Secure Property Development & InvestmentLSE:SPDI Return-on-Tangible-Asset is -39.29% as of Dec. 2025. The stock has 4 warning signs investors should review. Among 1,800 Real Estate companies, Secure Property Development & Investment ranks worse than 95.5% on this metric.
LSE:SPDI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -38.07 Med: -5.43 Max: 22.1
Current: -19.42
During the past 13 years, Secure Property Development & Investment's highest Return-on-Tangible-Asset was 22.10%. The lowest was -38.07%. And the median was -5.43%.
LSE:SPDI's Return-on-Tangible-Asset is ranked worse than 95.5% of 1800
companies
in the Real Estate industry
Industry Median: 1.77
vs LSE:SPDI: -19.42
Secure Property Development & Investment (LSE:SPDI) 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 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.
Secure Property Development & Investment Return-on-Tangible-Asset Related Terms
Secure Property Development & Investment Return-on-Tangible-Asset Historical Data
* 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.
Secure Property Development & Investment Return-on-Tangible-Asset Chart
Secure Property Development & Investment Annual Data
LSE:SPDI vs CBRE, BEKE, JLL: Return-on-Tangible-Asset Comparison
For the Real Estate Services subindustry, Secure Property Development & Investment'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.
Secure Property Development & Investment Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Secure Property Development & Investment's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Secure Property Development & Investment'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 -39.29% mean?
Secure Property Development & Investment (LSE:SPDI) has a Return-on-Tangible-Asset of -39.29% 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 Secure Property Development & Investment and its competitors. According to the industry distribution chart, Secure Property Development & Investment ranks #1719 out of 1800 companies in the Real Estate industry, placing it in the top 95.5%.
Is Secure Property Development & Investment's Return-on-Tangible-Asset too high?
Secure Property Development & Investment's current Return-on-Tangible-Asset is -39.29%. Based on the distribution chart, Secure Property Development & Investment ranks #1719 out of 1800 companies in the Real Estate industry, which is in the bottom quartile relative to peers.
How does Secure Property Development & Investment's Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Secure Property Development & Investment ranks #1719 out of 1800 companies for Return-on-Tangible-Asset. This places Secure Property Development & Investment 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 1,800 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 Secure Property Development & Investment 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. Secure Property Development & Investment's current Return-on-Tangible-Asset is -39.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Property Development & Investment stock overvalued right now?
Based on GuruFocus' analysis, Secure Property Development & Investment (LSE:SPDI) is currently considered Possible Value Trap. The stock's GF Value™ is £0.02, compared to a current price of £0.01 — trading 62.5% below its estimated fair value. The current Return-on-Tangible-Asset is -39.29%. 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 Secure Property Development & Investment (LSE:SPDI), the current Return-on-Tangible-Asset is -39.29% 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.
Secure Property Development & Investment Business Description
Secure Property Development & Investment PLC is engaged in the acquisition, development, and management of real estate properties and projects. The company's operating segments include Warehouse, Residential, Land Plots, and Corporate.
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