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Qualitas Real Estateome FundASX:QRI 30 Return-on-Tangible-Equity is 6.72% as of Dec. 2025, which is 9% below its 10-year median of 7.37. GuruFocus rates ASX:QRI with a GF Score™ of 30/100. The stock has 5 warning signs investors should review. Among 1,591 Asset Management companies, Qualitas Real Estateome Fund ranks better than 51.04% 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. Qualitas Real Estateome Fund's annualized net income for the quarter that ended in Dec. 2025 was A$66.66 Mil. Qualitas Real Estateome Fund's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$992.14 Mil. Therefore, Qualitas Real Estateome Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 6.72%.
The historical rank and industry rank for Qualitas Real Estateome Fund's Return-on-Tangible-Equity or its related term are showing as below:
ASX:QRI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.71 Med: 7.37 Max: 8.75
Current: 7.5
During the past 7 years, Qualitas Real Estateome Fund's highest Return-on-Tangible-Equity was 8.75%. The lowest was 5.71%. And the median was 7.37%.
ASX:QRI's Return-on-Tangible-Equity is ranked better than 51.04% of 1591
companies
in the Asset Management industry
Industry Median: 7.21
vs ASX:QRI: 7.50
Qualitas Real Estateome Fund (ASX:QRI) 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.
Qualitas Real Estateome Fund Return-on-Tangible-Equity Related Terms
Qualitas Real Estateome 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.
Qualitas Real Estateome Fund Return-on-Tangible-Equity Chart
ASX:QRI vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Qualitas Real Estateome 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.
Qualitas Real Estateome Fund Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Qualitas Real Estateome Fund's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Qualitas Real Estateome 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 6.72% mean?
Qualitas Real Estateome Fund (ASX:QRI) has a Return-on-Tangible-Equity of 6.72% 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 Qualitas Real Estateome Fund and its competitors. This is near median its historical median of 7.37. Over the past decade, Qualitas Real Estateome Fund's Return-on-Tangible-Equity has ranged from 5.71 to 8.75. According to the industry distribution chart, Qualitas Real Estateome Fund ranks #779 out of 1591 companies in the Asset Management industry, placing it in the top 49%.
Is Qualitas Real Estateome Fund's Return-on-Tangible-Equity too high?
Qualitas Real Estateome Fund's current Return-on-Tangible-Equity of 6.72% is near median its 10-year median of 7.37. Over the past 10 years, this metric has ranged from a low of 5.71 to a high of 8.75. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Qualitas Real Estateome Fund's value of 6.72% is 6.8% below this industry median. Based on the distribution chart, Qualitas Real Estateome Fund ranks #779 out of 1591 companies in the Asset Management industry, which is above the industry midpoint. Overall, Qualitas Real Estateome Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Qualitas Real Estateome Fund's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Qualitas Real Estateome Fund ranks #779 out of 1591 companies for Return-on-Tangible-Equity. This puts Qualitas Real Estateome Fund in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.21. Qualitas Real Estateome Fund's value of 6.72% is 6.8% below this benchmark. Historically, Qualitas Real Estateome Fund's own Return-on-Tangible-Equity has ranged from 5.71 to 8.75 over the past decade. While the company's 10-year median is 7.37 vs. the industry median of 7.21, Qualitas Real Estateome Fund 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 an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,591 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. Qualitas Real Estateome Fund's current Return-on-Tangible-Equity of 6.72% is 6.8% 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 Qualitas Real Estateome Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualitas Real Estateome Fund's current Return-on-Tangible-Equity is 6.72%, which is near median its own 10-year median of 7.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualitas Real Estateome Fund stock overvalued right now?
Qualitas Real Estateome Fund (ASX:QRI) has a current Return-on-Tangible-Equity of 6.72%. The current Return-on-Tangible-Equity is 6.72%, which is near median its 10-year median of 7.37 and 6.8% below the Asset Management industry median of 7.21. Qualitas Real Estateome Fund's overall GF Score™ is 30/100 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 Qualitas Real Estateome Fund (ASX:QRI), the current Return-on-Tangible-Equity is 6.72% 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.
Qualitas Real Estate Income Fund is a real estate investment management firm that seeks to invest the Trust's capital in a portfolio of investments that provide unitholders with exposure to real estate loans secured by first and second mortgages, predominantly located in Australia.
30GF Score
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