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First Avenue Real Estate Development CoSAU:9610 17 Return-on-Tangible-Asset is 6.09% as of Dec. 2025, which is 27% below its 10-year median of 8.38. GuruFocus rates SAU:9610 with a GF Score™ of 17/100. The stock has 5 warning signs investors should review. Among 1,797 Real Estate companies, First Avenue Real Estate Development Co ranks better than 89.87% on this metric.
SAU:9610'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.51 Med: 8.38 Max: 8.74
Current: 8.74
During the past 3 years, First Avenue Real Estate Development Co's highest Return-on-Tangible-Asset was 8.74%. The lowest was 5.51%. And the median was 8.38%.
SAU:9610's Return-on-Tangible-Asset is ranked better than 89.87% of 1797
companies
in the Real Estate industry
Industry Median: 1.86
vs SAU:9610: 8.74
First Avenue Real Estate Development Co (SAU:9610) 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.
First Avenue Real Estate Development Co Return-on-Tangible-Asset Related Terms
First Avenue Real Estate Development Co 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.
First Avenue Real Estate Development Co Return-on-Tangible-Asset Chart
First Avenue Real Estate Development Co Annual Data
Trend
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
8.38
5.51
8.49
First Avenue Real Estate Development Co Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Return-on-Tangible-Asset
0.00
12.40
3.42
10.98
6.09
First Avenue Real Estate Development Co Return-on-Tangible-Asset Competitor Comparison
For the Real Estate - Development subindustry, First Avenue Real Estate Development Co'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.
First Avenue Real Estate Development Co Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, First Avenue Real Estate Development Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where First Avenue Real Estate Development Co'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 6.09% mean?
First Avenue Real Estate Development Co (SAU:9610) has a Return-on-Tangible-Asset of 6.09% 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 First Avenue Real Estate Development Co and its competitors. This is 27% below median its historical median of 8.38. Over the past decade, First Avenue Real Estate Development Co's Return-on-Tangible-Asset has ranged from 5.51 to 8.74. According to the industry distribution chart, First Avenue Real Estate Development Co ranks #182 out of 1797 companies in the Real Estate industry, placing it in the top 10.1%.
Is First Avenue Real Estate Development Co's Return-on-Tangible-Asset too high?
First Avenue Real Estate Development Co's current Return-on-Tangible-Asset of 6.09% is 27% below median its 10-year median of 8.38. Over the past 10 years, this metric has ranged from a low of 5.51 to a high of 8.74. The Real Estate industry median Return-on-Tangible-Asset is 1.86. First Avenue Real Estate Development Co's value of 6.09% is 227.4% above this industry median. Based on the distribution chart, First Avenue Real Estate Development Co ranks #182 out of 1797 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, First Avenue Real Estate Development Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does First Avenue Real Estate Development Co's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, First Avenue Real Estate Development Co ranks #182 out of 1797 companies for Return-on-Tangible-Asset. This places First Avenue Real Estate Development Co in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.86. First Avenue Real Estate Development Co's value of 6.09% is 227.4% above this benchmark. Historically, First Avenue Real Estate Development Co's own Return-on-Tangible-Asset has ranged from 5.51 to 8.74 over the past decade. While the company's 10-year median is 8.38 vs. the industry median of 1.86, First Avenue Real Estate Development Co 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 1.86, based on 1,797 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. First Avenue Real Estate Development Co's current Return-on-Tangible-Asset of 6.09% is 227.4% 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 First Avenue Real Estate Development Co and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Avenue Real Estate Development Co's current Return-on-Tangible-Asset is 6.09%, which is 27% below median its own 10-year median of 8.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Avenue Real Estate Development Co stock overvalued right now?
First Avenue Real Estate Development Co (SAU:9610) has a current Return-on-Tangible-Asset of 6.09%. The current Return-on-Tangible-Asset is 6.09%, which is 27% below median its 10-year median of 8.38 and 227.4% above the Real Estate industry median of 1.86. First Avenue Real Estate Development Co's overall GF Score™ is 17/100 with 5 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 First Avenue Real Estate Development Co (SAU:9610), the current Return-on-Tangible-Asset is 6.09% 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.
First Avenue Real Estate Development Co provides general construction of residential buildings, general construction of non-residential buildings including schools, hospitals, hotels, etc., construction of prefabricated buildings on-site, renovation of residential and non-residential buildings, demolition and removal of buildings and others, purchase and sale of real estate lands and properties.
17GF Score
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