GBCEY (Globe Trade Centre) Return-on-Tangible-Asset: -0.70% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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GBCEY Globe Trade Centre SA GBCEY
55 GF Score
Price $1.23
GF Value $2.79
! 8 Warning Signs
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What is Globe Trade Centre Return-on-Tangible-Asset?

Globe Trade Centre GBCEY -63.82% 55 Return-on-Tangible-Asset is -0.70% as of Mar. 2026. GuruFocus rates GBCEY with a GF Score™ of 55/100 and a GF Value™ of $2.79. The stock has 8 warning signs investors should review. Among 1,804 Real Estate companies, Globe Trade Centre ranks worse than 86.53% 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. Globe Trade Centre's annualized Net Income for the quarter that ended in Mar. 2026 was $-25.4 Mil. Globe Trade Centre's average total tangible assets for the quarter that ended in Mar. 2026 was $3,635.3 Mil. Therefore, Globe Trade Centre's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.70%.

The historical rank and industry rank for Globe Trade Centre's Return-on-Tangible-Asset or its related term are showing as below:

GBCEY' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.25   Med: 1.61   Max: 9.19
Current: -5.25

During the past 13 years, Globe Trade Centre's highest Return-on-Tangible-Asset was 9.19%. The lowest was -5.25%. And the median was 1.61%.

GBCEY's Return-on-Tangible-Asset is ranked worse than
86.53% of 1804 companies
in the Real Estate industry
Industry Median: 1.77 vs GBCEY: -5.25

Globe Trade Centre  (OTCPK:GBCEY) 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.


Globe Trade Centre Return-on-Tangible-Asset Related Terms


Globe Trade Centre Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Globe Trade Centre'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.

Globe Trade Centre Return-on-Tangible-Asset Chart

Globe Trade Centre 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 1.51 0.82 0.40 1.70 -5.04

Globe Trade Centre Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.13 -0.25 -3.70 -15.55 -0.70

GBCEY vs CBRE, BEKE, JLL: Return-on-Tangible-Asset Comparison

For the Real Estate Services subindustry, Globe Trade Centre'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.


Globe Trade Centre Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Globe Trade Centre's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Globe Trade Centre's Return-on-Tangible-Asset falls into.


GBCEY
55GF Score
Globe Trade Centre SA GBCEY
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globe Trade Centre Return-on-Tangible-Asset Calculation

Globe Trade Centre'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 )
=-181.499/( (3375.497+3826.815)/ 2 )
=-181.499/3601.156
=-5.04 %

Globe Trade Centre'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: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-25.432/( (3826.815+3443.699)/ 2 )
=-25.432/3635.257
=-0.70 %

* 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 (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of -0.70% mean?
Globe Trade Centre (GBCEY) has a Return-on-Tangible-Asset of -0.70% 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 Globe Trade Centre and its competitors. According to the industry distribution chart, Globe Trade Centre ranks #1561 out of 1804 companies in the Real Estate industry, placing it in the top 86.5%.
Is Globe Trade Centre's Return-on-Tangible-Asset too high?
Globe Trade Centre's current Return-on-Tangible-Asset is -0.70%. Based on the distribution chart, Globe Trade Centre ranks #1561 out of 1804 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Globe Trade Centre has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Globe Trade Centre's Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Globe Trade Centre ranks #1561 out of 1804 companies for Return-on-Tangible-Asset. This places Globe Trade Centre in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.77. 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 1.77, based on 1,804 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 Globe Trade Centre and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Trade Centre's current Return-on-Tangible-Asset is -0.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Trade Centre stock overvalued right now?
Globe Trade Centre (GBCEY) has a current Return-on-Tangible-Asset of -0.70%. The stock's GF Value™ is $2.79, compared to a current price of $1.23 — trading 55.9% below its estimated fair value. The current Return-on-Tangible-Asset is -0.70%. Globe Trade Centre's overall GF Score™ is 55/100 with 8 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 Globe Trade Centre (GBCEY), the current Return-on-Tangible-Asset is -0.70% 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 Globe Trade Centre (GBCEY) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Trade Centre stock appears to be undervalued. The current stock price of $1.23 is trading 55.9% below its estimated GF Value™ of $2.79.

Key valuation signals for GBCEY:

  • Return-on-Tangible-Asset: -0.70%
  • GF Value™: $2.79 vs. price of $1.23 (55.9% below fair value)
  • GF Score™: 55/100 with 8 warning signs

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


Globe Trade Centre Business Description

Other Exchanges GTC:Poland
Address Komitetu Obrony Robotnikow 45A, Nothus Building, Warsaw, POL, 02-146
Globe Trade Centre SA is a real estate investor and developer that focuses its business in Poland and several capital cities in Eastern Europe. The group operates in Poland, Hungary, Germany, Bucharest, Belgrade, Sofia, Zagreb, and others. The group manages a real estate portfolio that includes commercial buildings in the form of offices and retail space. The commercial property portfolio is actively managed by the group. In terms of geographic location, the company generates key revenue from Poland, and the remaining is made up of other geographic areas.
55GF Score

Get the complete analysis for GBCEY

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

$1.23
Price
$2.79
GF Value