LDR Capital Property Fund (ASX:LED) Return-on-Tangible-Equity: 3.58% (As of Dec. 2025)


ASX:LED LDR Capital Property Fund ASX:LED
40 GF Score
Price A$0.47
GF Value A$0.40
Valuation Modestly Overvalued
! 5 Warning Signs
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What is LDR Capital Property Fund Return-on-Tangible-Equity?

LDR Capital Property Fund ASX:LED +1.09% 40 Return-on-Tangible-Equity is 3.58% as of Dec. 2025. GuruFocus rates ASX:LED with a GF Score™ of 40/100 and a GF Value™ of A$0.40 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,715 Real Estate companies, LDR Capital Property Fund ranks worse than 74.69% 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. LDR Capital Property Fund's annualized net income for the quarter that ended in Dec. 2025 was A$9.59 Mil. LDR Capital Property Fund's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$268.07 Mil. Therefore, LDR Capital Property Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 3.58%.

The historical rank and industry rank for LDR Capital Property Fund's Return-on-Tangible-Equity or its related term are showing as below:

ASX:LED' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.23   Med: -1.75   Max: 14.1
Current: -1.23

During the past 7 years, LDR Capital Property Fund's highest Return-on-Tangible-Equity was 14.10%. The lowest was -9.23%. And the median was -1.75%.

ASX:LED's Return-on-Tangible-Equity is ranked worse than
74.69% of 1715 companies
in the Real Estate industry
Industry Median: 4.2 vs ASX:LED: -1.23

LDR Capital Property Fund  (ASX:LED) 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.


LDR Capital Property Fund Return-on-Tangible-Equity Related Terms


LDR Capital Property Fund Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for LDR Capital Property Fund'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.

LDR Capital Property Fund Return-on-Tangible-Equity Chart

LDR Capital Property Fund Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 13.03 14.10 -9.23 -8.64 -1.98

LDR Capital Property Fund Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.85 -14.22 2.00 -5.78 3.58

ASX:LED vs CBRE, BEKE, CSGP: Return-on-Tangible-Equity Comparison

For the Real Estate Services subindustry, LDR Capital Property 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.


LDR Capital Property Fund Return-on-Tangible-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, LDR Capital Property Fund's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where LDR Capital Property Fund's Return-on-Tangible-Equity falls into.


ASX:LED
40GF Score
LDR Capital Property Fund ASX:LED
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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LDR Capital Property Fund Return-on-Tangible-Equity Calculation

LDR Capital Property Fund's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=-5.396/( (265.684+279.691 )/ 2 )
=-5.396/272.6875
=-1.98 %

LDR Capital Property Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=9.588/( (279.691+256.454)/ 2 )
=9.588/268.0725
=3.58 %

* 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 3.58% mean?
LDR Capital Property Fund (ASX:LED) has a Return-on-Tangible-Equity of 3.58% 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 LDR Capital Property Fund and its competitors. According to the industry distribution chart, LDR Capital Property Fund ranks #1281 out of 1715 companies in the Real Estate industry, placing it in the top 74.7%.
Is LDR Capital Property Fund's Return-on-Tangible-Equity too high?
LDR Capital Property Fund's current Return-on-Tangible-Equity is 3.58%. The Real Estate industry median Return-on-Tangible-Equity is 4.20. LDR Capital Property Fund's value of 3.58% is 14.8% below this industry median. Based on the distribution chart, LDR Capital Property Fund ranks #1281 out of 1715 companies in the Real Estate industry, which is below the industry midpoint. Overall, LDR Capital Property Fund has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LDR Capital Property Fund's Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, LDR Capital Property Fund ranks #1281 out of 1715 companies for Return-on-Tangible-Equity. This places LDR Capital Property Fund in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.20. LDR Capital Property Fund's value of 3.58% is 14.8% below this benchmark. 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.20, based on 1,715 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. LDR Capital Property Fund's current Return-on-Tangible-Equity of 3.58% is 14.8% 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 LDR Capital Property Fund and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LDR Capital Property Fund's current Return-on-Tangible-Equity is 3.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LDR Capital Property Fund stock overvalued right now?
Based on GuruFocus' analysis, LDR Capital Property Fund (ASX:LED) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.40, compared to a current price of A$0.47 — trading 16.3% above its estimated fair value. The current Return-on-Tangible-Equity is 3.58% and 14.8% below the Real Estate industry median of 4.20. LDR Capital Property Fund's overall GF Score™ is 40/100 with 5 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 LDR Capital Property Fund (ASX:LED), the current Return-on-Tangible-Equity is 3.58% 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 LDR Capital Property Fund (ASX:LED) Overvalued in 2026?

Based on GuruFocus' analysis, LDR Capital Property Fund stock appears to be overvalued. The current stock price of A$0.47 is trading 16.3% above its estimated GF Value™ of A$0.40. GuruFocus considers LDR Capital Property Fund to be Modestly Overvalued.

Key valuation signals for ASX:LED:

  • Return-on-Tangible-Equity: 3.58%
  • GF Value™: A$0.40 vs. price of A$0.47 (16.3% above fair value)
  • GF Score™: 40/100 with 5 warning signs
  • Industry Position: 14.8% below the Real Estate median (#1281 of 1715)

No single metric tells the full story. See the ASX:LED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LDR Capital Property Fund Business Description

Address 201 Elizabeth Street, Level 34, Sydney, NSW, AUS, 2000
LDR Capital Property Fund is an externally managed real estate investment trust that invests in Australian commercial office assets.
40GF Score

Get the complete analysis for ASX:LED

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.47
Price
A$0.40
GF Value