Midea Real Estate Holding (FRA:MR9) Return-on-Tangible-Equity: 10.78% (As of Dec. 2025) — 44% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:MR9 Midea Real Estate Holding Ltd FRA:MR9
41 GF Score
Price €0.25
GF Value €0.41
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Midea Real Estate Holding Return-on-Tangible-Equity?

Midea Real Estate Holding FRA:MR9 +1.65% 41 Return-on-Tangible-Equity is 10.78% as of Dec. 2025, which is 44% below its 10-year median of 19.16. GuruFocus rates FRA:MR9 with a GF Score™ of 41/100 and a GF Value™ of €0.41 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,723 Real Estate companies, Midea Real Estate Holding ranks better than 73.94% 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. Midea Real Estate Holding's annualized net income for the quarter that ended in Dec. 2025 was €61.6 Mil. Midea Real Estate Holding's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €570.9 Mil. Therefore, Midea Real Estate Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 10.78%.

The historical rank and industry rank for Midea Real Estate Holding's Return-on-Tangible-Equity or its related term are showing as below:

FRA:MR9' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.56   Med: 19.16   Max: 55.63
Current: 10.82

During the past 11 years, Midea Real Estate Holding's highest Return-on-Tangible-Equity was 55.63%. The lowest was -13.56%. And the median was 19.16%.

FRA:MR9's Return-on-Tangible-Equity is ranked better than
73.94% of 1723 companies
in the Real Estate industry
Industry Median: 4.41 vs FRA:MR9: 10.82

Midea Real Estate Holding  (FRA:MR9) 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.


Midea Real Estate Holding Return-on-Tangible-Equity Related Terms


Midea Real Estate Holding Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Midea Real Estate Holding'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.

Midea Real Estate Holding Return-on-Tangible-Equity Chart

Midea Real Estate Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.35 7.12 3.59 -14.08 11.35

Midea Real Estate Holding Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.00 -33.51 12.52 10.78 10.90

Midea Real Estate Holding Return-on-Tangible-Equity Competitor Comparison

For the Real Estate - Development subindustry, Midea Real Estate Holding'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.


Midea Real Estate Holding Return-on-Tangible-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Midea Real Estate Holding's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Midea Real Estate Holding's Return-on-Tangible-Equity falls into.


FRA:MR9
41GF Score
Midea Real Estate Holding Ltd FRA:MR9
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Midea Real Estate Holding Return-on-Tangible-Equity Calculation

Midea Real Estate Holding's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=67.816/( (615.936+579.559 )/ 2 )
=67.816/597.7475
=11.35 %

Midea Real Estate Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=61.558/( (562.299+579.559)/ 2 )
=61.558/570.929
=10.78 %

* 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 10.78% mean?
Midea Real Estate Holding (FRA:MR9) has a Return-on-Tangible-Equity of 10.78% 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 Midea Real Estate Holding and its competitors. This is 44% below median its historical median of 19.16. According to the industry distribution chart, Midea Real Estate Holding ranks #449 out of 1723 companies in the Real Estate industry, placing it in the top 26.1%.
Is Midea Real Estate Holding's Return-on-Tangible-Equity too high?
Midea Real Estate Holding's current Return-on-Tangible-Equity of 10.78% is 44% below median its 10-year median of 19.16. The Real Estate industry median Return-on-Tangible-Equity is 4.41. Midea Real Estate Holding's value of 10.78% is 144.4% above this industry median. Based on the distribution chart, Midea Real Estate Holding ranks #449 out of 1723 companies in the Real Estate industry, which is above the industry midpoint. Overall, Midea Real Estate Holding has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Midea Real Estate Holding's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Midea Real Estate Holding ranks #449 out of 1723 companies for Return-on-Tangible-Equity. This puts Midea Real Estate Holding in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.41. Midea Real Estate Holding's value of 10.78% is 144.4% above this benchmark. While the company's 10-year median is 19.16 vs. the industry median of 4.41, Midea Real Estate Holding 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 4.41, based on 1,723 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. Midea Real Estate Holding's current Return-on-Tangible-Equity of 10.78% is 144.4% 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 Midea Real Estate Holding and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Midea Real Estate Holding's current Return-on-Tangible-Equity is 10.78%, which is 44% below median its own 10-year median of 19.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midea Real Estate Holding stock overvalued right now?
Based on GuruFocus' analysis, Midea Real Estate Holding (FRA:MR9) is currently considered Possible Value Trap. The stock's GF Value™ is €0.41, compared to a current price of €0.25 — trading 40% below its estimated fair value. The current Return-on-Tangible-Equity is 10.78%, which is 44% below median its 10-year median of 19.16 and 144.4% above the Real Estate industry median of 4.41. Midea Real Estate Holding's overall GF Score™ is 41/100 with 3 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 Midea Real Estate Holding (FRA:MR9), the current Return-on-Tangible-Equity is 10.78% 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 Midea Real Estate Holding (FRA:MR9) Overvalued in 2026?

Based on GuruFocus' analysis, Midea Real Estate Holding stock appears to be undervalued. The current stock price of €0.25 is trading 40% below its estimated GF Value™ of €0.41. GuruFocus considers Midea Real Estate Holding to be Possible Value Trap.

Key valuation signals for FRA:MR9:

  • Return-on-Tangible-Equity: 10.78% (44% below median its 10-year median of 19.16)
  • GF Value™: €0.41 vs. price of €0.25 (40% below fair value)
  • GF Score™: 41/100 with 3 warning signs
  • Industry Position: 144.4% above the Real Estate median (#449 of 1723)

No single metric tells the full story. See the FRA:MR9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Midea Real Estate Holding Business Description

Other Exchanges 03990:Hong Kong
Address No. 1 Chengde Road, 34th Floor, Tower 4, Midea Real Estate Plaza, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528311
Midea Real Estate Holding Ltd is a real estate development company that offers real estate services. It operates through principal business segments: Property management services business; Asset operation business; Real estate technology business; and Project management services business. The Property management services business generates the majority of the revenue.
41GF Score

Get the complete analysis for FRA:MR9

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.25
Price
€0.41
GF Value