BKK:AXTRART's Return-on-Tangible-Equity is ranked better than 68.88% of 935
companies
in the REITs industry
Industry Median: 6.23
vs BKK:AXTRART: 9.03
Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) 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.
Axtra Future City Freehold and Leasehold REIT Return-on-Tangible-Equity Related Terms
Axtra Future City Freehold and Leasehold REIT 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.
Axtra Future City Freehold and Leasehold REIT Return-on-Tangible-Equity Chart
Axtra Future City Freehold and Leasehold REIT Annual Data
BKK:AXTRART vs SPG, O, KIM: Return-on-Tangible-Equity Comparison
For the REIT - Retail subindustry, Axtra Future City Freehold and Leasehold REIT'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.
Axtra Future City Freehold and Leasehold REIT Return-on-Tangible-Equity vs REITs Industry
* 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 four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 7.20% mean?
Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) has a Return-on-Tangible-Equity of 7.20% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Axtra Future City Freehold and Leasehold REIT and its competitors. This is 21% below median its historical median of 9.14. Over the past decade, Axtra Future City Freehold and Leasehold REIT's Return-on-Tangible-Equity has ranged from 2.45 to 10.67. According to the industry distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #291 out of 935 companies in the REITs industry, placing it in the top 31.1%.
Is Axtra Future City Freehold and Leasehold REIT's Return-on-Tangible-Equity too high?
Axtra Future City Freehold and Leasehold REIT's current Return-on-Tangible-Equity of 7.20% is 21% below median its 10-year median of 9.14. Over the past 10 years, this metric has ranged from a low of 2.45 to a high of 10.67. The REITs industry median Return-on-Tangible-Equity is 6.23. Axtra Future City Freehold and Leasehold REIT's value of 7.20% is 15.6% above this industry median. Based on the distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #291 out of 935 companies in the REITs industry, which is above the industry midpoint. Overall, Axtra Future City Freehold and Leasehold REIT has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axtra Future City Freehold and Leasehold REIT's Return-on-Tangible-Equity compare to SPG and O?
According to the REITs industry distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #291 out of 935 companies for Return-on-Tangible-Equity. This puts Axtra Future City Freehold and Leasehold REIT in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.23. Axtra Future City Freehold and Leasehold REIT's value of 7.20% is 15.6% above this benchmark. Historically, Axtra Future City Freehold and Leasehold REIT's own Return-on-Tangible-Equity has ranged from 2.45 to 10.67 over the past decade. While the company's 10-year median is 9.14 vs. the industry median of 6.23, Axtra Future City Freehold and Leasehold REIT 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 6.23, based on 935 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. Axtra Future City Freehold and Leasehold REIT's current Return-on-Tangible-Equity of 7.20% is 15.6% 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 Axtra Future City Freehold and Leasehold REIT and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axtra Future City Freehold and Leasehold REIT's current Return-on-Tangible-Equity is 7.20%, which is 21% below median its own 10-year median of 9.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axtra Future City Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) is currently considered Fairly Valued. The stock's GF Value™ is ฿13.12, compared to a current price of ฿13.00 — trading 0.9% below its estimated fair value. The current Return-on-Tangible-Equity is 7.20%, which is 21% below median its 10-year median of 9.14 and 15.6% above the REITs industry median of 6.23. Axtra Future City Freehold and Leasehold REIT's overall GF Score™ is 85/100 with 3 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 Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART), the current Return-on-Tangible-Equity is 7.20% as of Mar. 2026. 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 Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) Overvalued in 2026?
Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT stock appears to be undervalued.
The current stock price of ฿13.00 is trading 0.9% below its estimated GF Value™ of ฿13.12.
GuruFocus considers Axtra Future City Freehold and Leasehold REIT to be Fairly Valued.
Key valuation signals for BKK:AXTRART:
Return-on-Tangible-Equity: 7.20% (21% below median its 10-year median of 9.14)
GF Value™: ฿13.12 vs. price of ฿13.00 (0.9% below fair value)
Industry Position: 15.6% above the REITs median (#291 of 935)
No single metric tells the full story. See the BKK:AXTRART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axtra Future City Freehold and Leasehold REIT Business Description
Axtra Future City Freehold and Leasehold REIT is a closed-end retail growth freehold and leasehold property fund. The Fund's objective is to seek funds from investors, invest mostly in property or property leasehold rights and generate benefit from such property. It Invest in Freehold & Leasehold of properties which comprises of nearly 23 shopping malls (Lotus's). The company operates only in Thailand.
85GF Score
Get the complete analysis for BKK:AXTRART
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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