Alpha Real Estate ServicesATH:ASTAK +0.73%81 Return-on-Tangible-Equity is 15.03% as of Dec. 2025, which is 519% above its 10-year median of 2.43. GuruFocus rates ATH:ASTAK with a GF Score™ of 81/100 and a GF Value™ of €12.45 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,715 Real Estate companies, Alpha Real Estate Services ranks better than 74.46% 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. Alpha Real Estate Services's annualized net income for the quarter that ended in Dec. 2025 was €10.27 Mil. Alpha Real Estate Services's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €68.28 Mil. Therefore, Alpha Real Estate Services's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 15.03%.
The historical rank and industry rank for Alpha Real Estate Services's Return-on-Tangible-Equity or its related term are showing as below:
ATH:ASTAK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.11 Med: 2.43 Max: 10.92
Current: 10.92
During the past 13 years, Alpha Real Estate Services's highest Return-on-Tangible-Equity was 10.92%. The lowest was -4.11%. And the median was 2.43%.
ATH:ASTAK's Return-on-Tangible-Equity is ranked better than 74.46% of 1715
companies
in the Real Estate industry
Industry Median: 4.23
vs ATH:ASTAK: 10.92
Alpha Real Estate Services (ATH:ASTAK) 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.
Alpha Real Estate Services Return-on-Tangible-Equity Related Terms
Alpha Real Estate Services 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.
Alpha Real Estate Services Return-on-Tangible-Equity Chart
ATH:ASTAK vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Alpha Real Estate Services'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.
Alpha Real Estate Services Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Alpha Real Estate Services's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Alpha Real Estate Services'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 15.03% mean?
Alpha Real Estate Services (ATH:ASTAK) has a Return-on-Tangible-Equity of 15.03% 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 Alpha Real Estate Services and its competitors. This is 519% above median its historical median of 2.43. According to the industry distribution chart, Alpha Real Estate Services ranks #438 out of 1715 companies in the Real Estate industry, placing it in the top 25.5%.
Is Alpha Real Estate Services' Return-on-Tangible-Equity too high?
Alpha Real Estate Services' current Return-on-Tangible-Equity of 15.03% is 519% above median its 10-year median of 2.43. The Real Estate industry median Return-on-Tangible-Equity is 4.23. Alpha Real Estate Services' value of 15.03% is 255.3% above this industry median. Based on the distribution chart, Alpha Real Estate Services ranks #438 out of 1715 companies in the Real Estate industry, which is above the industry midpoint. Overall, Alpha Real Estate Services has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alpha Real Estate Services' Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Alpha Real Estate Services ranks #438 out of 1715 companies for Return-on-Tangible-Equity. This puts Alpha Real Estate Services in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.23. Alpha Real Estate Services' value of 15.03% is 255.3% above this benchmark. While the company's 10-year median is 2.43 vs. the industry median of 4.23, Alpha Real Estate Services 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.23, 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. Alpha Real Estate Services's current Return-on-Tangible-Equity of 15.03% is 255.3% 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 Alpha Real Estate Services and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Real Estate Services's current Return-on-Tangible-Equity is 15.03%, which is 519% above median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Real Estate Services stock overvalued right now?
Based on GuruFocus' analysis, Alpha Real Estate Services (ATH:ASTAK) is currently considered Significantly Undervalued. The stock's GF Value™ is €12.45, compared to a current price of €8.24 — trading 33.8% below its estimated fair value. The current Return-on-Tangible-Equity is 15.03%, which is 519% above median its 10-year median of 2.43 and 255.3% above the Real Estate industry median of 4.23. Alpha Real Estate Services' overall GF Score™ is 81/100 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 Alpha Real Estate Services (ATH:ASTAK), the current Return-on-Tangible-Equity is 15.03% 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 Alpha Real Estate Services (ATH:ASTAK) Overvalued in 2026?
Based on GuruFocus' analysis, Alpha Real Estate Services stock appears to be undervalued.
The current stock price of €8.24 is trading 33.8% below its estimated GF Value™ of €12.45.
GuruFocus considers Alpha Real Estate Services to be Significantly Undervalued.
Key valuation signals for ATH:ASTAK:
Return-on-Tangible-Equity: 15.03% (519% above median its 10-year median of 2.43)
GF Value™: €12.45 vs. price of €8.24 (33.8% below fair value)
Industry Position: 255.3% above the Real Estate median (#438 of 1715)
No single metric tells the full story. See the ATH:ASTAK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alpha Real Estate Services SA is engaged in the management and exploitation of properties owned by it or third parties, the provision of technical advice on related matters, the provision of real estate and brokerage services, the preparation of studies of all kinds, the provision of general advice on the above matters, the carrying out of assessments and valuations of assets and mechanical equipment and in general assessments on behalf of third parties on related matters.
81GF Score
Get the complete analysis for ATH:ASTAK
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