Appeninn Vagyonkezelo Holding Nyrt (FRA:0AP) Return-on-Tangible-Equity: 0.64% (As of Dec. 2025) — 96% Below Median


FRA:0AP Appeninn Vagyonkezelo Holding Nyrt FRA:0AP
66 GF Score
Price €1.55
GF Value €2.25
! 4 Warning Signs
View Full Analysis

What is Appeninn Vagyonkezelo Holding Nyrt Return-on-Tangible-Equity?

Appeninn Vagyonkezelo Holding Nyrt FRA:0AP -0.77% 66 Return-on-Tangible-Equity is 0.64% as of Dec. 2025, which is 96% below its 10-year median of 15.51. GuruFocus rates FRA:0AP with a GF Score™ of 66/100 and a GF Value™ of €2.25. The stock has 4 warning signs investors should review. Among 1,715 Real Estate companies, Appeninn Vagyonkezelo Holding Nyrt ranks worse than 55.69% 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. Appeninn Vagyonkezelo Holding Nyrt's annualized net income for the quarter that ended in Dec. 2025 was €0.81 Mil. Appeninn Vagyonkezelo Holding Nyrt's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €126.43 Mil. Therefore, Appeninn Vagyonkezelo Holding Nyrt's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 0.64%.

The historical rank and industry rank for Appeninn Vagyonkezelo Holding Nyrt's Return-on-Tangible-Equity or its related term are showing as below:

FRA:0AP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.8   Med: 15.51   Max: 36.32
Current: 3.17

During the past 13 years, Appeninn Vagyonkezelo Holding Nyrt's highest Return-on-Tangible-Equity was 36.32%. The lowest was -7.80%. And the median was 15.51%.

FRA:0AP's Return-on-Tangible-Equity is ranked worse than
55.69% of 1715 companies
in the Real Estate industry
Industry Median: 4.23 vs FRA:0AP: 3.17

Appeninn Vagyonkezelo Holding Nyrt  (FRA:0AP) 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.


Appeninn Vagyonkezelo Holding Nyrt Return-on-Tangible-Equity Related Terms


Appeninn Vagyonkezelo Holding Nyrt Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Appeninn Vagyonkezelo Holding Nyrt'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.

Appeninn Vagyonkezelo Holding Nyrt Return-on-Tangible-Equity Chart

Appeninn Vagyonkezelo Holding Nyrt 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 -8.10 20.23 23.27 13.57 3.10

Appeninn Vagyonkezelo Holding Nyrt Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 40.23 12.40 14.59 5.63 0.64

Appeninn Vagyonkezelo Holding Nyrt Return-on-Tangible-Equity Competitor Comparison

For the Real Estate - Diversified subindustry, Appeninn Vagyonkezelo Holding Nyrt'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.


Appeninn Vagyonkezelo Holding Nyrt Return-on-Tangible-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Appeninn Vagyonkezelo Holding Nyrt's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Appeninn Vagyonkezelo Holding Nyrt's Return-on-Tangible-Equity falls into.


FRA:0AP
66GF Score
Appeninn Vagyonkezelo Holding Nyrt FRA:0AP
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Appeninn Vagyonkezelo Holding Nyrt Return-on-Tangible-Equity Calculation

Appeninn Vagyonkezelo Holding Nyrt'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 )
=3.823/( (118.549+128.461 )/ 2 )
=3.823/123.505
=3.10 %

Appeninn Vagyonkezelo Holding Nyrt's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=0.806/( (124.404+128.461)/ 2 )
=0.806/126.4325
=0.64 %

* 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 0.64% mean?
Appeninn Vagyonkezelo Holding Nyrt (FRA:0AP) has a Return-on-Tangible-Equity of 0.64% 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 Appeninn Vagyonkezelo Holding Nyrt and its competitors. This is 96% below median its historical median of 15.51. According to the industry distribution chart, Appeninn Vagyonkezelo Holding Nyrt ranks #955 out of 1715 companies in the Real Estate industry, placing it in the top 55.7%.
Is Appeninn Vagyonkezelo Holding Nyrt's Return-on-Tangible-Equity too high?
Appeninn Vagyonkezelo Holding Nyrt's current Return-on-Tangible-Equity of 0.64% is 96% below median its 10-year median of 15.51. The Real Estate industry median Return-on-Tangible-Equity is 4.23. Appeninn Vagyonkezelo Holding Nyrt's value of 0.64% is 84.9% below this industry median. Based on the distribution chart, Appeninn Vagyonkezelo Holding Nyrt ranks #955 out of 1715 companies in the Real Estate industry, which is below the industry midpoint. Overall, Appeninn Vagyonkezelo Holding Nyrt has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Appeninn Vagyonkezelo Holding Nyrt's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Appeninn Vagyonkezelo Holding Nyrt ranks #955 out of 1715 companies for Return-on-Tangible-Equity. This places Appeninn Vagyonkezelo Holding Nyrt in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.23. Appeninn Vagyonkezelo Holding Nyrt's value of 0.64% is 84.9% below this benchmark. While the company's 10-year median is 15.51 vs. the industry median of 4.23, Appeninn Vagyonkezelo Holding Nyrt has consistently been below 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 4.23, 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. Appeninn Vagyonkezelo Holding Nyrt's current Return-on-Tangible-Equity of 0.64% is 84.9% below 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 Appeninn Vagyonkezelo Holding Nyrt and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Appeninn Vagyonkezelo Holding Nyrt's current Return-on-Tangible-Equity is 0.64%, which is 96% below median its own 10-year median of 15.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appeninn Vagyonkezelo Holding Nyrt stock overvalued right now?
Appeninn Vagyonkezelo Holding Nyrt (FRA:0AP) has a current Return-on-Tangible-Equity of 0.64%. The stock's GF Value™ is €2.25, compared to a current price of €1.55 — trading 31.2% below its estimated fair value. The current Return-on-Tangible-Equity is 0.64%, which is 96% below median its 10-year median of 15.51 and 84.9% below the Real Estate industry median of 4.23. Appeninn Vagyonkezelo Holding Nyrt's overall GF Score™ is 66/100 with 4 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 Appeninn Vagyonkezelo Holding Nyrt (FRA:0AP), the current Return-on-Tangible-Equity is 0.64% 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 Appeninn Vagyonkezelo Holding Nyrt (FRA:0AP) Overvalued in 2026?

Based on GuruFocus' analysis, Appeninn Vagyonkezelo Holding Nyrt stock appears to be undervalued. The current stock price of €1.55 is trading 31.2% below its estimated GF Value™ of €2.25.

Key valuation signals for FRA:0AP:

  • Return-on-Tangible-Equity: 0.64% (96% below median its 10-year median of 15.51)
  • GF Value™: €2.25 vs. price of €1.55 (31.2% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 84.9% below the Real Estate median (#955 of 1715)

No single metric tells the full story. See the FRA:0AP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Appeninn Vagyonkezelo Holding Nyrt Business Description

Other Exchanges APPENINN:Hungary
Address 1022 Budapest, Beg utca 3-5, Kelenhegyi, HUN
Appeninn Vagyonkezelo Holding Nyrt operates as a real estate investment and asset management company in Hungary. The Company's reportable segments are Office rental service, Logistics, commercial property rental services, and other segments. The company derives maximum revenue from office rentals.
66GF Score

Get the complete analysis for FRA:0AP

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

€1.55
Price
€2.25
GF Value