AP67 Socimi (XMAD:YAP67) Return-on-Tangible-Asset: 2.09% (As of Dec. 2024) — 56% Above 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.

XMAD:YAP67 AP67 Socimi SA XMAD:YAP67
77 GF Score
Price €5.60
GF Value €9.44
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is AP67 Socimi Return-on-Tangible-Asset?

AP67 Socimi XMAD:YAP67 77 Return-on-Tangible-Asset is 2.09% as of Dec. 2024, which is 56% above its 10-year median of 1.34. GuruFocus rates XMAD:YAP67 with a GF Score™ of 77/100 and a GF Value™ of €9.44 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 940 REITs companies, AP67 Socimi ranks worse than 62.66% 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. AP67 Socimi's annualized Net Income for the quarter that ended in Dec. 2024 was €1.29 Mil. AP67 Socimi's average total tangible assets for the quarter that ended in Dec. 2024 was €61.85 Mil. Therefore, AP67 Socimi's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 2.09%.

The historical rank and industry rank for AP67 Socimi's Return-on-Tangible-Asset or its related term are showing as below:

XMAD:YAP67' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.32   Med: 1.34   Max: 2.57
Current: 2.09

During the past 11 years, AP67 Socimi's highest Return-on-Tangible-Asset was 2.57%. The lowest was -7.32%. And the median was 1.34%.

XMAD:YAP67's Return-on-Tangible-Asset is ranked worse than
62.66% of 940 companies
in the REITs industry
Industry Median: 3.27 vs XMAD:YAP67: 2.09

AP67 Socimi  (XMAD:YAP67) 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.


AP67 Socimi Return-on-Tangible-Asset Related Terms


AP67 Socimi Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for AP67 Socimi'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.

AP67 Socimi Return-on-Tangible-Asset Chart

AP67 Socimi Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 0.84 2.00 2.57 2.09

AP67 Socimi Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.09 0.84 2.00 2.57 2.09

XMAD:YAP67 vs VICI, WPC: Return-on-Tangible-Asset Comparison

For the REIT - Diversified subindustry, AP67 Socimi'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.


AP67 Socimi Return-on-Tangible-Asset vs REITs Industry

For the REITs industry and Real Estate sector, AP67 Socimi's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where AP67 Socimi's Return-on-Tangible-Asset falls into.


XMAD:YAP67
77GF Score
AP67 Socimi SA XMAD:YAP67
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AP67 Socimi Return-on-Tangible-Asset Calculation

AP67 Socimi's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=1.29/( (61.253+62.438)/ 2 )
=1.29/61.8455
=2.09 %

AP67 Socimi's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=1.29/( (61.253+62.438)/ 2 )
=1.29/61.8455
=2.09 %

* 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 one times the annual (Dec. 2024) net income data.

What does a Return-on-Tangible-Asset of 2.09% mean?
AP67 Socimi (XMAD:YAP67) has a Return-on-Tangible-Asset of 2.09% as of Dec. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on AP67 Socimi and its competitors. This is 56% above median its historical median of 1.34. According to the industry distribution chart, AP67 Socimi ranks #589 out of 940 companies in the REITs industry, placing it in the top 62.7%.
Is AP67 Socimi's Return-on-Tangible-Asset too high?
AP67 Socimi's current Return-on-Tangible-Asset of 2.09% is 56% above median its 10-year median of 1.34. The REITs industry median Return-on-Tangible-Asset is 3.27. AP67 Socimi's value of 2.09% is 36.1% below this industry median. Based on the distribution chart, AP67 Socimi ranks #589 out of 940 companies in the REITs industry, which is below the industry midpoint. Overall, AP67 Socimi has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AP67 Socimi's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, AP67 Socimi ranks #589 out of 940 companies for Return-on-Tangible-Asset. This places AP67 Socimi in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.27. AP67 Socimi's value of 2.09% is 36.1% below this benchmark. While the company's 10-year median is 1.34 vs. the industry median of 3.27, AP67 Socimi 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 3.27, based on 940 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. AP67 Socimi's current Return-on-Tangible-Asset of 2.09% is 36.1% 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 AP67 Socimi and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AP67 Socimi's current Return-on-Tangible-Asset is 2.09%, which is 56% above median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AP67 Socimi stock overvalued right now?
Based on GuruFocus' analysis, AP67 Socimi (XMAD:YAP67) is currently considered Possible Value Trap. The stock's GF Value™ is €9.44, compared to a current price of €5.60 — trading 40.7% below its estimated fair value. The current Return-on-Tangible-Asset is 2.09%, which is 56% above median its 10-year median of 1.34 and 36.1% below the REITs industry median of 3.27. AP67 Socimi's overall GF Score™ is 77/100 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 AP67 Socimi (XMAD:YAP67), the current Return-on-Tangible-Asset is 2.09% as of Dec. 2024. 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 AP67 Socimi (XMAD:YAP67) Overvalued in 2026?

Based on GuruFocus' analysis, AP67 Socimi stock appears to be undervalued. The current stock price of €5.60 is trading 40.7% below its estimated GF Value™ of €9.44. GuruFocus considers AP67 Socimi to be Possible Value Trap.

Key valuation signals for XMAD:YAP67:

  • Return-on-Tangible-Asset: 2.09% (56% above median its 10-year median of 1.34)
  • GF Value™: €9.44 vs. price of €5.60 (40.7% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 36.1% below the REITs median (#589 of 940)

No single metric tells the full story. See the XMAD:YAP67 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AP67 Socimi Business Description

Industry Real EstateREITs
Address Calle Villaverde, 2, Leganes, Madrid, ESP, 28912
AP67 Socimi SA operates as a real estate investment trust. The firm's main activity is the acquisition and management of real estate assets in Spain.
77GF Score

Get the complete analysis for XMAD:YAP67

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

€5.60
Price
€9.44
GF Value