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Midland HoldingsFRA:MTK -1.59%66 Return-on-Tangible-Equity is 42.67% as of Dec. 2025, which is 558% above its 10-year median of 6.48. GuruFocus rates FRA:MTK with a GF Score™ of 66/100 and a GF Value™ of €0.12. The stock has 4 warning signs investors should review. Among 1,717 Real Estate companies, Midland Holdings ranks better than 94.64% 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. Midland Holdings's annualized net income for the quarter that ended in Dec. 2025 was €59.6 Mil. Midland Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €139.6 Mil. Therefore, Midland Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 42.67%.
The historical rank and industry rank for Midland Holdings's Return-on-Tangible-Equity or its related term are showing as below:
FRA:MTK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -57.16 Med: 6.48 Max: 39.33
Current: 36.04
During the past 13 years, Midland Holdings's highest Return-on-Tangible-Equity was 39.33%. The lowest was -57.16%. And the median was 6.48%.
FRA:MTK's Return-on-Tangible-Equity is ranked better than 94.64% of 1717
companies
in the Real Estate industry
Industry Median: 4.27
vs FRA:MTK: 36.04
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.
Midland Holdings Return-on-Tangible-Equity Related Terms
Midland Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Midland Holdings'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:MTK vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Midland Holdings'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.
Midland Holdings Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Midland Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Midland Holdings'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 42.67% mean?
Midland Holdings (FRA:MTK) has a Return-on-Tangible-Equity of 42.67% 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 Midland Holdings and its competitors. This is 558% above median its historical median of 6.48. According to the industry distribution chart, Midland Holdings ranks #92 out of 1717 companies in the Real Estate industry, placing it in the top 5.4%.
Is Midland Holdings' Return-on-Tangible-Equity too high?
Midland Holdings' current Return-on-Tangible-Equity of 42.67% is 558% above median its 10-year median of 6.48. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Midland Holdings' value of 42.67% is 899.3% above this industry median. Based on the distribution chart, Midland Holdings ranks #92 out of 1717 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Midland Holdings has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Midland Holdings' Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Midland Holdings ranks #92 out of 1717 companies for Return-on-Tangible-Equity. This places Midland Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.27. Midland Holdings' value of 42.67% is 899.3% above this benchmark. While the company's 10-year median is 6.48 vs. the industry median of 4.27, Midland Holdings 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 1,717 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. Midland Holdings's current Return-on-Tangible-Equity of 42.67% is 899.3% 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 Midland Holdings 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. Midland Holdings's current Return-on-Tangible-Equity is 42.67%, which is 558% above median its own 10-year median of 6.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midland Holdings stock overvalued right now?
Midland Holdings (FRA:MTK) has a current Return-on-Tangible-Equity of 42.67%. The stock's GF Value™ is €0.12, compared to a current price of €0.25 — trading 106.7% above its estimated fair value. The current Return-on-Tangible-Equity is 42.67%, which is 558% above median its 10-year median of 6.48 and 899.3% above the Real Estate industry median of 4.27. Midland Holdings' overall GF Score™ is 66/100 with 4 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 Midland Holdings (FRA:MTK), the current Return-on-Tangible-Equity is 42.67% 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 Midland Holdings (FRA:MTK) Overvalued in 2026?
Based on GuruFocus' analysis, Midland Holdings stock appears to be overvalued.
The current stock price of €0.25 is trading 106.7% above its estimated GF Value™ of €0.12.
Key valuation signals for FRA:MTK:
Return-on-Tangible-Equity: 42.67% (558% above median its 10-year median of 6.48)
GF Value™: €0.12 vs. price of €0.25 (106.7% above fair value)
Industry Position: 899.3% above the Real Estate median (#92 of 1717)
No single metric tells the full story. See the FRA:MTK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Midland Holdings Ltd is an investment holding company principally engaged in the provision of property agency services for residential, commercial, and industrial properties and shops. The company is also engaged in the leasing of property, the operation of an Internet Website, and the provision of immigration consultancy services, money lending services, and mortgage referral services. The segment of the company is Property Agency, which involves: Residential properties, and Commercial and industrial properties and shops. It generates the majority of its revenue from the Residential properties. Geographically, the company operates in Hong Kong and Macau, which derives maximum revenue; and Chinese Mainland.
66GF Score
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