The historical rank and industry rank for Mapletree Pan Asia Commercial Trust's Return-on-Tangible-Asset or its related term are showing as below:
MPCMF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.76 Med: 3.81 Max: 8.63
Current: 1.65
During the past 13 years, Mapletree Pan Asia Commercial Trust's highest Return-on-Tangible-Asset was 8.63%. The lowest was 0.76%. And the median was 3.81%.
MPCMF's Return-on-Tangible-Asset is ranked worse than 65.64% of 940
companies
in the REITs industry
Industry Median: 3.235
vs MPCMF: 1.65
Mapletree Pan Asia Commercial Trust (OTCPK:MPCMF) 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.
Mapletree Pan Asia Commercial Trust Return-on-Tangible-Asset Related Terms
Mapletree Pan Asia Commercial Trust 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.
Mapletree Pan Asia Commercial Trust Return-on-Tangible-Asset Chart
MPCMF vs BXP, ARE, VNO: Return-on-Tangible-Asset Comparison
For the REIT - Office subindustry, Mapletree Pan Asia Commercial Trust'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.
Mapletree Pan Asia Commercial Trust Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Mapletree Pan Asia Commercial Trust's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mapletree Pan Asia Commercial Trust'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 -0.69% mean?
Mapletree Pan Asia Commercial Trust (MPCMF) has a Return-on-Tangible-Asset of -0.69% 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 Mapletree Pan Asia Commercial Trust and its competitors. Over the past decade, Mapletree Pan Asia Commercial Trust's Return-on-Tangible-Asset has ranged from 0.76 to 8.63. According to the industry distribution chart, Mapletree Pan Asia Commercial Trust ranks #617 out of 940 companies in the REITs industry, placing it in the top 65.6%.
Is Mapletree Pan Asia Commercial Trust's Return-on-Tangible-Asset too high?
Mapletree Pan Asia Commercial Trust's current Return-on-Tangible-Asset is -0.69%. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 8.63. Based on the distribution chart, Mapletree Pan Asia Commercial Trust ranks #617 out of 940 companies in the REITs industry, which is below the industry midpoint. Overall, Mapletree Pan Asia Commercial Trust has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mapletree Pan Asia Commercial Trust's Return-on-Tangible-Asset compare to BXP and ARE?
According to the REITs industry distribution chart, Mapletree Pan Asia Commercial Trust ranks #617 out of 940 companies for Return-on-Tangible-Asset. This places Mapletree Pan Asia Commercial Trust in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.24. Historically, Mapletree Pan Asia Commercial Trust's own Return-on-Tangible-Asset has ranged from 0.76 to 8.63 over the past decade. 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. 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 Mapletree Pan Asia Commercial Trust 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. Mapletree Pan Asia Commercial Trust's current Return-on-Tangible-Asset is -0.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mapletree Pan Asia Commercial Trust stock overvalued right now?
Based on GuruFocus' analysis, Mapletree Pan Asia Commercial Trust (MPCMF) is currently considered Fairly Valued. The stock's GF Value™ is $0.96, compared to a current price of $1.00 — trading 4% above its estimated fair value. The current Return-on-Tangible-Asset is -0.69%. Mapletree Pan Asia Commercial Trust's overall GF Score™ is 53/100 with 7 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 Mapletree Pan Asia Commercial Trust (MPCMF), the current Return-on-Tangible-Asset is -0.69% 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 Mapletree Pan Asia Commercial Trust (MPCMF) Overvalued in 2026?
Based on GuruFocus' analysis, Mapletree Pan Asia Commercial Trust stock appears to be overvalued.
The current stock price of $1.00 is trading 4% above its estimated GF Value™ of $0.96.
GuruFocus considers Mapletree Pan Asia Commercial Trust to be Fairly Valued.
Key valuation signals for MPCMF:
Return-on-Tangible-Asset: -0.69%
GF Value™: $0.96 vs. price of $1.00 (4% above fair value)
No single metric tells the full story. See the MPCMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mapletree Pan Asia Commercial Trust Business Description
Mapletree Pan Asia Commercial Trust was established in July 2022 as a result of the merger between Mapletree Commercial Trust and Mapletree North Asia Commercial Trust. The trust has a diversified portfolio of 15 properties, which includes business parks, offices and retail malls across Singapore, Hong Kong, China, Japan, and South Korea. The trust is externally managed by MPACT Management, a subsidiary of its sponsor, which owns around a 57% stake in the trust.
53GF Score
Get the complete analysis for MPCMF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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