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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. China Merchants Commercial REIT's annualized net income for the quarter that ended in Dec. 2025 was €-12.19 Mil. China Merchants Commercial REIT's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €356.66 Mil. Therefore, China Merchants Commercial REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -3.42%.
The historical rank and industry rank for China Merchants Commercial REIT's Return-on-Tangible-Equity or its related term are showing as below:
FRA:5C3'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.62 Med: 3.89 Max: 57.47
Current: -3.32
During the past 10 years, China Merchants Commercial REIT's highest Return-on-Tangible-Equity was 57.47%. The lowest was -5.62%. And the median was 3.89%.
FRA:5C3's Return-on-Tangible-Equity is ranked worse than 86.33% of 929
companies
in the REITs industry
Industry Median: 6.25
vs FRA:5C3: -3.32
China Merchants Commercial REIT (FRA:5C3) 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.
China Merchants Commercial REIT Return-on-Tangible-Equity Related Terms
China Merchants Commercial REIT 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.
China Merchants Commercial REIT Return-on-Tangible-Equity Chart
FRA:5C3 vs BXP, ARE, VNO: Return-on-Tangible-Equity Comparison
For the REIT - Office subindustry, China Merchants Commercial 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.
China Merchants Commercial REIT Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, China Merchants Commercial REIT's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China Merchants Commercial 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 (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 -3.42% mean?
China Merchants Commercial REIT (FRA:5C3) has a Return-on-Tangible-Equity of -3.42% 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 China Merchants Commercial REIT and its competitors. According to the industry distribution chart, China Merchants Commercial REIT ranks #802 out of 929 companies in the REITs industry, placing it in the top 86.3%.
Is China Merchants Commercial REIT's Return-on-Tangible-Equity too high?
China Merchants Commercial REIT's current Return-on-Tangible-Equity is -3.42%. Based on the distribution chart, China Merchants Commercial REIT ranks #802 out of 929 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, China Merchants Commercial REIT has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does China Merchants Commercial REIT's Return-on-Tangible-Equity compare to BXP and ARE?
According to the REITs industry distribution chart, China Merchants Commercial REIT ranks #802 out of 929 companies for Return-on-Tangible-Equity. This places China Merchants Commercial REIT in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.25. 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 6.25, based on 929 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 China Merchants Commercial REIT and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Merchants Commercial REIT's current Return-on-Tangible-Equity is -3.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Commercial REIT stock overvalued right now?
China Merchants Commercial REIT (FRA:5C3) has a current Return-on-Tangible-Equity of -3.42%. The stock's GF Value™ is €0.12, compared to a current price of €0.10 — trading 15% below its estimated fair value. The current Return-on-Tangible-Equity is -3.42%. China Merchants Commercial REIT's overall GF Score™ is 72/100 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 China Merchants Commercial REIT (FRA:5C3), the current Return-on-Tangible-Equity is -3.42% 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 China Merchants Commercial REIT (FRA:5C3) Overvalued in 2026?
Based on GuruFocus' analysis, China Merchants Commercial REIT stock appears to be undervalued.
The current stock price of €0.10 is trading 15% below its estimated GF Value™ of €0.12.
Key valuation signals for FRA:5C3:
Return-on-Tangible-Equity: -3.42%
GF Value™: €0.12 vs. price of €0.10 (15% below fair value)
No single metric tells the full story. See the FRA:5C3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Merchants Commercial REIT Business Description
China Merchants Commercial REIT and its subsidiaries are engaged in the property investment. The operating business segments of the company are office buildings and shopping center. Its properties include New Times Plaza, Cyberport Building, Technology Building, Garden City Shopping Centre ,Onward Science And Trade Center and Technology Building 2 among others.
72GF Score
Get the complete analysis for FRA:5C3
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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