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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. Parkit Enterprise's annualizedNet Income for the quarter that ended in Jun. 2026 was C$25.41 Mil. Parkit Enterprise's average total tangible assets for the quarter that ended in Jun. 2026 was C$312.60 Mil. Therefore, Parkit Enterprise's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 8.13%.
The historical rank and industry rank for Parkit Enterprise's Return-on-Tangible-Asset or its related term are showing as below:
TSXV:PKT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -29.31 Med: -1.27 Max: 17.13
Current: 4.45
During the past 13 years, Parkit Enterprise's highest Return-on-Tangible-Asset was 17.13%. The lowest was -29.31%. And the median was -1.27%.
TSXV:PKT's Return-on-Tangible-Asset is ranked better than 73.96% of 1797
companies
in the Real Estate industry
Industry Median: 1.87
vs TSXV:PKT: 4.45
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.
Parkit Enterprise Return-on-Tangible-Asset Related Terms
Parkit Enterprise Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Parkit Enterprise'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.
TSXV:PKT vs CBRE, BEKE, JLL: Return-on-Tangible-Asset Comparison
For the Real Estate Services subindustry, Parkit Enterprise'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.
Parkit Enterprise Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Parkit Enterprise's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Parkit Enterprise'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 8.13% mean?
Parkit Enterprise (TSXV:PKT) has a Return-on-Tangible-Asset of 8.13% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Parkit Enterprise and its competitors. According to the industry distribution chart, Parkit Enterprise ranks #468 out of 1797 companies in the Real Estate industry, placing it in the top 26%.
Is Parkit Enterprise's Return-on-Tangible-Asset too high?
Parkit Enterprise's current Return-on-Tangible-Asset is 8.13%. The Real Estate industry median Return-on-Tangible-Asset is 1.87. Parkit Enterprise's value of 8.13% is 334.8% above this industry median. Based on the distribution chart, Parkit Enterprise ranks #468 out of 1797 companies in the Real Estate industry, which is above the industry midpoint. Overall, Parkit Enterprise has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Parkit Enterprise's Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Parkit Enterprise ranks #468 out of 1797 companies for Return-on-Tangible-Asset. This puts Parkit Enterprise in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.87. Parkit Enterprise's value of 8.13% is 334.8% above this benchmark. 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 1.87, 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. Parkit Enterprise's current Return-on-Tangible-Asset of 8.13% is 334.8% 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 Parkit Enterprise and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parkit Enterprise's current Return-on-Tangible-Asset is 8.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parkit Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Parkit Enterprise (TSXV:PKT) is currently considered Fairly Valued. The stock's GF Value™ is C$8.65, compared to a current price of C$8.85 — trading 2.3% above its estimated fair value. The current Return-on-Tangible-Asset is 8.13% and 334.8% above the Real Estate industry median of 1.87. Parkit Enterprise's overall GF Score™ is 71/100 with 6 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 Parkit Enterprise (TSXV:PKT), the current Return-on-Tangible-Asset is 8.13% as of Jun. 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 Parkit Enterprise (TSXV:PKT) Overvalued in 2026?
Based on GuruFocus' analysis, Parkit Enterprise stock appears to be overvalued.
The current stock price of C$8.85 is trading 2.3% above its estimated GF Value™ of C$8.65.
GuruFocus considers Parkit Enterprise to be Fairly Valued.
Key valuation signals for TSXV:PKT:
Return-on-Tangible-Asset: 8.13%
GF Value™: C$8.65 vs. price of C$8.85 (2.3% above fair value)
Industry Position: 334.8% above the Real Estate median (#468 of 1797)
No single metric tells the full story. See the TSXV:PKT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Parkit Enterprise Inc is an investment real estate platform. It is focused on the acquisition, growth, and management of strategically located industrial properties across key markets in Canada, with a focus on the Greater Toronto Area (GTA), Ottawa, and Montreal, to complement its parking assets across the United States. The company operates in two reportable business segments: Investment Properties which involves the acquisition and management of income producing industrial properties across key markets in Canada; and Parking Properties which involves the acquisition and management of income producing parking facilities across the United States. Majority of the company's revenue is from Investment Properties. The company only operates in Canada and the United States.
71GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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