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Aims Property Securities FundASX:APW 37 Return-on-Tangible-Equity is 6.33% as of Dec. 2025, which is 33% below its 10-year median of 9.51. GuruFocus rates ASX:APW with a GF Score™ of 37/100. The stock has 1 warning sign investors should review. Among 924 REITs companies, Aims Property Securities Fund ranks worse than 64.07% 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. Aims Property Securities Fund's annualized net income for the quarter that ended in Dec. 2025 was A$14.00 Mil. Aims Property Securities Fund's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$221.10 Mil. Therefore, Aims Property Securities Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 6.33%.
The historical rank and industry rank for Aims Property Securities Fund's Return-on-Tangible-Equity or its related term are showing as below:
ASX:APW'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.62 Med: 9.51 Max: 27.49
Current: 4.2
During the past 13 years, Aims Property Securities Fund's highest Return-on-Tangible-Equity was 27.49%. The lowest was -4.62%. And the median was 9.51%.
ASX:APW's Return-on-Tangible-Equity is ranked worse than 64.07% of 924
companies
in the REITs industry
Industry Median: 6.265
vs ASX:APW: 4.20
Aims Property Securities Fund (ASX:APW) 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.
Aims Property Securities Fund Return-on-Tangible-Equity Related Terms
Aims Property Securities Fund Return-on-Tangible-Equity 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.
Aims Property Securities Fund Return-on-Tangible-Equity Chart
ASX:APW vs VICI, WPC, BNL: Return-on-Tangible-Equity Comparison
For the REIT - Diversified subindustry, Aims Property Securities Fund'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.
Aims Property Securities Fund Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Aims Property Securities Fund's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Aims Property Securities Fund'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 6.33% mean?
Aims Property Securities Fund (ASX:APW) has a Return-on-Tangible-Equity of 6.33% 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 Aims Property Securities Fund and its competitors. This is 33% below median its historical median of 9.51. According to the industry distribution chart, Aims Property Securities Fund ranks #592 out of 924 companies in the REITs industry, placing it in the top 64.1%.
Is Aims Property Securities Fund's Return-on-Tangible-Equity too high?
Aims Property Securities Fund's current Return-on-Tangible-Equity of 6.33% is 33% below median its 10-year median of 9.51. The REITs industry median Return-on-Tangible-Equity is 6.27. Aims Property Securities Fund's value of 6.33% is 1% above this industry median. Based on the distribution chart, Aims Property Securities Fund ranks #592 out of 924 companies in the REITs industry, which is below the industry midpoint. Overall, Aims Property Securities Fund has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Aims Property Securities Fund's Return-on-Tangible-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Aims Property Securities Fund ranks #592 out of 924 companies for Return-on-Tangible-Equity. This places Aims Property Securities Fund in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.27. Aims Property Securities Fund's value of 6.33% is 1% above this benchmark. While the company's 10-year median is 9.51 vs. the industry median of 6.27, Aims Property Securities 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-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.27, based on 924 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. Aims Property Securities Fund's current Return-on-Tangible-Equity of 6.33% is 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-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 Aims Property Securities Fund and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aims Property Securities Fund's current Return-on-Tangible-Equity is 6.33%, which is 33% below median its own 10-year median of 9.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aims Property Securities Fund stock overvalued right now?
Aims Property Securities Fund (ASX:APW) has a current Return-on-Tangible-Equity of 6.33%. The current Return-on-Tangible-Equity is 6.33%, which is 33% below median its 10-year median of 9.51 and 1% above the REITs industry median of 6.27. Aims Property Securities Fund's overall GF Score™ is 37/100 with 1 warning sign 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 Aims Property Securities Fund (ASX:APW), the current Return-on-Tangible-Equity is 6.33% 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.
Aims Property Securities Fund Business Description
Aims Property Securities Fund is an Australia-based diversified real estate securities fund listed on the Australian Securities Exchange (ASX). It invests prominently in listed and unlisted property trusts, listed property-related companies, and mortgage funds across various property sectors and geographic locations. The fund aims to provide investors with regular quarterly income and long-term capital growth potential. It maintains a portfolio managed by multiple fund managers and follows prudent investment principles emphasizing conservative gearing and liquidity. Revenue is generated through income distributions and capital appreciation of its property investments.
37GF Score
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