-on-Tangible-Asset of 2.42% is 62% below median its 10-year median of 6.35. The REITs industry median Return-on-Tangible-Asset is 3.27. Frasers Logisticsmmercial Trust's value of 2.42% is 25.9% below this industry median. Based on the distribution chart, Frasers Logisticsmmercial Trust ranks #521 out of 938 companies in the REITs industry, which is below the industry midpoint. Overall, Frasers Logisticsmmercial Trust has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Frasers Logisticsmmercial Trust's Return-on-Tangible-Asset compare to PLD and PSA?
According to the REITs industry distribution chart, Frasers Logisticsmmercial Trust ranks #521 out of 938 companies for Return-on-Tangible-Asset. This places Frasers Logisticsmmercial Trust in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.27. Frasers Logisticsmmercial Trust's value of 2.42% is 25.9% below this benchmark. While the company's 10-year median is 6.35 vs. the industry median of 3.27, Frasers Logisticsmmercial Trust 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 938 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. Frasers Logisticsmmercial Trust's current Return-on-Tangible-Asset of 2.42% is 25.9% 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 Frasers Logisticsmmercial Trust 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. Frasers Logisticsmmercial Trust's current Return-on-Tangible-Asset is 2.42%, which is 62% below median its own 10-year median of 6.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Logisticsmmercial Trust stock overvalued right now?
Based on GuruFocus' analysis, Frasers Logisticsmmercial Trust (FRLOF) is currently considered Fairly Valued. The stock's GF Value™ is $0.80, compared to a current price of $0.79 — trading 1.4% below its estimated fair value. The current Return-on-Tangible-Asset is 2.42%, which is 62% below median its 10-year median of 6.35 and 25.9% below the REITs industry median of 3.27. Frasers Logisticsmmercial Trust's overall GF Score™ is 48/100 with 9 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 Frasers Logisticsmmercial Trust (FRLOF), the current Return-on-Tangible-Asset is 2.42% 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 Frasers Logisticsmmercial Trust (FRLOF) Overvalued in 2026?

Based on GuruFocus' analysis, Frasers Logisticsmmercial Trust stock appears to be undervalued. The current stock price of $0.79 is trading 1.4% below its estimated GF Value™ of $0.80. GuruFocus considers Frasers Logisticsmmercial Trust to be Fairly Valued.

Key valuation signals for FRLOF:

  • Return-on-Tangible-Asset: 2.42% (62% below median its 10-year median of 6.35)
  • GF Value™: $0.80 vs. price of $0.79 (1.4% below fair value)
  • GF Score™: 48/100 with 9 warning signs
  • Industry Position: 25.9% below the REITs median (#521 of 938)

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


Frasers Logisticsmmercial Trust Business Description

Industry Real EstateREITs
Other Exchanges BUOU:Singapore4ZS:Germany
Address 438 Alexandra Road, No. 21-00 Alexandra Point, Singapore, SGP, 119958
Frasers Logistics & Commercial Trust was established following the merger between Frasers Logistics and Industrial Trust and Frasers Commercial Trust in April 2020. As of Mar. 31, 2026, the trust has a diversified portfolio of 113 logistics, industrial and commercial properties valued at around SGD 7.0 billion across Singapore, Australia, Germany, the Netherlands, and the United Kingdom. The trust is externally managed by Frasers Logistics & Commercial Asset Management, a subsidiary of Frasers Property, which owns around 23% of the trust.
48GF Score

Get the complete analysis for FRLOF

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

$0.79
Price
$0.80
GF Value