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AttacqJSE:ATT 54 Return-on-Tangible-Asset is 5.08% as of Dec. 2025, which is 53% above its 10-year median of 3.32. GuruFocus rates JSE:ATT with a GF Score™ of 54/100 and a GF Value™ of R7.07 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 939 REITs companies, Attacq ranks better than 71.57% 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. Attacq's annualizedNet Income for the quarter that ended in Dec. 2025 was R1,262 Mil. Attacq's average total tangible assets for the quarter that ended in Dec. 2025 was R24,859 Mil. Therefore, Attacq's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 5.08%.
The historical rank and industry rank for Attacq's Return-on-Tangible-Asset or its related term are showing as below:
JSE:ATT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14.67 Med: 3.32 Max: 10.16
Current: 5.84
During the past 13 years, Attacq's highest Return-on-Tangible-Asset was 10.16%. The lowest was -14.67%. And the median was 3.32%.
JSE:ATT's Return-on-Tangible-Asset is ranked better than 71.57% of 939
companies
in the REITs industry
Industry Median: 3.27
vs JSE:ATT: 5.84
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.
Attacq Return-on-Tangible-Asset Related Terms
Attacq Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Attacq'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.
JSE:ATT vs VICI, WPC: Return-on-Tangible-Asset Comparison
For the REIT - Diversified subindustry, Attacq'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.
Attacq Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Attacq's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Attacq'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 5.08% mean?
Attacq (JSE:ATT) has a Return-on-Tangible-Asset of 5.08% 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 Attacq and its competitors. This is 53% above median its historical median of 3.32. According to the industry distribution chart, Attacq ranks #267 out of 939 companies in the REITs industry, placing it in the top 28.4%.
Is Attacq's Return-on-Tangible-Asset too high?
Attacq's current Return-on-Tangible-Asset of 5.08% is 53% above median its 10-year median of 3.32. The REITs industry median Return-on-Tangible-Asset is 3.27. Attacq's value of 5.08% is 55.4% above this industry median. Based on the distribution chart, Attacq ranks #267 out of 939 companies in the REITs industry, which is above the industry midpoint. Overall, Attacq has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Attacq's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Attacq ranks #267 out of 939 companies for Return-on-Tangible-Asset. This puts Attacq in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.27. Attacq's value of 5.08% is 55.4% above this benchmark. While the company's 10-year median is 3.32 vs. the industry median of 3.27, Attacq 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 3.27, 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. Attacq's current Return-on-Tangible-Asset of 5.08% is 55.4% 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 Attacq 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. Attacq's current Return-on-Tangible-Asset is 5.08%, which is 53% above median its own 10-year median of 3.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Attacq stock overvalued right now?
Based on GuruFocus' analysis, Attacq (JSE:ATT) is currently considered Significantly Overvalued. The stock's GF Value™ is R7.07, compared to a current price of R17.55 — trading 148.2% above its estimated fair value. The current Return-on-Tangible-Asset is 5.08%, which is 53% above median its 10-year median of 3.32 and 55.4% above the REITs industry median of 3.27. Attacq's overall GF Score™ is 54/100 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 Attacq (JSE:ATT), the current Return-on-Tangible-Asset is 5.08% 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 Attacq (JSE:ATT) Overvalued in 2026?
Based on GuruFocus' analysis, Attacq stock appears to be overvalued.
The current stock price of R17.55 is trading 148.2% above its estimated GF Value™ of R7.07.
GuruFocus considers Attacq to be Significantly Overvalued.
Key valuation signals for JSE:ATT:
Return-on-Tangible-Asset: 5.08% (53% above median its 10-year median of 3.32)
GF Value™: R7.07 vs. price of R17.55 (148.2% above fair value)
Industry Position: 55.4% above the REITs median (#267 of 939)
No single metric tells the full story. See the JSE:ATT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Attacq Ltd is a South Africa-based REIT company. It is principally engaged in property development and property investment. The company operates through four segments: Rest of South Africa, Waterfall City, Head office South Africa, and Other. The Rest of SA and Waterfall City segments comprise of retail-experience hubs, collaboration hubs, logistics hubs, and hotel segments that generate rental income from the underlying properties. Its Other segment comprises the results of its remaining investment in the Rest of African retail investments. It generates the majority of its total revenue from rental income.
54GF Score
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