RYGYF (Reysas Gayrimenkul Yatirim Ortakligi AS) Return-on-Tangible-Asset: 2.24% (As of Mar. 2026) — 88% Below 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.

RYGYF Reysas Gayrimenkul Yatirim Ortakligi AS RYGYF
47 GF Score
Price $0.72
GF Value $0.40
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Reysas Gayrimenkul Yatirim Ortakligi AS Return-on-Tangible-Asset?

Reysas Gayrimenkul Yatirim Ortakligi AS RYGYF 47 Return-on-Tangible-Asset is 2.24% as of Mar. 2026, which is 88% below its 10-year median of 19.31. GuruFocus rates RYGYF with a GF Score™ of 47/100 and a GF Value™ of $0.40 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 939 REITs companies, Reysas Gayrimenkul Yatirim Ortakligi AS ranks better than 96.91% 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. Reysas Gayrimenkul Yatirim Ortakligi AS's annualized Net Income for the quarter that ended in Mar. 2026 was $55.80 Mil. Reysas Gayrimenkul Yatirim Ortakligi AS's average total tangible assets for the quarter that ended in Mar. 2026 was $2,492.15 Mil. Therefore, Reysas Gayrimenkul Yatirim Ortakligi AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.24%.

The historical rank and industry rank for Reysas Gayrimenkul Yatirim Ortakligi AS's Return-on-Tangible-Asset or its related term are showing as below:

RYGYF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.18   Med: 19.31   Max: 76.99
Current: 19.65

During the past 13 years, Reysas Gayrimenkul Yatirim Ortakligi AS's highest Return-on-Tangible-Asset was 76.99%. The lowest was 6.18%. And the median was 19.31%.

RYGYF's Return-on-Tangible-Asset is ranked better than
96.91% of 939 companies
in the REITs industry
Industry Median: 3.24 vs RYGYF: 19.65

Reysas Gayrimenkul Yatirim Ortakligi AS  (OTCPK:RYGYF) 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.


Reysas Gayrimenkul Yatirim Ortakligi AS Return-on-Tangible-Asset Related Terms


Reysas Gayrimenkul Yatirim Ortakligi AS Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Reysas Gayrimenkul Yatirim Ortakligi AS'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.

Reysas Gayrimenkul Yatirim Ortakligi AS Return-on-Tangible-Asset Chart

Reysas Gayrimenkul Yatirim Ortakligi AS 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 26.22 70.08 33.85 15.80 25.99

Reysas Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 56.02 2.06 1.91 68.70 2.24

RYGYF vs PLD, PSA, EXR: Return-on-Tangible-Asset Comparison

For the REIT - Industrial subindustry, Reysas Gayrimenkul Yatirim Ortakligi AS'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.


Reysas Gayrimenkul Yatirim Ortakligi AS Return-on-Tangible-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Reysas Gayrimenkul Yatirim Ortakligi AS's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Reysas Gayrimenkul Yatirim Ortakligi AS's Return-on-Tangible-Asset falls into.


RYGYF
47GF Score
Reysas Gayrimenkul Yatirim Ortakligi AS RYGYF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reysas Gayrimenkul Yatirim Ortakligi AS Return-on-Tangible-Asset Calculation

Reysas Gayrimenkul Yatirim Ortakligi AS'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 )
=616.549/( (2341.422+2402.493)/ 2 )
=616.549/2371.9575
=25.99 %

Reysas Gayrimenkul Yatirim Ortakligi AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=55.8/( (2402.493+2581.797)/ 2 )
=55.8/2492.145
=2.24 %

* 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 2.24% mean?
Reysas Gayrimenkul Yatirim Ortakligi AS (RYGYF) has a Return-on-Tangible-Asset of 2.24% 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 Reysas Gayrimenkul Yatirim Ortakligi AS and its competitors. This is 88% below median its historical median of 19.31. Over the past decade, Reysas Gayrimenkul Yatirim Ortakligi AS's Return-on-Tangible-Asset has ranged from 6.18 to 76.99. According to the industry distribution chart, Reysas Gayrimenkul Yatirim Ortakligi AS ranks #29 out of 939 companies in the REITs industry, placing it in the top 3.1%.
Is Reysas Gayrimenkul Yatirim Ortakligi AS's Return-on-Tangible-Asset too high?
Reysas Gayrimenkul Yatirim Ortakligi AS's current Return-on-Tangible-Asset of 2.24% is 88% below median its 10-year median of 19.31. Over the past 10 years, this metric has ranged from a low of 6.18 to a high of 76.99. The REITs industry median Return-on-Tangible-Asset is 3.24. Reysas Gayrimenkul Yatirim Ortakligi AS's value of 2.24% is 30.9% below this industry median. Based on the distribution chart, Reysas Gayrimenkul Yatirim Ortakligi AS ranks #29 out of 939 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Reysas Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reysas Gayrimenkul Yatirim Ortakligi AS's Return-on-Tangible-Asset compare to PLD and PSA?
According to the REITs industry distribution chart, Reysas Gayrimenkul Yatirim Ortakligi AS ranks #29 out of 939 companies for Return-on-Tangible-Asset. This places Reysas Gayrimenkul Yatirim Ortakligi AS in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.24. Reysas Gayrimenkul Yatirim Ortakligi AS's value of 2.24% is 30.9% below this benchmark. Historically, Reysas Gayrimenkul Yatirim Ortakligi AS's own Return-on-Tangible-Asset has ranged from 6.18 to 76.99 over the past decade. While the company's 10-year median is 19.31 vs. the industry median of 3.24, Reysas Gayrimenkul Yatirim Ortakligi AS has consistently been below 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 3.24, 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. Reysas Gayrimenkul Yatirim Ortakligi AS's current Return-on-Tangible-Asset of 2.24% is 30.9% below 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 Reysas Gayrimenkul Yatirim Ortakligi AS 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. Reysas Gayrimenkul Yatirim Ortakligi AS's current Return-on-Tangible-Asset is 2.24%, which is 88% below median its own 10-year median of 19.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reysas Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Reysas Gayrimenkul Yatirim Ortakligi AS (RYGYF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.40, compared to a current price of $0.72 — trading 80.2% above its estimated fair value. The current Return-on-Tangible-Asset is 2.24%, which is 88% below median its 10-year median of 19.31 and 30.9% below the REITs industry median of 3.24. Reysas Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 47/100 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 Reysas Gayrimenkul Yatirim Ortakligi AS (RYGYF), the current Return-on-Tangible-Asset is 2.24% 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 Reysas Gayrimenkul Yatirim Ortakligi AS (RYGYF) Overvalued in 2026?

Based on GuruFocus' analysis, Reysas Gayrimenkul Yatirim Ortakligi AS stock appears to be overvalued. The current stock price of $0.72 is trading 80.2% above its estimated GF Value™ of $0.40. GuruFocus considers Reysas Gayrimenkul Yatirim Ortakligi AS to be Significantly Overvalued.

Key valuation signals for RYGYF:

  • Return-on-Tangible-Asset: 2.24% (88% below median its 10-year median of 19.31)
  • GF Value™: $0.40 vs. price of $0.72 (80.2% above fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 30.9% below the REITs median (#29 of 939)

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


Reysas Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Other Exchanges RYGYO:Turkey
Address Kucuk Camlica, Erkan Ocakli No.11, Istanbul, TUR, 34696
Reysas Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust founded for investing and developing real estates in Turkey. It invests in real estates, capital market instruments based on real estates, real estate projects and rights based on real estates. The main focus of the company is the warehousing market. The company rents its warehouses for long terms in order to create continuous and stabile income from its portfolio.
47GF Score

Get the complete analysis for RYGYF

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

$0.72
Price
$0.40
GF Value