Abacus Storage KingASX:ASK -2.18%41 Return-on-Tangible-Equity is 6.27% as of Dec. 2025, which is 70% below its 10-year median of 20.84. GuruFocus rates ASX:ASK with a GF Score™ of 41/100 and a GF Value™ of A$1.53 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 937 REITs companies, Abacus Storage King ranks better than 83.14% 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 Storage King's annualized net income for the quarter that ended in Dec. 2025 was A$142.2 Mil. Abacus Storage King's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$2,265.6 Mil. Therefore, Abacus Storage King's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 6.27%.
The historical rank and industry rank for Abacus Storage King's Return-on-Tangible-Equity or its related term are showing as below:
ASX:ASK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.49 Med: 20.84 Max: 31.17
Current: 13.29
During the past 4 years, Abacus Storage King's highest Return-on-Tangible-Equity was 31.17%. The lowest was 12.49%. And the median was 20.84%.
ASX:ASK's Return-on-Tangible-Equity is ranked better than 83.14% of 937
companies
in the REITs industry
Industry Median: 6.27
vs ASX:ASK: 13.29
Abacus Storage King (ASX:ASK) 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 Storage King Return-on-Tangible-Equity Related Terms
Abacus Storage King Return-on-Tangible-Equity Historical Data
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The historical data trend for Abacus Storage King'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.
Abacus Storage King Return-on-Tangible-Equity Chart
ASX:ASK vs PLD, PSA, EXR: Return-on-Tangible-Equity Comparison
For the REIT - Industrial subindustry, Abacus Storage King'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 Storage King Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Abacus Storage King's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Abacus Storage King'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 6.27% mean?
Abacus Storage King (ASX:ASK) has a Return-on-Tangible-Equity of 6.27% 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 Storage King and its competitors. This is 70% below median its historical median of 20.84. Over the past decade, Abacus Storage King's Return-on-Tangible-Equity has ranged from 12.49 to 31.17. According to the industry distribution chart, Abacus Storage King ranks #158 out of 937 companies in the REITs industry, placing it in the top 16.9%.
Is Abacus Storage King's Return-on-Tangible-Equity too high?
Abacus Storage King's current Return-on-Tangible-Equity of 6.27% is 70% below median its 10-year median of 20.84. Over the past 10 years, this metric has ranged from a low of 12.49 to a high of 31.17. The REITs industry median Return-on-Tangible-Equity is 6.27. Abacus Storage King's value of 6.27% is 0% at this industry median. Based on the distribution chart, Abacus Storage King ranks #158 out of 937 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Abacus Storage King has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Abacus Storage King's Return-on-Tangible-Equity compare to PLD and PSA?
According to the REITs industry distribution chart, Abacus Storage King ranks #158 out of 937 companies for Return-on-Tangible-Equity. This places Abacus Storage King in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.27. Abacus Storage King's value of 6.27% is 0% at this benchmark. Historically, Abacus Storage King's own Return-on-Tangible-Equity has ranged from 12.49 to 31.17 over the past decade. While the company's 10-year median is 20.84 vs. the industry median of 6.27, Abacus Storage King has consistently been at 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 937 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 Storage King's current Return-on-Tangible-Equity of 6.27% is 0% at 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 Storage King 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. Abacus Storage King's current Return-on-Tangible-Equity is 6.27%, which is 70% below median its own 10-year median of 20.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abacus Storage King stock overvalued right now?
Based on GuruFocus' analysis, Abacus Storage King (ASX:ASK) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.53, compared to a current price of A$1.35 — trading 12.1% below its estimated fair value. The current Return-on-Tangible-Equity is 6.27%, which is 70% below median its 10-year median of 20.84 and 0% at the REITs industry median of 6.27. Abacus Storage King's overall GF Score™ is 41/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Abacus Storage King (ASX:ASK), the current Return-on-Tangible-Equity is 6.27% 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 Storage King (ASX:ASK) Overvalued in 2026?
Based on GuruFocus' analysis, Abacus Storage King stock appears to be undervalued.
The current stock price of A$1.35 is trading 12.1% below its estimated GF Value™ of A$1.53.
GuruFocus considers Abacus Storage King to be Modestly Undervalued.
Key valuation signals for ASX:ASK:
Return-on-Tangible-Equity: 6.27% (70% below median its 10-year median of 20.84)
GF Value™: A$1.53 vs. price of A$1.35 (12.1% below fair value)
Industry Position: 0% at the REITs median (#158 of 937)
No single metric tells the full story. See the ASX:ASK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Abacus Storage King is a self-storage REIT. It owns, operates, and manages a self-storage operating platform and an investment portfolio comprising self-storage properties and other investments across Australia and New Zealand.
41GF Score
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