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The historical rank and industry rank for Alliance Developpement Capital SIIC's Return-on-Tangible-Asset or its related term are showing as below:
XPAR:ALDV'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.44 Med: -1.3 Max: 15.09
Current: -2.5
During the past 13 years, Alliance Developpement Capital SIIC's highest Return-on-Tangible-Asset was 15.09%. The lowest was -3.44%. And the median was -1.30%.
XPAR:ALDV's Return-on-Tangible-Asset is ranked worse than 88.65% of 925
companies
in the REITs industry
Industry Median: 3.29
vs XPAR:ALDV: -2.50
Alliance Developpement Capital SIIC (XPAR:ALDV) 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.
Alliance Developpement Capital SIIC Return-on-Tangible-Asset Related Terms
Alliance Developpement Capital SIIC 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.
Alliance Developpement Capital SIIC Return-on-Tangible-Asset Chart
XPAR:ALDV vs AVB, EQR, ESS: Return-on-Tangible-Asset Comparison
For the REIT - Residential subindustry, Alliance Developpement Capital SIIC'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.
Alliance Developpement Capital SIIC Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Alliance Developpement Capital SIIC's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Alliance Developpement Capital SIIC'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 0.28% mean?
Alliance Developpement Capital SIIC (XPAR:ALDV) has a Return-on-Tangible-Asset of 0.28% 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 Alliance Developpement Capital SIIC and its competitors. According to the industry distribution chart, Alliance Developpement Capital SIIC ranks #820 out of 925 companies in the REITs industry, placing it in the top 88.6%.
Is Alliance Developpement Capital SIIC's Return-on-Tangible-Asset too high?
Alliance Developpement Capital SIIC's current Return-on-Tangible-Asset is 0.28%. The REITs industry median Return-on-Tangible-Asset is 3.29. Alliance Developpement Capital SIIC's value of 0.28% is 91.5% below this industry median. Based on the distribution chart, Alliance Developpement Capital SIIC ranks #820 out of 925 companies in the REITs industry, which is in the bottom quartile relative to peers.
How does Alliance Developpement Capital SIIC's Return-on-Tangible-Asset compare to AVB and EQR?
According to the REITs industry distribution chart, Alliance Developpement Capital SIIC ranks #820 out of 925 companies for Return-on-Tangible-Asset. This places Alliance Developpement Capital SIIC in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.29. Alliance Developpement Capital SIIC's value of 0.28% is 91.5% below 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 3.29, based on 925 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. Alliance Developpement Capital SIIC's current Return-on-Tangible-Asset of 0.28% is 91.5% 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 Alliance Developpement Capital SIIC and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alliance Developpement Capital SIIC's current Return-on-Tangible-Asset is 0.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alliance Developpement Capital SIIC stock overvalued right now?
Based on GuruFocus' analysis, Alliance Developpement Capital SIIC (XPAR:ALDV) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.07, compared to a current price of €0.08 — trading 14.3% above its estimated fair value. The current Return-on-Tangible-Asset is 0.28% and 91.5% below the REITs industry median of 3.29. 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 Alliance Developpement Capital SIIC (XPAR:ALDV), the current Return-on-Tangible-Asset is 0.28% 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.
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