SGLMF (Starhill Global Real Estate Investment Trust) Return-on-Tangible-Asset: 3.22% (As of Dec. 2025) — Near Median


SGLMF Starhill Global Real Estate Investment Trust SGLMF
44 GF Score
Price $0.38
GF Value $0.36
Valuation Fairly Valued
! 8 Warning Signs
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What is Starhill Global Real Estate Investment Trust Return-on-Tangible-Asset?

Starhill Global Real Estate Investment Trust SGLMF -0.24% 44 Return-on-Tangible-Asset is 3.22% as of Dec. 2025, which is 5% above its 10-year median of 3.07. GuruFocus rates SGLMF with a GF Score™ of 44/100 and a GF Value™ of $0.36 (Fairly Valued). The stock has 8 warning signs investors should review. Among 936 REITs companies, Starhill Global Real Estate Investment Trust ranks worse than 50.64% 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. Starhill Global Real Estate Investment Trust's annualized Net Income for the quarter that ended in Dec. 2025 was $71.5 Mil. Starhill Global Real Estate Investment Trust's average total tangible assets for the quarter that ended in Dec. 2025 was $2,221.4 Mil. Therefore, Starhill Global Real Estate Investment Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 3.22%.

The historical rank and industry rank for Starhill Global Real Estate Investment Trust's Return-on-Tangible-Asset or its related term are showing as below:

SGLMF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.49   Med: 3.07   Max: 3.64
Current: 3.18

During the past 13 years, Starhill Global Real Estate Investment Trust's highest Return-on-Tangible-Asset was 3.64%. The lowest was 2.49%. And the median was 3.07%.

SGLMF's Return-on-Tangible-Asset is ranked worse than
50.64% of 936 companies
in the REITs industry
Industry Median: 3.25 vs SGLMF: 3.18

Starhill Global Real Estate Investment Trust  (OTCPK:SGLMF) 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.


Starhill Global Real Estate Investment Trust Return-on-Tangible-Asset Related Terms


Starhill Global Real Estate Investment Trust Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Starhill Global Real Estate Investment Trust'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.

Starhill Global Real Estate Investment Trust Return-on-Tangible-Asset Chart

Starhill Global Real Estate Investment Trust Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.93 2.90 3.08 2.97 3.17

Starhill Global Real Estate Investment Trust 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 2.93 2.99 3.20 3.22 3.22

SGLMF vs SPG, O, KIM: Return-on-Tangible-Asset Comparison

For the REIT - Retail subindustry, Starhill Global Real Estate Investment 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.


Starhill Global Real Estate Investment Trust Return-on-Tangible-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Starhill Global Real Estate Investment Trust's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Starhill Global Real Estate Investment Trust's Return-on-Tangible-Asset falls into.


SGLMF
44GF Score
Starhill Global Real Estate Investment Trust SGLMF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Starhill Global Real Estate Investment Trust Return-on-Tangible-Asset Calculation

Starhill Global Real Estate Investment Trust's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=68.476/( (2099.728+2219.248)/ 2 )
=68.476/2159.488
=3.17 %

Starhill Global Real Estate Investment Trust'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 )
=71.454/( (2219.248+2223.526)/ 2 )
=71.454/2221.387
=3.22 %

* 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 3.22% mean?
Starhill Global Real Estate Investment Trust (SGLMF) has a Return-on-Tangible-Asset of 3.22% 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 Starhill Global Real Estate Investment Trust and its competitors. This is near median its historical median of 3.07. Over the past decade, Starhill Global Real Estate Investment Trust's Return-on-Tangible-Asset has ranged from 2.49 to 3.64. According to the industry distribution chart, Starhill Global Real Estate Investment Trust ranks #474 out of 936 companies in the REITs industry, placing it in the top 50.6%.
Is Starhill Global Real Estate Investment Trust's Return-on-Tangible-Asset too high?
Starhill Global Real Estate Investment Trust's current Return-on-Tangible-Asset of 3.22% is near median its 10-year median of 3.07. Over the past 10 years, this metric has ranged from a low of 2.49 to a high of 3.64. The REITs industry median Return-on-Tangible-Asset is 3.25. Starhill Global Real Estate Investment Trust's value of 3.22% is 0.9% below this industry median. Based on the distribution chart, Starhill Global Real Estate Investment Trust ranks #474 out of 936 companies in the REITs industry, which is below the industry midpoint. Overall, Starhill Global Real Estate Investment Trust has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Starhill Global Real Estate Investment Trust's Return-on-Tangible-Asset compare to SPG and O?
According to the REITs industry distribution chart, Starhill Global Real Estate Investment Trust ranks #474 out of 936 companies for Return-on-Tangible-Asset. This places Starhill Global Real Estate Investment Trust in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.25. Starhill Global Real Estate Investment Trust's value of 3.22% is 0.9% below this benchmark. Historically, Starhill Global Real Estate Investment Trust's own Return-on-Tangible-Asset has ranged from 2.49 to 3.64 over the past decade. While the company's 10-year median is 3.07 vs. the industry median of 3.25, Starhill Global Real Estate Investment Trust 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 3.25, based on 936 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. Starhill Global Real Estate Investment Trust's current Return-on-Tangible-Asset of 3.22% is 0.9% 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 Starhill Global Real Estate Investment Trust and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starhill Global Real Estate Investment Trust's current Return-on-Tangible-Asset is 3.22%, which is near median its own 10-year median of 3.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starhill Global Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Starhill Global Real Estate Investment Trust (SGLMF) is currently considered Fairly Valued. The stock's GF Value™ is $0.36, compared to a current price of $0.38 — trading 6.6% above its estimated fair value. The current Return-on-Tangible-Asset is 3.22%, which is near median its 10-year median of 3.07 and 0.9% below the REITs industry median of 3.25. Starhill Global Real Estate Investment Trust's overall GF Score™ is 44/100 with 8 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 Starhill Global Real Estate Investment Trust (SGLMF), the current Return-on-Tangible-Asset is 3.22% 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 Starhill Global Real Estate Investment Trust (SGLMF) Overvalued in 2026?

Based on GuruFocus' analysis, Starhill Global Real Estate Investment Trust stock appears to be overvalued. The current stock price of $0.38 is trading 6.6% above its estimated GF Value™ of $0.36. GuruFocus considers Starhill Global Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for SGLMF:

  • Return-on-Tangible-Asset: 3.22% (near median its 10-year median of 3.07)
  • GF Value™: $0.36 vs. price of $0.38 (6.6% above fair value)
  • GF Score™: 44/100 with 8 warning signs
  • Industry Position: 0.9% below the REITs median (#474 of 936)

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


Starhill Global Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges P40U:Singapore
Address 391B Orchard Road, No. 24-03, Tower B, Ngee Ann, SGP, 238874
Starhill Global Real Estate Investment Trust invests in retail and commercial properties. The company's properties are located in Asia-Pacific countries, which include Singapore, Australia, Malaysia, China, and Japan. The company generates the majority of revenue from leasing properties to tenants, mainly department stores, fashion and footwear stores, cosmetics shops, and corporates. The company divides its operations into five segments: Wisma Atria Property; Ngee Ann City Property; Australia Properties; Malaysia Properties; and other properties.
44GF Score

Get the complete analysis for SGLMF

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

$0.38
Price
$0.36
GF Value