LTC PropertiesHAM:LTP -0.88%87 Return-on-Tangible-Asset is 4.58% as of Mar. 2026, which is 25% below its 10-year median of 6.13. GuruFocus rates HAM:LTP with a GF Score™ of 87/100 and a GF Value™ of €42.64 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 940 REITs companies, LTC Properties ranks better than 73.83% 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. LTC Properties's annualizedNet Income for the quarter that ended in Mar. 2026 was €81.6 Mil. LTC Properties's average total tangible assets for the quarter that ended in Mar. 2026 was €1,784.2 Mil. Therefore, LTC Properties's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.58%.
The historical rank and industry rank for LTC Properties's Return-on-Tangible-Asset or its related term are showing as below:
HAM:LTP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.77 Med: 6.13 Max: 10.4
Current: 6.19
During the past 13 years, LTC Properties's highest Return-on-Tangible-Asset was 10.40%. The lowest was 3.77%. And the median was 6.13%.
HAM:LTP's Return-on-Tangible-Asset is ranked better than 73.83% of 940
companies
in the REITs industry
Industry Median: 3.235
vs HAM:LTP: 6.19
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.
LTC Properties Return-on-Tangible-Asset Related Terms
LTC Properties Return-on-Tangible-Asset Historical Data
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The historical data trend for LTC Properties'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.
HAM:LTP vs SILA, DHC, MPT: Return-on-Tangible-Asset Comparison
For the REIT - Healthcare Facilities subindustry, LTC Properties'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.
LTC Properties Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, LTC Properties's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where LTC Properties'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.58% mean?
LTC Properties (HAM:LTP) has a Return-on-Tangible-Asset of 4.58% 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 LTC Properties and its competitors. This is 25% below median its historical median of 6.13. Over the past decade, LTC Properties' Return-on-Tangible-Asset has ranged from 3.77 to 10.40. According to the industry distribution chart, LTC Properties ranks #246 out of 940 companies in the REITs industry, placing it in the top 26.2%.
Is LTC Properties' Return-on-Tangible-Asset too high?
LTC Properties' current Return-on-Tangible-Asset of 4.58% is 25% below median its 10-year median of 6.13. Over the past 10 years, this metric has ranged from a low of 3.77 to a high of 10.40. The REITs industry median Return-on-Tangible-Asset is 3.24. LTC Properties' value of 4.58% is 41.6% above this industry median. Based on the distribution chart, LTC Properties ranks #246 out of 940 companies in the REITs industry, which is above the industry midpoint. Overall, LTC Properties has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LTC Properties' Return-on-Tangible-Asset compare to SILA and DHC?
According to the REITs industry distribution chart, LTC Properties ranks #246 out of 940 companies for Return-on-Tangible-Asset. This puts LTC Properties in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.24. LTC Properties' value of 4.58% is 41.6% above this benchmark. Historically, LTC Properties' own Return-on-Tangible-Asset has ranged from 3.77 to 10.40 over the past decade. While the company's 10-year median is 6.13 vs. the industry median of 3.24, LTC Properties 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 940 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. LTC Properties's current Return-on-Tangible-Asset of 4.58% is 41.6% 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 LTC Properties 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. LTC Properties's current Return-on-Tangible-Asset is 4.58%, which is 25% below median its own 10-year median of 6.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LTC Properties stock overvalued right now?
Based on GuruFocus' analysis, LTC Properties (HAM:LTP) is currently considered Modestly Undervalued. The stock's GF Value™ is €42.64, compared to a current price of €33.96 — trading 20.4% below its estimated fair value. The current Return-on-Tangible-Asset is 4.58%, which is 25% below median its 10-year median of 6.13 and 41.6% above the REITs industry median of 3.24. LTC Properties' overall GF Score™ is 87/100 with 6 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 LTC Properties (HAM:LTP), the current Return-on-Tangible-Asset is 4.58% 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 LTC Properties (HAM:LTP) Overvalued in 2026?
Based on GuruFocus' analysis, LTC Properties stock appears to be undervalued.
The current stock price of €33.96 is trading 20.4% below its estimated GF Value™ of €42.64.
GuruFocus considers LTC Properties to be Modestly Undervalued.
Key valuation signals for HAM:LTP:
Return-on-Tangible-Asset: 4.58% (25% below median its 10-year median of 6.13)
GF Value™: €42.64 vs. price of €33.96 (20.4% below fair value)
Industry Position: 41.6% above the REITs median (#246 of 940)
No single metric tells the full story. See the HAM:LTP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LTC Properties Inc is a real estate investment trust. It invests in seniors housing and health care properties, mainly through ownership, sale-leasebacks, mortgage financing, joint ventures, construction financing, and structured finance solutions, including preferred equity, bridge, and mezzanine lending. The company's investment portfolio comprises several properties located throughout the USA, the majority of which are seniors housing and skilled nursing properties. The firm conducts and manages its business as two operating segments: Real Estate Investments, which generates maximum revenue, and SHOP.
87GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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