FCR Immobilien AGFRA:FC9 18 Return-on-Tangible-Equity is 11.26% as of Dec. 2025, which is 4% above its 10-year median of 10.84. GuruFocus rates FRA:FC9 with a GF Score™ of 18/100 and a GF Value™ of €11.80 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,714 Real Estate companies, FCR Immobilien AG ranks better than 68.67% 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. FCR Immobilien AG's annualized net income for the quarter that ended in Dec. 2025 was €16.25 Mil. FCR Immobilien AG's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €144.32 Mil. Therefore, FCR Immobilien AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 11.26%.
The historical rank and industry rank for FCR Immobilien AG's Return-on-Tangible-Equity or its related term are showing as below:
FRA:FC9'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.16 Med: 10.84 Max: 16.74
Current: 8.82
During the past 9 years, FCR Immobilien AG's highest Return-on-Tangible-Equity was 16.74%. The lowest was 7.16%. And the median was 10.84%.
FRA:FC9's Return-on-Tangible-Equity is ranked better than 68.67% of 1714
companies
in the Real Estate industry
Industry Median: 4.27
vs FRA:FC9: 8.82
FCR Immobilien AG (FRA:FC9) 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.
FCR Immobilien AG Return-on-Tangible-Equity Related Terms
FCR Immobilien AG Return-on-Tangible-Equity Historical Data
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The historical data trend for FCR Immobilien AG'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:FC9 vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, FCR Immobilien AG'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.
FCR Immobilien AG Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, FCR Immobilien AG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where FCR Immobilien AG'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 11.26% mean?
FCR Immobilien AG (FRA:FC9) has a Return-on-Tangible-Equity of 11.26% 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 FCR Immobilien AG and its competitors. This is near median its historical median of 10.84. Over the past decade, FCR Immobilien AG's Return-on-Tangible-Equity has ranged from 7.16 to 16.74. According to the industry distribution chart, FCR Immobilien AG ranks #537 out of 1714 companies in the Real Estate industry, placing it in the top 31.3%.
Is FCR Immobilien AG's Return-on-Tangible-Equity too high?
FCR Immobilien AG's current Return-on-Tangible-Equity of 11.26% is near median its 10-year median of 10.84. Over the past 10 years, this metric has ranged from a low of 7.16 to a high of 16.74. The Real Estate industry median Return-on-Tangible-Equity is 4.27. FCR Immobilien AG's value of 11.26% is 163.7% above this industry median. Based on the distribution chart, FCR Immobilien AG ranks #537 out of 1714 companies in the Real Estate industry, which is above the industry midpoint. Overall, FCR Immobilien AG has a GF Score™ of 18/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FCR Immobilien AG's Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, FCR Immobilien AG ranks #537 out of 1714 companies for Return-on-Tangible-Equity. This puts FCR Immobilien AG in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.27. FCR Immobilien AG's value of 11.26% is 163.7% above this benchmark. Historically, FCR Immobilien AG's own Return-on-Tangible-Equity has ranged from 7.16 to 16.74 over the past decade. While the company's 10-year median is 10.84 vs. the industry median of 4.27, FCR Immobilien AG 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 4.27, based on 1,714 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. FCR Immobilien AG's current Return-on-Tangible-Equity of 11.26% is 163.7% 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 FCR Immobilien AG and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FCR Immobilien AG's current Return-on-Tangible-Equity is 11.26%, which is near median its own 10-year median of 10.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FCR Immobilien AG stock overvalued right now?
Based on GuruFocus' analysis, FCR Immobilien AG (FRA:FC9) is currently considered Fairly Valued. The stock's GF Value™ is €11.80, compared to a current price of €10.90 — trading 7.6% below its estimated fair value. The current Return-on-Tangible-Equity is 11.26%, which is near median its 10-year median of 10.84 and 163.7% above the Real Estate industry median of 4.27. FCR Immobilien AG's overall GF Score™ is 18/100 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 FCR Immobilien AG (FRA:FC9), the current Return-on-Tangible-Equity is 11.26% 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 FCR Immobilien AG (FRA:FC9) Overvalued in 2026?
Based on GuruFocus' analysis, FCR Immobilien AG stock appears to be undervalued.
The current stock price of €10.90 is trading 7.6% below its estimated GF Value™ of €11.80.
GuruFocus considers FCR Immobilien AG to be Fairly Valued.
Key valuation signals for FRA:FC9:
Return-on-Tangible-Equity: 11.26% (near median its 10-year median of 10.84)
GF Value™: €11.80 vs. price of €10.90 (7.6% below fair value)
Industry Position: 163.7% above the Real Estate median (#537 of 1714)
No single metric tells the full story. See the FRA:FC9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FCR Immobilien AG is a German-based company investing in real estate properties. The company mainly invests in shopping and retail parks in Germany. Its portfolio consists of approximately 78 properties. Geographically, the company operates in inland and EU countries, it derives a majority of revenue from Germany.
18GF Score
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