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. NewRiver REIT's annualized net income for the quarter that ended in Mar. 2026 was €39.9 Mil. NewRiver REIT's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €518.6 Mil. Therefore, NewRiver REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.69%.
The historical rank and industry rank for NewRiver REIT's Return-on-Tangible-Equity or its related term are showing as below:
FRA:087'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.12 Med: -1.72 Max: 6.86
Current: 6.86
During the past 13 years, NewRiver REIT's highest Return-on-Tangible-Equity was 6.86%. The lowest was -28.12%. And the median was -1.72%.
FRA:087's Return-on-Tangible-Equity is ranked better than 55.08% of 935
companies
in the REITs industry
Industry Median: 6.23
vs FRA:087: 6.86
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.
NewRiver REIT Return-on-Tangible-Equity Related Terms
NewRiver REIT Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for NewRiver 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.
FRA:087 vs SPG, O, KIM: Return-on-Tangible-Equity Comparison
For the REIT - Retail subindustry, NewRiver 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.
NewRiver REIT Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, NewRiver REIT's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where NewRiver REIT'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 (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 7.69% mean?
NewRiver REIT (FRA:087) has a Return-on-Tangible-Equity of 7.69% 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 NewRiver REIT and its competitors. According to the industry distribution chart, NewRiver REIT ranks #420 out of 935 companies in the REITs industry, placing it in the top 44.9%.
Is NewRiver REIT's Return-on-Tangible-Equity too high?
NewRiver REIT's current Return-on-Tangible-Equity is 7.69%. The REITs industry median Return-on-Tangible-Equity is 6.23. NewRiver REIT's value of 7.69% is 23.4% above this industry median. Based on the distribution chart, NewRiver REIT ranks #420 out of 935 companies in the REITs industry, which is above the industry midpoint. Overall, NewRiver REIT has a GF Score™ of 22/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NewRiver REIT's Return-on-Tangible-Equity compare to SPG and O?
According to the REITs industry distribution chart, NewRiver REIT ranks #420 out of 935 companies for Return-on-Tangible-Equity. This puts NewRiver REIT in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.23. NewRiver REIT's value of 7.69% is 23.4% above this benchmark. 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. NewRiver REIT's current Return-on-Tangible-Equity of 7.69% is 23.4% 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 NewRiver 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. NewRiver REIT's current Return-on-Tangible-Equity is 7.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NewRiver REIT stock overvalued right now?
Based on GuruFocus' analysis, NewRiver REIT (FRA:087) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.00, compared to a current price of €0.89 — trading 11.5% below its estimated fair value. The current Return-on-Tangible-Equity is 7.69% and 23.4% above the REITs industry median of 6.23. NewRiver REIT's overall GF Score™ is 22/100 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 NewRiver REIT (FRA:087), the current Return-on-Tangible-Equity is 7.69% 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 NewRiver REIT (FRA:087) Overvalued in 2026?
Based on GuruFocus' analysis, NewRiver REIT stock appears to be undervalued.
The current stock price of €0.89 is trading 11.5% below its estimated GF Value™ of €1.00.
GuruFocus considers NewRiver REIT to be Modestly Undervalued.
Key valuation signals for FRA:087:
Return-on-Tangible-Equity: 7.69%
GF Value™: €1.00 vs. price of €0.89 (11.5% below fair value)
Industry Position: 23.4% above the REITs median (#420 of 935)
No single metric tells the full story. See the FRA:087 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NewRiver REIT PLC is a real estate investment trust that invests in, manages, and develops retail and leisure properties. The company's property portfolio comprises shopping centers, retail warehouses, and pubs across the United Kingdom. The retail properties contribute a substantial amount to the total revenue, and these are largely located in Yorkshire and Humberside, London, Northeast and Southeast England, Scotland, and Wales. The company generates a majority of its revenue from leasing properties to tenants, which include discount retailers, fashion and accessory stores, groceries, homeware and furniture stores, and dining venues among others.
22GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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