The Property Franchise Group (LSE:TPFG) Return-on-Tangible-Asset: 64.09% (As of Dec. 2025) — 10% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LSE:TPFG The Property Franchise Group PLC LSE:TPFG
97 GF Score
Price £4.40
GF Value £5.64
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is The Property Franchise Group Return-on-Tangible-Asset?

The Property Franchise Group LSE:TPFG -3.30% 97 Return-on-Tangible-Asset is 64.09% as of Dec. 2025, which is 10% above its 10-year median of 58.37. GuruFocus rates LSE:TPFG with a GF Score™ of 97/100 and a GF Value™ of £5.64 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,800 Real Estate companies, The Property Franchise Group ranks better than 99.89% 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. The Property Franchise Group's annualized Net Income for the quarter that ended in Dec. 2025 was £19.35 Mil. The Property Franchise Group's average total tangible assets for the quarter that ended in Dec. 2025 was £30.19 Mil. Therefore, The Property Franchise Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 64.09%.

The historical rank and industry rank for The Property Franchise Group's Return-on-Tangible-Asset or its related term are showing as below:

LSE:TPFG' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 29.32   Med: 58.37   Max: 97.78
Current: 67.91

During the past 13 years, The Property Franchise Group's highest Return-on-Tangible-Asset was 97.78%. The lowest was 29.32%. And the median was 58.37%.

LSE:TPFG's Return-on-Tangible-Asset is ranked better than
99.89% of 1800 companies
in the Real Estate industry
Industry Median: 1.76 vs LSE:TPFG: 67.91

The Property Franchise Group  (LSE:TPFG) 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.


The Property Franchise Group Return-on-Tangible-Asset Related Terms


The Property Franchise Group Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for The Property Franchise Group'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.

The Property Franchise Group Return-on-Tangible-Asset Chart

The Property Franchise Group 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 29.32 55.61 56.35 54.42 67.96

The Property Franchise Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 69.53 38.22 53.59 72.29 64.09

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

For the Real Estate Services subindustry, The Property Franchise Group'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.


The Property Franchise Group Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, The Property Franchise Group's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where The Property Franchise Group's Return-on-Tangible-Asset falls into.


LSE:TPFG
97GF Score
The Property Franchise Group PLC LSE:TPFG
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Property Franchise Group Return-on-Tangible-Asset Calculation

The Property Franchise Group'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 )
=19.048/( (23.767+32.29)/ 2 )
=19.048/28.0285
=67.96 %

The Property Franchise Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=19.35/( (28.094+32.29)/ 2 )
=19.35/30.192
=64.09 %

* 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 64.09% mean?
The Property Franchise Group (LSE:TPFG) has a Return-on-Tangible-Asset of 64.09% 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 The Property Franchise Group and its competitors. This is 10% above median its historical median of 58.37. Over the past decade, The Property Franchise Group's Return-on-Tangible-Asset has ranged from 29.32 to 97.78. According to the industry distribution chart, The Property Franchise Group ranks #2 out of 1800 companies in the Real Estate industry, placing it in the top 0.099999999999994%.
Is The Property Franchise Group's Return-on-Tangible-Asset too high?
The Property Franchise Group's current Return-on-Tangible-Asset of 64.09% is 10% above median its 10-year median of 58.37. Over the past 10 years, this metric has ranged from a low of 29.32 to a high of 97.78. The Real Estate industry median Return-on-Tangible-Asset is 1.76. The Property Franchise Group's value of 64.09% is 3541.5% above this industry median. Based on the distribution chart, The Property Franchise Group ranks #2 out of 1800 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, The Property Franchise Group has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Property Franchise Group's Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, The Property Franchise Group ranks #2 out of 1800 companies for Return-on-Tangible-Asset. This places The Property Franchise Group in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.76. The Property Franchise Group's value of 64.09% is 3541.5% above this benchmark. Historically, The Property Franchise Group's own Return-on-Tangible-Asset has ranged from 29.32 to 97.78 over the past decade. While the company's 10-year median is 58.37 vs. the industry median of 1.76, The Property Franchise Group 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.76, 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. The Property Franchise Group's current Return-on-Tangible-Asset of 64.09% is 3541.5% 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 The Property Franchise Group and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Property Franchise Group's current Return-on-Tangible-Asset is 64.09%, which is 10% above median its own 10-year median of 58.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Property Franchise Group stock overvalued right now?
Based on GuruFocus' analysis, The Property Franchise Group (LSE:TPFG) is currently considered Modestly Undervalued. The stock's GF Value™ is £5.64, compared to a current price of £4.40 — trading 22% below its estimated fair value. The current Return-on-Tangible-Asset is 64.09%, which is 10% above median its 10-year median of 58.37 and 3541.5% above the Real Estate industry median of 1.76. The Property Franchise Group's overall GF Score™ is 97/100 with 4 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 The Property Franchise Group (LSE:TPFG), the current Return-on-Tangible-Asset is 64.09% 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 The Property Franchise Group (LSE:TPFG) Overvalued in 2026?

Based on GuruFocus' analysis, The Property Franchise Group stock appears to be undervalued. The current stock price of £4.40 is trading 22% below its estimated GF Value™ of £5.64. GuruFocus considers The Property Franchise Group to be Modestly Undervalued.

Key valuation signals for LSE:TPFG:

  • Return-on-Tangible-Asset: 64.09% (10% above median its 10-year median of 58.37)
  • GF Value™: £5.64 vs. price of £4.40 (22% below fair value)
  • GF Score™: 97/100 with 4 warning signs
  • Industry Position: 3541.5% above the Real Estate median (#2 of 1800)

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


The Property Franchise Group Business Description

Address St Stephen\'s Road, 2 St Stephen\'s Court, Bournemouth, Dorset, GBR, BH2 6LA
The Property Franchise Group PLC is a UK-based company engaged in the residential property franchising business. The principal activity of the group is the sale of franchises and the support of franchisees in supplying residential letting, sales, and property management services within the UK. Its brands include CJ Hole, Ellis & Co, Ewemove, Martin & Co, Parkers, Whitegates, and others. The company derives revenue from management service fees and the rest from franchise sales and other sources. The company operates in three segments, which include: Franchising, Financial Services, and Licensing. The majority of its revenue is generated from the Franchising segment.
97GF Score

Get the complete analysis for LSE:TPFG

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

£4.40
Price
£5.64
GF Value