Altarea SCACHIX:ALTAP 67 Return-on-Tangible-Equity is -0.18% as of Dec. 2025. GuruFocus rates CHIX:ALTAP with a GF Score™ of 67/100 and a GF Value™ of €74.42 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 933 REITs companies, Altarea SCA ranks worse than 78.56% 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. Altarea SCA's annualized net income for the quarter that ended in Dec. 2025 was €-2 Mil. Altarea SCA's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €1,234 Mil. Therefore, Altarea SCA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -0.18%.
The historical rank and industry rank for Altarea SCA's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:ALTAp'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -27.74 Med: 13.03 Max: 21.47
Current: 0.66
During the past 13 years, Altarea SCA's highest Return-on-Tangible-Equity was 21.47%. The lowest was -27.74%. And the median was 13.03%.
CHIX:ALTAp's Return-on-Tangible-Equity is ranked worse than 78.56% of 933
companies
in the REITs industry
Industry Median: 6.26
vs CHIX:ALTAp: 0.66
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.
Altarea SCA Return-on-Tangible-Equity Related Terms
Altarea SCA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Altarea SCA'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.
CHIX:ALTAP vs AVB, EQR, ESS: Return-on-Tangible-Equity Comparison
For the REIT - Residential subindustry, Altarea SCA'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.
Altarea SCA Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Altarea SCA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Altarea SCA'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 -0.18% mean?
Altarea SCA (CHIX:ALTAP) has a Return-on-Tangible-Equity of -0.18% 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 Altarea SCA and its competitors. According to the industry distribution chart, Altarea SCA ranks #733 out of 933 companies in the REITs industry, placing it in the top 78.6%.
Is Altarea SCA's Return-on-Tangible-Equity too high?
Altarea SCA's current Return-on-Tangible-Equity is -0.18%. Based on the distribution chart, Altarea SCA ranks #733 out of 933 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Altarea SCA has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altarea SCA's Return-on-Tangible-Equity compare to AVB and EQR?
According to the REITs industry distribution chart, Altarea SCA ranks #733 out of 933 companies for Return-on-Tangible-Equity. This places Altarea SCA in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.26. 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 6.26, based on 933 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. 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 Altarea SCA and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altarea SCA's current Return-on-Tangible-Equity is -0.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altarea SCA stock overvalued right now?
Based on GuruFocus' analysis, Altarea SCA (CHIX:ALTAP) is currently considered Modestly Overvalued. The stock's GF Value™ is €74.42, compared to a current price of €96.95 — trading 30.3% above its estimated fair value. The current Return-on-Tangible-Equity is -0.18%. Altarea SCA's overall GF Score™ is 67/100 with 6 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 Altarea SCA (CHIX:ALTAP), the current Return-on-Tangible-Equity is -0.18% 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 Altarea SCA (CHIX:ALTAP) Overvalued in 2026?
Based on GuruFocus' analysis, Altarea SCA stock appears to be overvalued.
The current stock price of €96.95 is trading 30.3% above its estimated GF Value™ of €74.42.
GuruFocus considers Altarea SCA to be Modestly Overvalued.
Key valuation signals for CHIX:ALTAP:
Return-on-Tangible-Equity: -0.18%
GF Value™: €74.42 vs. price of €96.95 (30.3% above fair value)
No single metric tells the full story. See the CHIX:ALTAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altarea SCA is a real estate investment trust predominantly engaged in the acquisition, development, and management of properties throughout Western and Southern Europe. The company's real estate portfolio is composed of residential, retail, office, and mixed-use spaces. Altarea derives the majority of its revenue from rental income related to the leasing of its real estate assets. Its operating segments are; Retail; Residential; Business property; New businesses; and Others. Maximum rental income is generated from the Retail segment which consists of shopping centers under management or development. Geographically, it generates maximum revenue from France and the rest from Italy, Spain, and other regions.
67GF Score
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