Meridia Real Estate III Socimi (XMAD:YMRE) Return-on-Tangible-Asset: 37.32% (As of Dec. 2025)

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XMAD:YMRE Meridia Real Estate III Socimi SA XMAD:YMRE
48 GF Score
Price €0.77
GF Value €6.44
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Meridia Real Estate III Socimi Return-on-Tangible-Asset?

Meridia Real Estate III Socimi XMAD:YMRE 48 Return-on-Tangible-Asset is 37.32% as of Dec. 2025. GuruFocus rates XMAD:YMRE with a GF Score™ of 48/100 and a GF Value™ of €6.44 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 931 REITs companies, Meridia Real Estate III Socimi ranks worse than 87.33% 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. Meridia Real Estate III Socimi's annualized Net Income for the quarter that ended in Dec. 2025 was €60.35 Mil. Meridia Real Estate III Socimi's average total tangible assets for the quarter that ended in Dec. 2025 was €161.70 Mil. Therefore, Meridia Real Estate III Socimi's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 37.32%.

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

XMAD:YMRE' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.69   Med: -1.13   Max: 24.76
Current: -1.91

During the past 10 years, Meridia Real Estate III Socimi's highest Return-on-Tangible-Asset was 24.76%. The lowest was -6.69%. And the median was -1.13%.

XMAD:YMRE's Return-on-Tangible-Asset is ranked worse than
87.33% of 931 companies
in the REITs industry
Industry Median: 3.24 vs XMAD:YMRE: -1.91

Meridia Real Estate III Socimi  (XMAD:YMRE) 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.


Meridia Real Estate III Socimi Return-on-Tangible-Asset Related Terms


Meridia Real Estate III Socimi Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Meridia Real Estate III 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.

Meridia Real Estate III Socimi Return-on-Tangible-Asset Chart

Meridia Real Estate III Socimi Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.18 24.76 -1.29 -6.69 -2.37

Meridia Real Estate III Socimi Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 -9.88 -6.11 -7.48 -20.77 37.32

XMAD:YMRE vs BXP, ARE, VNO: Return-on-Tangible-Asset Comparison

For the REIT - Office subindustry, Meridia Real Estate III 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.


Meridia Real Estate III Socimi Return-on-Tangible-Asset vs REITs Industry

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

* The bar in red indicates where Meridia Real Estate III Socimi's Return-on-Tangible-Asset falls into.


XMAD:YMRE
48GF Score
Meridia Real Estate III Socimi SA XMAD:YMRE
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meridia Real Estate III Socimi Return-on-Tangible-Asset Calculation

Meridia Real Estate III Socimi's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-3.788/( (200.953+118.727)/ 2 )
=-3.788/159.84
=-2.37 %

Meridia Real Estate III Socimi'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: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=60.352/( (204.67+118.727)/ 2 )
=60.352/161.6985
=37.32 %

* 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 (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of 37.32% mean?
Meridia Real Estate III Socimi (XMAD:YMRE) has a Return-on-Tangible-Asset of 37.32% 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 Meridia Real Estate III Socimi and its competitors. According to the industry distribution chart, Meridia Real Estate III Socimi ranks #813 out of 931 companies in the REITs industry, placing it in the top 87.3%.
Is Meridia Real Estate III Socimi's Return-on-Tangible-Asset too high?
Meridia Real Estate III Socimi's current Return-on-Tangible-Asset is 37.32%. The REITs industry median Return-on-Tangible-Asset is 3.24. Meridia Real Estate III Socimi's value of 37.32% is 1051.9% above this industry median. Based on the distribution chart, Meridia Real Estate III Socimi ranks #813 out of 931 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Meridia Real Estate III Socimi has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meridia Real Estate III Socimi's Return-on-Tangible-Asset compare to BXP and ARE?
According to the REITs industry distribution chart, Meridia Real Estate III Socimi ranks #813 out of 931 companies for Return-on-Tangible-Asset. This places Meridia Real Estate III Socimi in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.24. Meridia Real Estate III Socimi's value of 37.32% is 1051.9% 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 REITs company?
The median Return-on-Tangible-Asset among REITs companies is 3.24, based on 931 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. Meridia Real Estate III Socimi's current Return-on-Tangible-Asset of 37.32% is 1051.9% 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 Meridia Real Estate III Socimi and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridia Real Estate III Socimi's current Return-on-Tangible-Asset is 37.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridia Real Estate III Socimi stock overvalued right now?
Based on GuruFocus' analysis, Meridia Real Estate III Socimi (XMAD:YMRE) is currently considered Possible Value Trap. The stock's GF Value™ is €6.44, compared to a current price of €0.77 — trading 88% below its estimated fair value. The current Return-on-Tangible-Asset is 37.32% and 1051.9% above the REITs industry median of 3.24. Meridia Real Estate III Socimi's overall GF Score™ is 48/100 with 4 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 Meridia Real Estate III Socimi (XMAD:YMRE), the current Return-on-Tangible-Asset is 37.32% 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 Meridia Real Estate III Socimi (XMAD:YMRE) Overvalued in 2026?

Based on GuruFocus' analysis, Meridia Real Estate III Socimi stock appears to be undervalued. The current stock price of €0.77 is trading 88% below its estimated GF Value™ of €6.44. GuruFocus considers Meridia Real Estate III Socimi to be Possible Value Trap.

Key valuation signals for XMAD:YMRE:

  • Return-on-Tangible-Asset: 37.32%
  • GF Value™: €6.44 vs. price of €0.77 (88% below fair value)
  • GF Score™: 48/100 with 4 warning signs
  • Industry Position: 1051.9% above the REITs median (#813 of 931)

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


Meridia Real Estate III Socimi Business Description

Industry Real EstateREITs
Address Avenida Diagonal, 640, Barcelona, ESP, 08017
Meridia Real Estate III Socimi SA operates as a real estate investment trust. It invests in all real estate segments, especially offices and logistics, in Madrid and Barcelona.
48GF Score

Get the complete analysis for XMAD:YMRE

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

€0.77
Price
€6.44
GF Value