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Panama Real Estate Development FundXPTY:REDFUNINV2 31 Return-on-Tangible-Asset is 5.25% as of Dec. 2025, which is 2% below its 10-year median of 5.38. GuruFocus rates XPTY:REDFUNINV2 with a GF Score™ of 31/100. The stock has 2 warning signs investors should review. Among 1,635 Asset Management companies, Panama Real Estate Development Fund ranks better than 54.68% on this metric.
The historical rank and industry rank for Panama Real Estate Development Fund's Return-on-Tangible-Asset or its related term are showing as below:
XPTY:REDFUNINV2'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.25 Med: 5.38 Max: 5.51
Current: 5.25
During the past 2 years, Panama Real Estate Development Fund's highest Return-on-Tangible-Asset was 5.51%. The lowest was 5.25%. And the median was 5.38%.
XPTY:REDFUNINV2's Return-on-Tangible-Asset is ranked better than 54.68% of 1635
companies
in the Asset Management industry
Industry Median: 4.23
vs XPTY:REDFUNINV2: 5.25
Panama Real Estate Development Fund (XPTY:REDFUNINV2) 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.
Panama Real Estate Development Fund Return-on-Tangible-Asset Related Terms
Panama Real Estate Development Fund 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.
Panama Real Estate Development Fund Return-on-Tangible-Asset Chart
Panama Real Estate Development Fund Annual Data
Trend
Dec24
Dec25
Return-on-Tangible-Asset
5.51
5.25
Panama Real Estate Development Fund Semi-Annual Data
Dec24
Dec25
Return-on-Tangible-Asset
5.51
5.25
XPTY:REDFUNINV2 vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Panama Real Estate Development Fund'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.
Panama Real Estate Development Fund Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Panama Real Estate Development Fund's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Panama Real Estate Development Fund'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 one times the annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 5.25% mean?
Panama Real Estate Development Fund (XPTY:REDFUNINV2) has a Return-on-Tangible-Asset of 5.25% 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 Panama Real Estate Development Fund and its competitors. This is near median its historical median of 5.38. Over the past decade, Panama Real Estate Development Fund's Return-on-Tangible-Asset has ranged from 5.25 to 5.51. According to the industry distribution chart, Panama Real Estate Development Fund ranks #741 out of 1635 companies in the Asset Management industry, placing it in the top 45.3%.
Is Panama Real Estate Development Fund's Return-on-Tangible-Asset too high?
Panama Real Estate Development Fund's current Return-on-Tangible-Asset of 5.25% is near median its 10-year median of 5.38. Over the past 10 years, this metric has ranged from a low of 5.25 to a high of 5.51. The Asset Management industry median Return-on-Tangible-Asset is 4.23. Panama Real Estate Development Fund's value of 5.25% is 24.1% above this industry median. Based on the distribution chart, Panama Real Estate Development Fund ranks #741 out of 1635 companies in the Asset Management industry, which is above the industry midpoint. Overall, Panama Real Estate Development Fund has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Panama Real Estate Development Fund's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Panama Real Estate Development Fund ranks #741 out of 1635 companies for Return-on-Tangible-Asset. This puts Panama Real Estate Development Fund in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.23. Panama Real Estate Development Fund's value of 5.25% is 24.1% above this benchmark. Historically, Panama Real Estate Development Fund's own Return-on-Tangible-Asset has ranged from 5.25 to 5.51 over the past decade. While the company's 10-year median is 5.38 vs. the industry median of 4.23, Panama Real Estate Development Fund 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.23, based on 1,635 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. Panama Real Estate Development Fund's current Return-on-Tangible-Asset of 5.25% is 24.1% 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 Panama Real Estate Development Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panama Real Estate Development Fund's current Return-on-Tangible-Asset is 5.25%, which is near median its own 10-year median of 5.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panama Real Estate Development Fund stock overvalued right now?
Panama Real Estate Development Fund (XPTY:REDFUNINV2) has a current Return-on-Tangible-Asset of 5.25%. The current Return-on-Tangible-Asset is 5.25%, which is near median its 10-year median of 5.38 and 24.1% above the Asset Management industry median of 4.23. Panama Real Estate Development Fund's overall GF Score™ is 31/100 with 2 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 Panama Real Estate Development Fund (XPTY:REDFUNINV2), the current Return-on-Tangible-Asset is 5.25% 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.
Panama Real Estate Development Fund Business Description
Panama Real Estate Development Fund Inc is a real estate investment vehicle that provides institutional and private banking investors with exposure to the Panamanian real estate market. It focuses on investments in real estate development projects and income-generating, stabilized assets.
31GF Score
Get the complete analysis for XPTY:REDFUNINV2
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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