Madison Pacific PropertiesTSX:MPC 64 Return-on-Tangible-Asset is 5.11% as of Mar. 2026, which is 20% below its 10-year median of 6.38. GuruFocus rates TSX:MPC with a GF Score™ of 64/100 and a GF Value™ of C$5.84 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,803 Real Estate companies, Madison Pacific Properties ranks better than 69.22% 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. Madison Pacific Properties's annualizedNet Income for the quarter that ended in Mar. 2026 was C$43.91 Mil. Madison Pacific Properties's average total tangible assets for the quarter that ended in Mar. 2026 was C$860.16 Mil. Therefore, Madison Pacific Properties's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.11%.
The historical rank and industry rank for Madison Pacific Properties's Return-on-Tangible-Asset or its related term are showing as below:
TSX:MPC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.35 Med: 6.38 Max: 11.63
Current: 3.69
During the past 13 years, Madison Pacific Properties's highest Return-on-Tangible-Asset was 11.63%. The lowest was -5.35%. And the median was 6.38%.
TSX:MPC's Return-on-Tangible-Asset is ranked better than 69.22% of 1803
companies
in the Real Estate industry
Industry Median: 1.76
vs TSX:MPC: 3.69
Madison Pacific Properties (TSX:MPC) 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.
Madison Pacific Properties Return-on-Tangible-Asset Related Terms
Madison Pacific Properties 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.
Madison Pacific Properties Return-on-Tangible-Asset Chart
TSX:MPC vs CBRE, BEKE, JLL: Return-on-Tangible-Asset Comparison
For the Real Estate Services subindustry, Madison Pacific Properties'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.
Madison Pacific Properties Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Madison Pacific Properties's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Madison Pacific Properties'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 5.11% mean?
Madison Pacific Properties (TSX:MPC) has a Return-on-Tangible-Asset of 5.11% 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 Madison Pacific Properties and its competitors. This is 20% below median its historical median of 6.38. According to the industry distribution chart, Madison Pacific Properties ranks #555 out of 1803 companies in the Real Estate industry, placing it in the top 30.8%.
Is Madison Pacific Properties' Return-on-Tangible-Asset too high?
Madison Pacific Properties' current Return-on-Tangible-Asset of 5.11% is 20% below median its 10-year median of 6.38. The Real Estate industry median Return-on-Tangible-Asset is 1.76. Madison Pacific Properties' value of 5.11% is 190.3% above this industry median. Based on the distribution chart, Madison Pacific Properties ranks #555 out of 1803 companies in the Real Estate industry, which is above the industry midpoint. Overall, Madison Pacific Properties has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Madison Pacific Properties' Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Madison Pacific Properties ranks #555 out of 1803 companies for Return-on-Tangible-Asset. This puts Madison Pacific Properties in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.76. Madison Pacific Properties' value of 5.11% is 190.3% above this benchmark. While the company's 10-year median is 6.38 vs. the industry median of 1.76, Madison Pacific Properties 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 1,803 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. Madison Pacific Properties's current Return-on-Tangible-Asset of 5.11% is 190.3% 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 Madison Pacific Properties 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. Madison Pacific Properties's current Return-on-Tangible-Asset is 5.11%, which is 20% below median its own 10-year median of 6.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madison Pacific Properties stock overvalued right now?
Based on GuruFocus' analysis, Madison Pacific Properties (TSX:MPC) is currently considered Modestly Undervalued. The stock's GF Value™ is C$5.84, compared to a current price of C$4.75 — trading 18.7% below its estimated fair value. The current Return-on-Tangible-Asset is 5.11%, which is 20% below median its 10-year median of 6.38 and 190.3% above the Real Estate industry median of 1.76. Madison Pacific Properties' overall GF Score™ is 64/100 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 Madison Pacific Properties (TSX:MPC), the current Return-on-Tangible-Asset is 5.11% 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 Madison Pacific Properties (TSX:MPC) Overvalued in 2026?
Based on GuruFocus' analysis, Madison Pacific Properties stock appears to be undervalued.
The current stock price of C$4.75 is trading 18.7% below its estimated GF Value™ of C$5.84.
GuruFocus considers Madison Pacific Properties to be Modestly Undervalued.
Key valuation signals for TSX:MPC:
Return-on-Tangible-Asset: 5.11% (20% below median its 10-year median of 6.38)
GF Value™: C$5.84 vs. price of C$4.75 (18.7% below fair value)
Industry Position: 190.3% above the Real Estate median (#555 of 1803)
No single metric tells the full story. See the TSX:MPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Madison Pacific Properties Inc is a real estate company. It owns, develops, and operates industrial, commercial, multifamily, retail, and office rental properties located in Canada. It also has investments in joint ventures that construct residential properties. The company has one reportable segment, that being the rental of industrial, commercial, multi-family, retail, and office real estate properties located in Canada. The company derives its revenue from rental operations and property management.
64GF Score
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