City DevelopmentsCDEVF -3.85%63 Return-on-Tangible-Equity is 11.54% as of Dec. 2025, which is 107% above its 10-year median of 5.57. GuruFocus rates CDEVF with a GF Score™ of 63/100 and a GF Value™ of $4.53 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,715 Real Estate companies, City Developments ranks better than 60.93% 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. City Developments's annualized net income for the quarter that ended in Dec. 2025 was $834 Mil. City Developments's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $7,233 Mil. Therefore, City Developments's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 11.54%.
The historical rank and industry rank for City Developments's Return-on-Tangible-Equity or its related term are showing as below:
CDEVF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -20.16 Med: 5.57 Max: 14.59
Current: 6.82
During the past 13 years, City Developments's highest Return-on-Tangible-Equity was 14.59%. The lowest was -20.16%. And the median was 5.57%.
CDEVF's Return-on-Tangible-Equity is ranked better than 60.93% of 1715
companies
in the Real Estate industry
Industry Median: 4.2
vs CDEVF: 6.82
City Developments (OTCPK:CDEVF) 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.
City Developments Return-on-Tangible-Equity Related Terms
City Developments Return-on-Tangible-Equity Historical Data
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The historical data trend for City Developments'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.
City Developments Return-on-Tangible-Equity Competitor Comparison
For the Real Estate - Development subindustry, City Developments'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.
City Developments Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, City Developments's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where City Developments'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 11.54% mean?
City Developments (CDEVF) has a Return-on-Tangible-Equity of 11.54% 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 City Developments and its competitors. This is 107% above median its historical median of 5.57. According to the industry distribution chart, City Developments ranks #670 out of 1715 companies in the Real Estate industry, placing it in the top 39.1%.
Is City Developments' Return-on-Tangible-Equity too high?
City Developments' current Return-on-Tangible-Equity of 11.54% is 107% above median its 10-year median of 5.57. The Real Estate industry median Return-on-Tangible-Equity is 4.20. City Developments' value of 11.54% is 174.8% above this industry median. Based on the distribution chart, City Developments ranks #670 out of 1715 companies in the Real Estate industry, which is above the industry midpoint. Overall, City Developments has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does City Developments' Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, City Developments ranks #670 out of 1715 companies for Return-on-Tangible-Equity. This puts City Developments in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.20. City Developments' value of 11.54% is 174.8% above this benchmark. While the company's 10-year median is 5.57 vs. the industry median of 4.20, City Developments 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 4.20, 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. City Developments's current Return-on-Tangible-Equity of 11.54% is 174.8% 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 City Developments 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. City Developments's current Return-on-Tangible-Equity is 11.54%, which is 107% above median its own 10-year median of 5.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Developments stock overvalued right now?
Based on GuruFocus' analysis, City Developments (CDEVF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.53, compared to a current price of $6.49 — trading 43.3% above its estimated fair value. The current Return-on-Tangible-Equity is 11.54%, which is 107% above median its 10-year median of 5.57 and 174.8% above the Real Estate industry median of 4.20. City Developments' overall GF Score™ is 63/100 with 7 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 City Developments (CDEVF), the current Return-on-Tangible-Equity is 11.54% 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 City Developments (CDEVF) Overvalued in 2026?
Based on GuruFocus' analysis, City Developments stock appears to be overvalued.
The current stock price of $6.49 is trading 43.3% above its estimated GF Value™ of $4.53.
GuruFocus considers City Developments to be Significantly Overvalued.
Key valuation signals for CDEVF:
Return-on-Tangible-Equity: 11.54% (107% above median its 10-year median of 5.57)
GF Value™: $4.53 vs. price of $6.49 (43.3% above fair value)
Industry Position: 174.8% above the Real Estate median (#670 of 1715)
No single metric tells the full story. See the CDEVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
City Developments Ltd operates as a property developer and owner, and investment holding company. Along with its subsidiaries, its principal activities are those of property developers and owners, hotel owners and operators, a club operator and owner, investment in properties and in shares, property management, project management, and provision of consultancy, procurement, and laundry services. The company's reportable segments are; Property development, Hotel operations, and Investment properties. The majority of the revenue is generated from its Property development segment which develops and purchases properties for sale. Key revenue for the company is generated from its operations in Singapore and the rest from Japan, China, the United States, United Kingdom, and other regions.
63GF Score
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