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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.
CGRE AGXTER:CGX +0.74%48 Return-on-Tangible-Asset is 0.00% as of Dec. 2025. GuruFocus rates XTER:CGX with a GF Score™ of 48/100 and a GF Value™ of €5.44 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,632 Asset Management companies, CGRE AG ranks worse than 93.32% 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. CGRE AG's annualizedNet Income for the quarter that ended in Dec. 2025 was €0.00 Mil. CGRE AG's average total tangible assets for the quarter that ended in Dec. 2025 was €80.38 Mil. Therefore, CGRE AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 0.00%.
The historical rank and industry rank for CGRE AG's Return-on-Tangible-Asset or its related term are showing as below:
XTER:CGX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -69.63 Med: -1.68 Max: 12.43
Current: -24.03
During the past 13 years, CGRE AG's highest Return-on-Tangible-Asset was 12.43%. The lowest was -69.63%. And the median was -1.68%.
XTER:CGX's Return-on-Tangible-Asset is ranked worse than 93.32% of 1632
companies
in the Asset Management industry
Industry Median: 4.51
vs XTER:CGX: -24.03
CGRE AG (XTER:CGX) 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.
CGRE AG Return-on-Tangible-Asset Related Terms
CGRE AG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CGRE AG'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.
XTER:CGX vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, CGRE AG'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.
CGRE AG Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, CGRE AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CGRE AG'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 0.00% mean?
CGRE AG (XTER:CGX) has a Return-on-Tangible-Asset of 0.00% 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 CGRE AG and its competitors. According to the industry distribution chart, CGRE AG ranks #1523 out of 1632 companies in the Asset Management industry, placing it in the top 93.3%.
Is CGRE AG's Return-on-Tangible-Asset too high?
CGRE AG's current Return-on-Tangible-Asset is 0.00%. Based on the distribution chart, CGRE AG ranks #1523 out of 1632 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, CGRE AG has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CGRE AG's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, CGRE AG ranks #1523 out of 1632 companies for Return-on-Tangible-Asset. This places CGRE AG in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.51. 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 4.51, based on 1,632 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. 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 CGRE AG and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CGRE AG's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CGRE AG stock overvalued right now?
Based on GuruFocus' analysis, CGRE AG (XTER:CGX) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.44, compared to a current price of €13.70 — trading 151.8% above its estimated fair value. The current Return-on-Tangible-Asset is 0.00%. CGRE AG'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 CGRE AG (XTER:CGX), the current Return-on-Tangible-Asset is 0.00% 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 CGRE AG (XTER:CGX) Overvalued in 2026?
Based on GuruFocus' analysis, CGRE AG stock appears to be overvalued.
The current stock price of €13.70 is trading 151.8% above its estimated GF Value™ of €5.44.
GuruFocus considers CGRE AG to be Significantly Overvalued.
Key valuation signals for XTER:CGX:
Return-on-Tangible-Asset: 0.00%
GF Value™: €5.44 vs. price of €13.70 (151.8% above fair value)
No single metric tells the full story. See the XTER:CGX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CGRE AG Formerly L-KONZEPT Holding AG is a Germany-based firm. Its business activities includes financing or acquiring a majority stake in companies in the real estate industry. It founds, acquires or invests in operating property developers and project companies and promotes their business success with management, financing and controlling services.
48GF Score
Get the complete analysis for XTER:CGX
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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