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Hyprop InvestmentsJSE:HYP -1.06%63 Return-on-Tangible-Asset is 11.64% as of Dec. 2025, which is 186% above its 10-year median of 4.07. GuruFocus rates JSE:HYP with a GF Score™ of 63/100 and a GF Value™ of R25.94 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 924 REITs companies, Hyprop Investments ranks better than 82.25% 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. Hyprop Investments's annualizedNet Income for the quarter that ended in Dec. 2025 was R4,894 Mil. Hyprop Investments's average total tangible assets for the quarter that ended in Dec. 2025 was R42,046 Mil. Therefore, Hyprop Investments's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 11.64%.
The historical rank and industry rank for Hyprop Investments's Return-on-Tangible-Asset or its related term are showing as below:
JSE:HYP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.87 Med: 4.07 Max: 8.78
Current: 8.65
During the past 13 years, Hyprop Investments's highest Return-on-Tangible-Asset was 8.78%. The lowest was -10.87%. And the median was 4.07%.
JSE:HYP's Return-on-Tangible-Asset is ranked better than 82.25% of 924
companies
in the REITs industry
Industry Median: 3.305
vs JSE:HYP: 8.65
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.
Hyprop Investments Return-on-Tangible-Asset Related Terms
Hyprop Investments Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hyprop Investments'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:HYP vs SPG, O, KIM: Return-on-Tangible-Asset Comparison
For the REIT - Retail subindustry, Hyprop Investments'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.
Hyprop Investments Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Hyprop Investments's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hyprop Investments'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 11.64% mean?
Hyprop Investments (JSE:HYP) has a Return-on-Tangible-Asset of 11.64% 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 Hyprop Investments and its competitors. This is 186% above median its historical median of 4.07. According to the industry distribution chart, Hyprop Investments ranks #164 out of 924 companies in the REITs industry, placing it in the top 17.7%.
Is Hyprop Investments' Return-on-Tangible-Asset too high?
Hyprop Investments' current Return-on-Tangible-Asset of 11.64% is 186% above median its 10-year median of 4.07. The REITs industry median Return-on-Tangible-Asset is 3.31. Hyprop Investments' value of 11.64% is 252.2% above this industry median. Based on the distribution chart, Hyprop Investments ranks #164 out of 924 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hyprop Investments has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hyprop Investments' Return-on-Tangible-Asset compare to SPG and O?
According to the REITs industry distribution chart, Hyprop Investments ranks #164 out of 924 companies for Return-on-Tangible-Asset. This places Hyprop Investments in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.31. Hyprop Investments' value of 11.64% is 252.2% above this benchmark. While the company's 10-year median is 4.07 vs. the industry median of 3.31, Hyprop Investments 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 3.31, based on 924 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. Hyprop Investments's current Return-on-Tangible-Asset of 11.64% is 252.2% 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 Hyprop Investments and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hyprop Investments's current Return-on-Tangible-Asset is 11.64%, which is 186% above median its own 10-year median of 4.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hyprop Investments stock overvalued right now?
Based on GuruFocus' analysis, Hyprop Investments (JSE:HYP) is currently considered Significantly Overvalued. The stock's GF Value™ is R25.94, compared to a current price of R57.70 — trading 122.4% above its estimated fair value. The current Return-on-Tangible-Asset is 11.64%, which is 186% above median its 10-year median of 4.07 and 252.2% above the REITs industry median of 3.31. Hyprop Investments' overall GF Score™ is 63/100 with 10 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 Hyprop Investments (JSE:HYP), the current Return-on-Tangible-Asset is 11.64% 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 Hyprop Investments (JSE:HYP) Overvalued in 2026?
Based on GuruFocus' analysis, Hyprop Investments stock appears to be overvalued.
The current stock price of R57.70 is trading 122.4% above its estimated GF Value™ of R25.94.
GuruFocus considers Hyprop Investments to be Significantly Overvalued.
Key valuation signals for JSE:HYP:
Return-on-Tangible-Asset: 11.64% (186% above median its 10-year median of 4.07)
GF Value™: R25.94 vs. price of R57.70 (122.4% above fair value)
Industry Position: 252.2% above the REITs median (#164 of 924)
No single metric tells the full story. See the JSE:HYP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hyprop Investments Ltd is a retail-focused real estate investment trust. It owns and manages a portfolio of retail centres in mixed-use precincts, located in prime economic nodes in South Africa and Eastern Europe. It focuses on creating spaces and connecting people. The company's business segments include: South Africa, Eastern Europe, and Sub-Saharan Africa. The company generates the majority of its revenue in the form of lease revenue, prominently from the South Africa segment.
63GF Score
Get the complete analysis for JSE:HYP
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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