Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) Return-on-Tangible-Equity: 19.16% (As of Mar. 2026) — 293% Above Median

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BKK:DREIT Dusit Thani Freehold and Leasehold REIT BKK:DREIT
82 GF Score
Price ฿4.92
GF Value ฿5.03
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Dusit Thani Freehold and Leasehold REIT Return-on-Tangible-Equity?

Dusit Thani Freehold and Leasehold REIT BKK:DREIT -0.81% 82 Return-on-Tangible-Equity is 19.16% as of Mar. 2026, which is 293% above its 10-year median of 4.87. GuruFocus rates BKK:DREIT with a GF Score™ of 82/100 and a GF Value™ of ฿5.03 (Fairly Valued). The stock has 3 warning signs investors should review. Among 927 REITs companies, Dusit Thani Freehold and Leasehold REIT ranks worse than 55.88% 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. Dusit Thani Freehold and Leasehold REIT's annualized net income for the quarter that ended in Mar. 2026 was ฿1,115.1 Mil. Dusit Thani Freehold and Leasehold REIT's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿5,819.0 Mil. Therefore, Dusit Thani Freehold and Leasehold REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.16%.

The historical rank and industry rank for Dusit Thani Freehold and Leasehold REIT's Return-on-Tangible-Equity or its related term are showing as below:

BKK:DREIT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.18   Med: 4.87   Max: 10.3
Current: 5.67

During the past 13 years, Dusit Thani Freehold and Leasehold REIT's highest Return-on-Tangible-Equity was 10.30%. The lowest was 2.18%. And the median was 4.87%.

BKK:DREIT's Return-on-Tangible-Equity is ranked worse than
55.88% of 927 companies
in the REITs industry
Industry Median: 6.27 vs BKK:DREIT: 5.67

Dusit Thani Freehold and Leasehold REIT  (BKK:DREIT) 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.


Dusit Thani Freehold and Leasehold REIT Return-on-Tangible-Equity Related Terms


Dusit Thani Freehold and Leasehold REIT Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Dusit Thani Freehold and Leasehold REIT'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.

Dusit Thani Freehold and Leasehold REIT Return-on-Tangible-Equity Chart

Dusit Thani Freehold and Leasehold REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.11 5.56 4.76 10.30 3.83

Dusit Thani Freehold and Leasehold REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.67 -2.29 3.08 2.77 19.16

BKK:DREIT vs HST, RHP, APLE: Return-on-Tangible-Equity Comparison

For the REIT - Hotel & Motel subindustry, Dusit Thani 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.


Dusit Thani Freehold and Leasehold REIT Return-on-Tangible-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Dusit Thani Freehold and Leasehold REIT's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Dusit Thani Freehold and Leasehold REIT's Return-on-Tangible-Equity falls into.


BKK:DREIT
82GF Score
Dusit Thani Freehold and Leasehold REIT BKK:DREIT
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dusit Thani Freehold and Leasehold REIT Return-on-Tangible-Equity Calculation

Dusit Thani Freehold and Leasehold REIT's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=222.237/( (5880.832+5721.408 )/ 2 )
=222.237/5801.12
=3.83 %

Dusit Thani Freehold and Leasehold REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1115.088/( (5721.408+5916.663)/ 2 )
=1115.088/5819.0355
=19.16 %

* 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 19.16% mean?
Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) has a Return-on-Tangible-Equity of 19.16% 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 Dusit Thani Freehold and Leasehold REIT and its competitors. This is 293% above median its historical median of 4.87. Over the past decade, Dusit Thani Freehold and Leasehold REIT's Return-on-Tangible-Equity has ranged from 2.18 to 10.30. According to the industry distribution chart, Dusit Thani Freehold and Leasehold REIT ranks #518 out of 927 companies in the REITs industry, placing it in the top 55.9%.
Is Dusit Thani Freehold and Leasehold REIT's Return-on-Tangible-Equity too high?
Dusit Thani Freehold and Leasehold REIT's current Return-on-Tangible-Equity of 19.16% is 293% above median its 10-year median of 4.87. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 10.30. The REITs industry median Return-on-Tangible-Equity is 6.27. Dusit Thani Freehold and Leasehold REIT's value of 19.16% is 205.6% above this industry median. Based on the distribution chart, Dusit Thani Freehold and Leasehold REIT ranks #518 out of 927 companies in the REITs industry, which is below the industry midpoint. Overall, Dusit Thani Freehold and Leasehold REIT has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dusit Thani Freehold and Leasehold REIT's Return-on-Tangible-Equity compare to HST and RHP?
According to the REITs industry distribution chart, Dusit Thani Freehold and Leasehold REIT ranks #518 out of 927 companies for Return-on-Tangible-Equity. This places Dusit Thani Freehold and Leasehold REIT in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.27. Dusit Thani Freehold and Leasehold REIT's value of 19.16% is 205.6% above this benchmark. Historically, Dusit Thani Freehold and Leasehold REIT's own Return-on-Tangible-Equity has ranged from 2.18 to 10.30 over the past decade. While the company's 10-year median is 4.87 vs. the industry median of 6.27, Dusit Thani 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 6.27, based on 927 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. Dusit Thani Freehold and Leasehold REIT's current Return-on-Tangible-Equity of 19.16% is 205.6% 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 Dusit Thani Freehold and Leasehold REIT 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. Dusit Thani Freehold and Leasehold REIT's current Return-on-Tangible-Equity is 19.16%, which is 293% above median its own 10-year median of 4.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dusit Thani Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) is currently considered Fairly Valued. The stock's GF Value™ is ฿5.03, compared to a current price of ฿4.92 — trading 2.2% below its estimated fair value. The current Return-on-Tangible-Equity is 19.16%, which is 293% above median its 10-year median of 4.87 and 205.6% above the REITs industry median of 6.27. Dusit Thani Freehold and Leasehold REIT's overall GF Score™ is 82/100 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 Dusit Thani Freehold and Leasehold REIT (BKK:DREIT), the current Return-on-Tangible-Equity is 19.16% 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 Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) Overvalued in 2026?

Based on GuruFocus' analysis, Dusit Thani Freehold and Leasehold REIT stock appears to be undervalued. The current stock price of ฿4.92 is trading 2.2% below its estimated GF Value™ of ฿5.03. GuruFocus considers Dusit Thani Freehold and Leasehold REIT to be Fairly Valued.

Key valuation signals for BKK:DREIT:

  • Return-on-Tangible-Equity: 19.16% (293% above median its 10-year median of 4.87)
  • GF Value™: ฿5.03 vs. price of ฿4.92 (2.2% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 205.6% above the REITs median (#518 of 927)

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


Dusit Thani Freehold and Leasehold REIT Business Description

Industry Real EstateREITs
Address Phaya Thai Road, No. 319 Chamchuri Square Building, 29th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
Dusit Thani Freehold and Leasehold REIT is a closed-end property fund engaged in seeking funds from investors to invest in property or property leasehold rights. The Trust invests in freehold and leasehold properties, including sublease high-quality real estate, hotels and other types of property relevant or beneficial to hotel properties. Its operating segment includes Leasing and others. The company generates maximum revenue from the Leasing segment.
82GF Score

Get the complete analysis for BKK:DREIT

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

฿4.92
Price
฿5.03
GF Value