LTC PropertiesFRA:LTP +1.40%87 Return-on-Tangible-Equity is 8.74% as of Mar. 2026, which is 25% below its 10-year median of 11.68. GuruFocus rates FRA:LTP with a GF Score™ of 87/100 and a GF Value™ of €42.64 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 933 REITs companies, LTC Properties ranks better than 79.96% 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. LTC Properties's annualized net income for the quarter that ended in Mar. 2026 was €81.6 Mil. LTC Properties's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €933.5 Mil. Therefore, LTC Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.74%.
The historical rank and industry rank for LTC Properties's Return-on-Tangible-Equity or its related term are showing as below:
FRA:LTP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.43 Med: 11.68 Max: 19.61
Current: 11.97
During the past 13 years, LTC Properties's highest Return-on-Tangible-Equity was 19.61%. The lowest was 7.43%. And the median was 11.68%.
FRA:LTP's Return-on-Tangible-Equity is ranked better than 79.96% of 933
companies
in the REITs industry
Industry Median: 6.26
vs FRA:LTP: 11.97
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.
LTC Properties Return-on-Tangible-Equity Related Terms
LTC Properties Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for LTC 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:LTP vs SILA, DHC, MPT: Return-on-Tangible-Equity Comparison
For the REIT - Healthcare Facilities subindustry, LTC 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.
LTC Properties Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, LTC Properties's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where LTC 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 four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 8.74% mean?
LTC Properties (FRA:LTP) has a Return-on-Tangible-Equity of 8.74% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on LTC Properties and its competitors. This is 25% below median its historical median of 11.68. Over the past decade, LTC Properties' Return-on-Tangible-Equity has ranged from 7.43 to 19.61. According to the industry distribution chart, LTC Properties ranks #187 out of 933 companies in the REITs industry, placing it in the top 20%.
Is LTC Properties' Return-on-Tangible-Equity too high?
LTC Properties' current Return-on-Tangible-Equity of 8.74% is 25% below median its 10-year median of 11.68. Over the past 10 years, this metric has ranged from a low of 7.43 to a high of 19.61. The REITs industry median Return-on-Tangible-Equity is 6.26. LTC Properties' value of 8.74% is 39.6% above this industry median. Based on the distribution chart, LTC Properties ranks #187 out of 933 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, LTC Properties has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LTC Properties' Return-on-Tangible-Equity compare to SILA and DHC?
According to the REITs industry distribution chart, LTC Properties ranks #187 out of 933 companies for Return-on-Tangible-Equity. This places LTC Properties in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.26. LTC Properties' value of 8.74% is 39.6% above this benchmark. Historically, LTC Properties' own Return-on-Tangible-Equity has ranged from 7.43 to 19.61 over the past decade. While the company's 10-year median is 11.68 vs. the industry median of 6.26, LTC 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 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. LTC Properties's current Return-on-Tangible-Equity of 8.74% is 39.6% 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 LTC Properties 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. LTC Properties's current Return-on-Tangible-Equity is 8.74%, which is 25% below median its own 10-year median of 11.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LTC Properties stock overvalued right now?
Based on GuruFocus' analysis, LTC Properties (FRA:LTP) is currently considered Modestly Undervalued. The stock's GF Value™ is €42.64, compared to a current price of €34.68 — trading 18.7% below its estimated fair value. The current Return-on-Tangible-Equity is 8.74%, which is 25% below median its 10-year median of 11.68 and 39.6% above the REITs industry median of 6.26. LTC Properties' overall GF Score™ is 87/100 with 6 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 LTC Properties (FRA:LTP), the current Return-on-Tangible-Equity is 8.74% as of Mar. 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 LTC Properties (FRA:LTP) Overvalued in 2026?
Based on GuruFocus' analysis, LTC Properties stock appears to be undervalued.
The current stock price of €34.68 is trading 18.7% below its estimated GF Value™ of €42.64.
GuruFocus considers LTC Properties to be Modestly Undervalued.
Key valuation signals for FRA:LTP:
Return-on-Tangible-Equity: 8.74% (25% below median its 10-year median of 11.68)
GF Value™: €42.64 vs. price of €34.68 (18.7% below fair value)
Industry Position: 39.6% above the REITs median (#187 of 933)
No single metric tells the full story. See the FRA:LTP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LTC Properties Inc is a real estate investment trust. It invests in seniors housing and health care properties, mainly through ownership, sale-leasebacks, mortgage financing, joint ventures, construction financing, and structured finance solutions, including preferred equity, bridge, and mezzanine lending. The company's investment portfolio comprises several properties located throughout the USA, the majority of which are seniors housing and skilled nursing properties. The firm conducts and manages its business as two operating segments: Real Estate Investments, which generates maximum revenue, and SHOP.
87GF Score
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