Frasers Centrepoint TrustFRZCF 76 Return-on-Tangible-Asset is 3.26% as of Mar. 2026, which is 14% below its 10-year median of 3.78. GuruFocus rates FRZCF with a GF Scoreâ„¢ of 76/100 and a GF Valueâ„¢ of $1.73. The stock has 7 warning signs investors should review. Among 939 REITs companies, Frasers Centrepoint Trust ranks worse than 51.22% 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 Centrepoint Trust's annualizedNet Income for the quarter that ended in Mar. 2026 was $194.4 Mil. Frasers Centrepoint Trust's average total tangible assets for the quarter that ended in Mar. 2026 was $5,960.1 Mil. Therefore, Frasers Centrepoint Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.26%.
The historical rank and industry rank for Frasers Centrepoint Trust's Return-on-Tangible-Asset or its related term are showing as below:
FRZCF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.86 Med: 3.78 Max: 7.26
Current: 3.15
During the past 13 years, Frasers Centrepoint Trust's highest Return-on-Tangible-Asset was 7.26%. The lowest was 2.86%. And the median was 3.78%.
FRZCF's Return-on-Tangible-Asset is ranked worse than 51.22% of 939
companies
in the REITs industry
Industry Median: 3.24
vs FRZCF: 3.15
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 companyÂ’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 companyÂ’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 Centrepoint Trust Return-on-Tangible-Asset Related Terms
Frasers Centrepoint Trust Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Frasers Centrepoint 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.
FRZCF vs SPG, O, KIM: Return-on-Tangible-Asset Comparison
For the REIT - Retail subindustry, Frasers Centrepoint 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 Centrepoint Trust Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Frasers Centrepoint Trust's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Frasers Centrepoint 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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.26% mean?
Frasers Centrepoint Trust (FRZCF) has a Return-on-Tangible-Asset of 3.26% 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 Centrepoint Trust and its competitors. This is 14% below median its historical median of 3.78. Over the past decade, Frasers Centrepoint Trust's Return-on-Tangible-Asset has ranged from 2.86 to 7.26. According to the industry distribution chart, Frasers Centrepoint Trust ranks #481 out of 939 companies in the REITs industry, placing it in the top 51.2%.
Is Frasers Centrepoint Trust's Return-on-Tangible-Asset too high?
Frasers Centrepoint Trust's current Return-on-Tangible-Asset of 3.26% is 14% below median its 10-year median of 3.78. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 7.26. The REITs industry median Return-on-Tangible-Asset is 3.24. Frasers Centrepoint Trust's value of 3.26% is 0.6% above this industry median. Based on the distribution chart, Frasers Centrepoint Trust ranks #481 out of 939 companies in the REITs industry, which is below the industry midpoint. Overall, Frasers Centrepoint Trust has a GF Scoreâ„¢ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Frasers Centrepoint Trust's Return-on-Tangible-Asset compare to SPG and O?
According to the REITs industry distribution chart, Frasers Centrepoint Trust ranks #481 out of 939 companies for Return-on-Tangible-Asset. This places Frasers Centrepoint Trust in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.24. Frasers Centrepoint Trust's value of 3.26% is 0.6% above this benchmark. Historically, Frasers Centrepoint Trust's own Return-on-Tangible-Asset has ranged from 2.86 to 7.26 over the past decade. While the company's 10-year median is 3.78 vs. the industry median of 3.24, Frasers Centrepoint 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 3.24, based on 939 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 Centrepoint Trust's current Return-on-Tangible-Asset of 3.26% is 0.6% 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 Frasers Centrepoint Trust and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frasers Centrepoint Trust's current Return-on-Tangible-Asset is 3.26%, which is 14% below median its own 10-year median of 3.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Centrepoint Trust stock overvalued right now?
Frasers Centrepoint Trust (FRZCF) has a current Return-on-Tangible-Asset of 3.26%. The stock's GF Value™ is $1.73, compared to a current price of $1.73 — trading right at its estimated fair value. The current Return-on-Tangible-Asset is 3.26%, which is 14% below median its 10-year median of 3.78 and 0.6% above the REITs industry median of 3.24. Frasers Centrepoint Trust's overall GF Score™ is 76/100 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 Frasers Centrepoint Trust (FRZCF), the current Return-on-Tangible-Asset is 3.26% 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 Centrepoint Trust (FRZCF) Overvalued in 2026?
Based on GuruFocus' analysis, Frasers Centrepoint Trust stock appears to be undervalued.
The current stock price of $1.73 is trading 0% below its estimated GF Value™ of $1.73.
Key valuation signals for FRZCF:
Return-on-Tangible-Asset: 3.26% (14% below median its 10-year median of 3.78)
GF Value™: $1.73 vs. price of $1.73 (0% below fair value)
Industry Position: 0.6% above the REITs median (#481 of 939)
No single metric tells the full story. See the FRZCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frasers Centrepoint Trust is a real estate investment trust listed on the Singapore Exchange that predominantly invests in suburban retail assets in Singapore. Its portfolio consists of nine retail malls (of which two are not wholly owned) and one office property with a total valuation of SGD 8.4 billion as at March 31, 2026. The trust is externally managed by Frasers Centrepoint Asset Management, a wholly owned subsidiary of Frasers Property, which has a 38% direct and indirect interest in FCT.
76GF Score
Get the complete analysis for FRZCF
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
FRZCF has been successfully added to your 
