FRA:2ES's Return-on-Tangible-Equity is ranked better than 68.06% of 933
companies
in the REITs industry
Industry Median: 6.26
vs FRA:2ES: 8.93
Industrial & Infrastructure Fund Investment (FRA:2ES) 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.
Industrial & Infrastructure Fund Investment Return-on-Tangible-Equity Related Terms
Industrial & Infrastructure Fund Investment Return-on-Tangible-Equity Historical Data
* 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.
Industrial & Infrastructure Fund Investment Return-on-Tangible-Equity Chart
Industrial & Infrastructure Fund Investment Annual Data
FRA:2ES vs PLD, PSA, EXR: Return-on-Tangible-Equity Comparison
For the REIT - Industrial subindustry, Industrial & Infrastructure Fund Investment'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.
Industrial & Infrastructure Fund Investment Return-on-Tangible-Equity vs REITs Industry
* 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 (Jan. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 9.32% mean?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a Return-on-Tangible-Equity of 9.32% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Industrial & Infrastructure Fund Investment and its competitors. This is 11% above median its historical median of 8.40. Over the past decade, Industrial & Infrastructure Fund Investment's Return-on-Tangible-Equity has ranged from 7.23 to 9.22. According to the industry distribution chart, Industrial & Infrastructure Fund Investment ranks #298 out of 933 companies in the REITs industry, placing it in the top 31.9%.
Is Industrial & Infrastructure Fund Investment's Return-on-Tangible-Equity too high?
Industrial & Infrastructure Fund Investment's current Return-on-Tangible-Equity of 9.32% is 11% above median its 10-year median of 8.40. Over the past 10 years, this metric has ranged from a low of 7.23 to a high of 9.22. The REITs industry median Return-on-Tangible-Equity is 6.26. Industrial & Infrastructure Fund Investment's value of 9.32% is 48.9% above this industry median. Based on the distribution chart, Industrial & Infrastructure Fund Investment ranks #298 out of 933 companies in the REITs industry, which is above the industry midpoint. Overall, Industrial & Infrastructure Fund Investment has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Industrial & Infrastructure Fund Investment's Return-on-Tangible-Equity compare to PLD and PSA?
According to the REITs industry distribution chart, Industrial & Infrastructure Fund Investment ranks #298 out of 933 companies for Return-on-Tangible-Equity. This puts Industrial & Infrastructure Fund Investment in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.26. Industrial & Infrastructure Fund Investment's value of 9.32% is 48.9% above this benchmark. Historically, Industrial & Infrastructure Fund Investment's own Return-on-Tangible-Equity has ranged from 7.23 to 9.22 over the past decade. While the company's 10-year median is 8.40 vs. the industry median of 6.26, Industrial & Infrastructure Fund Investment 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 6.26, 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. Industrial & Infrastructure Fund Investment's current Return-on-Tangible-Equity of 9.32% is 48.9% 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 Industrial & Infrastructure Fund Investment 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. Industrial & Infrastructure Fund Investment's current Return-on-Tangible-Equity is 9.32%, which is 11% above median its own 10-year median of 8.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial & Infrastructure Fund Investment stock overvalued right now?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a current Return-on-Tangible-Equity of 9.32%. The stock's GF Value™ is €754.11, compared to a current price of €770.00 — trading 2.1% above its estimated fair value. The current Return-on-Tangible-Equity is 9.32%, which is 11% above median its 10-year median of 8.40 and 48.9% above the REITs industry median of 6.26. Industrial & Infrastructure Fund Investment's overall GF Score™ is 77/100 with 11 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 Industrial & Infrastructure Fund Investment (FRA:2ES), the current Return-on-Tangible-Equity is 9.32% as of Jan. 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 Industrial & Infrastructure Fund Investment (FRA:2ES) Overvalued in 2026?
Based on GuruFocus' analysis, Industrial & Infrastructure Fund Investment stock appears to be overvalued.
The current stock price of €770.00 is trading 2.1% above its estimated GF Value™ of €754.11.
Key valuation signals for FRA:2ES:
Return-on-Tangible-Equity: 9.32% (11% above median its 10-year median of 8.40)
GF Value™: €754.11 vs. price of €770.00 (2.1% above fair value)
Industry Position: 48.9% above the REITs median (#298 of 933)
No single metric tells the full story. See the FRA:2ES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Industrial & Infrastructure Fund Investment Business Description
Industrial & Infrastructure Fund Investment Corp operates as a J-REIT specializing in industrial properties. The company focuses on industrial properties including logistic facilities, manufacturing and R&D facilities, and infrastructures.
77GF Score
Get the complete analysis for FRA:2ES
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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