Lighthouse PropertiesFRA:87O 50 Return-on-Tangible-Equity is 16.34% as of Dec. 2025, which is 133% above its 10-year median of 7.00. GuruFocus rates FRA:87O with a GF Score™ of 50/100 and a GF Value™ of €0.58 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,715 Real Estate companies, Lighthouse Properties ranks better than 76.5% 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. Lighthouse Properties's annualized net income for the quarter that ended in Dec. 2025 was €147.9 Mil. Lighthouse Properties's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €905.5 Mil. Therefore, Lighthouse Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 16.34%.
The historical rank and industry rank for Lighthouse Properties's Return-on-Tangible-Equity or its related term are showing as below:
FRA:87O'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.65 Med: 7 Max: 75.38
Current: 11.69
During the past 10 years, Lighthouse Properties's highest Return-on-Tangible-Equity was 75.38%. The lowest was -16.65%. And the median was 7.00%.
FRA:87O's Return-on-Tangible-Equity is ranked better than 76.5% of 1715
companies
in the Real Estate industry
Industry Median: 4.23
vs FRA:87O: 11.69
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.
Lighthouse Properties Return-on-Tangible-Equity Related Terms
Lighthouse Properties Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Lighthouse Properties'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:87O vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Lighthouse Properties'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.
Lighthouse Properties Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Lighthouse Properties's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lighthouse Properties'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 16.34% mean?
Lighthouse Properties (FRA:87O) has a Return-on-Tangible-Equity of 16.34% 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 Lighthouse Properties and its competitors. This is 133% above median its historical median of 7.00. According to the industry distribution chart, Lighthouse Properties ranks #403 out of 1715 companies in the Real Estate industry, placing it in the top 23.5%.
Is Lighthouse Properties' Return-on-Tangible-Equity too high?
Lighthouse Properties' current Return-on-Tangible-Equity of 16.34% is 133% above median its 10-year median of 7.00. The Real Estate industry median Return-on-Tangible-Equity is 4.23. Lighthouse Properties' value of 16.34% is 286.3% above this industry median. Based on the distribution chart, Lighthouse Properties ranks #403 out of 1715 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Lighthouse Properties has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lighthouse Properties' Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Lighthouse Properties ranks #403 out of 1715 companies for Return-on-Tangible-Equity. This places Lighthouse Properties in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.23. Lighthouse Properties' value of 16.34% is 286.3% above this benchmark. While the company's 10-year median is 7.00 vs. the industry median of 4.23, Lighthouse Properties 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 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. Lighthouse Properties's current Return-on-Tangible-Equity of 16.34% is 286.3% 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 Lighthouse Properties 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. Lighthouse Properties's current Return-on-Tangible-Equity is 16.34%, which is 133% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lighthouse Properties stock overvalued right now?
Based on GuruFocus' analysis, Lighthouse Properties (FRA:87O) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.58, compared to a current price of €0.41 — trading 29% below its estimated fair value. The current Return-on-Tangible-Equity is 16.34%, which is 133% above median its 10-year median of 7.00 and 286.3% above the Real Estate industry median of 4.23. Lighthouse Properties' overall GF Score™ is 50/100 with 8 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 Lighthouse Properties (FRA:87O), the current Return-on-Tangible-Equity is 16.34% 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 Lighthouse Properties (FRA:87O) Overvalued in 2026?
Based on GuruFocus' analysis, Lighthouse Properties stock appears to be undervalued.
The current stock price of €0.41 is trading 29% below its estimated GF Value™ of €0.58.
GuruFocus considers Lighthouse Properties to be Modestly Undervalued.
Key valuation signals for FRA:87O:
Return-on-Tangible-Equity: 16.34% (133% above median its 10-year median of 7.00)
GF Value™: €0.58 vs. price of €0.41 (29% below fair value)
Industry Position: 286.3% above the Real Estate median (#403 of 1715)
No single metric tells the full story. See the FRA:87O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lighthouse Properties PLC focuses on investing in dominant and defensive malls located in large Western European cities. Its activities include acquiring and investing in high-quality malls, enhancing property value through redevelopment, refurbishment, and improvements, and leasing space to tenants to generate rental income. The Group operates through two segments: direct property investments and indirect property investments, which involve temporary investments in listed real estate equity securities until capital is deployed into acquisitions, expansions, or refurbishments. The company's property portfolio is located across Spain, Portugal, and France, with the majority of revenue generated from Spain.
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