Abacus GroupASX:ABG 67 Return-on-Tangible-Equity is 6.20% as of Dec. 2025, which is 48% below its 10-year median of 11.89. GuruFocus rates ASX:ABG with a GF Score™ of 67/100 and a GF Value™ of A$1.34 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 933 REITs companies, Abacus Group ranks worse than 58.74% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Abacus Group's annualized net income for the quarter that ended in Dec. 2025 was A$95.2 Mil. Abacus Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$1,535.7 Mil. Therefore, Abacus Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 6.20%.
The historical rank and industry rank for Abacus Group's Return-on-Tangible-Equity or its related term are showing as below:
ASX:ABG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.83 Med: 11.89 Max: 17.72
Current: 5.23
During the past 13 years, Abacus Group's highest Return-on-Tangible-Equity was 17.72%. The lowest was -9.83%. And the median was 11.89%.
ASX:ABG's Return-on-Tangible-Equity is ranked worse than 58.74% of 933
companies
in the REITs industry
Industry Median: 6.26
vs ASX:ABG: 5.23
Abacus Group (ASX:ABG) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Abacus Group Return-on-Tangible-Equity Related Terms
Abacus Group Return-on-Tangible-Equity Historical Data
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The historical data trend for Abacus Group's Return-on-Tangible-Equity 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.
ASX:ABG vs VICI, WPC, BNL: Return-on-Tangible-Equity Comparison
For the REIT - Diversified subindustry, Abacus Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Abacus Group Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Abacus Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Abacus Group's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 6.20% mean?
Abacus Group (ASX:ABG) has a Return-on-Tangible-Equity of 6.20% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Abacus Group and its competitors. This is 48% below median its historical median of 11.89. According to the industry distribution chart, Abacus Group ranks #548 out of 933 companies in the REITs industry, placing it in the top 58.7%.
Is Abacus Group's Return-on-Tangible-Equity too high?
Abacus Group's current Return-on-Tangible-Equity of 6.20% is 48% below median its 10-year median of 11.89. The REITs industry median Return-on-Tangible-Equity is 6.26. Abacus Group's value of 6.20% is 1% below this industry median. Based on the distribution chart, Abacus Group ranks #548 out of 933 companies in the REITs industry, which is below the industry midpoint. Overall, Abacus Group has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Abacus Group's Return-on-Tangible-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Abacus Group ranks #548 out of 933 companies for Return-on-Tangible-Equity. This places Abacus Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.26. Abacus Group's value of 6.20% is 1% below this benchmark. While the company's 10-year median is 11.89 vs. the industry median of 6.26, Abacus Group 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-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.26, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Abacus Group's current Return-on-Tangible-Equity of 6.20% is 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Abacus Group and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abacus Group's current Return-on-Tangible-Equity is 6.20%, which is 48% below median its own 10-year median of 11.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abacus Group stock overvalued right now?
Based on GuruFocus' analysis, Abacus Group (ASX:ABG) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.34, compared to a current price of A$0.94 — trading 29.9% below its estimated fair value. The current Return-on-Tangible-Equity is 6.20%, which is 48% below median its 10-year median of 11.89 and 1% below the REITs industry median of 6.26. Abacus Group's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Abacus Group (ASX:ABG), the current Return-on-Tangible-Equity is 6.20% 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 Abacus Group (ASX:ABG) Overvalued in 2026?
Based on GuruFocus' analysis, Abacus Group stock appears to be undervalued.
The current stock price of A$0.94 is trading 29.9% below its estimated GF Value™ of A$1.34.
GuruFocus considers Abacus Group to be Possible Value Trap.
Key valuation signals for ASX:ABG:
Return-on-Tangible-Equity: 6.20% (48% below median its 10-year median of 11.89)
GF Value™: A$1.34 vs. price of A$0.94 (29.9% below fair value)
Industry Position: 1% below the REITs median (#548 of 933)
No single metric tells the full story. See the ASX:ABG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Abacus Group is the owner and manager of real estate assets in Australia. The property portfolio mainly comprises modern office towers in city centers and suburban locations, with several small retail assets. Rents collected from these property holdings are the major income source for Abacus. The group also has considerable exposure to the self-storage sector through the publicly listed Storage King. Abacus has been the external manager of the self-storage REIT and owns a 20% stake in it since Storage King was spun out of Abacus and floated on the stock exchange in 2023. Following an agreement in May 2026, Storage King will internalize management from fiscal 2027.
67GF Score
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