CBRE Group (FRA:RF6) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)


FRA:RF6 CBRE Group Inc FRA:RF6
93 GF Score
Price €125.05
GF Value €138.29
! 5 Warning Signs
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What is CBRE Group Return-on-Tangible-Equity?

CBRE Group FRA:RF6 +2.50% 93 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates FRA:RF6 with a GF Score™ of 93/100 and a GF Value™ of €138.29. The stock has 5 warning signs investors should review. Among 1,714 Real Estate companies, CBRE Group ranks better than 99.94% 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. CBRE Group's annualized net income for the quarter that ended in Mar. 2026 was €1,100 Mil. CBRE Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €-1,103 Mil. Therefore, CBRE Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

The historical rank and industry rank for CBRE Group's Return-on-Tangible-Equity or its related term are showing as below:

FRA:RF6' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 50.33   Med: 123.47   Max: 271.45
Current: Negative Tangible Equity

During the past 13 years, CBRE Group's highest Return-on-Tangible-Equity was 271.45%. The lowest was 50.33%. And the median was 123.47%.

FRA:RF6's Return-on-Tangible-Equity is ranked better than
99.94% of 1714 companies
in the Real Estate industry
Industry Median: 4.27 vs FRA:RF6: Negative Tangible Equity

CBRE Group  (FRA:RF6) 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.


CBRE Group Return-on-Tangible-Equity Related Terms


CBRE Group Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for CBRE Group'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.

CBRE Group Return-on-Tangible-Equity Chart

CBRE Group 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 127.66 152.49 105.32 128.47 Negative Tangible Equity

CBRE Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3,956.70 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

FRA:RF6 vs BEKE, JLL, CSGP: Return-on-Tangible-Equity Comparison

For the Real Estate Services subindustry, CBRE Group'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.


CBRE Group Return-on-Tangible-Equity vs Real Estate Industry

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

* The bar in red indicates where CBRE Group's Return-on-Tangible-Equity falls into.


FRA:RF6
93GF Score
CBRE Group Inc FRA:RF6
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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CBRE Group Return-on-Tangible-Equity Calculation

CBRE Group'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 )
=988.078/( (469.86+-977.83 )/ 2 )
=988.078/-253.985
=Negative Tangible Equity %

CBRE Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1100.28/( (-977.83+-1227.435)/ 2 )
=1100.28/-1102.6325
=Negative Tangible Equity %

* 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 Negative Tangible Equity% mean?
CBRE Group (FRA:RF6) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 CBRE Group and its competitors. Over the past decade, CBRE Group's Return-on-Tangible-Equity has ranged from 50.33 to 271.45. According to the industry distribution chart, CBRE Group ranks #1 out of 1714 companies in the Real Estate industry, placing it in the top 0.099999999999994%.
Is CBRE Group's Return-on-Tangible-Equity too high?
CBRE Group's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 50.33 to a high of 271.45. Based on the distribution chart, CBRE Group ranks #1 out of 1714 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, CBRE Group has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does CBRE Group's Return-on-Tangible-Equity compare to BEKE and JLL?
According to the Real Estate industry distribution chart, CBRE Group ranks #1 out of 1714 companies for Return-on-Tangible-Equity. This places CBRE Group in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.27. Historically, CBRE Group's own Return-on-Tangible-Equity has ranged from 50.33 to 271.45 over the past decade. 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. 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 CBRE Group 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. CBRE Group's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CBRE Group stock overvalued right now?
CBRE Group (FRA:RF6) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The stock's GF Value™ is €138.29, compared to a current price of €125.05 — trading 9.6% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. CBRE Group's overall GF Score™ is 93/100 with 5 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 CBRE Group (FRA:RF6), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 CBRE Group (FRA:RF6) Overvalued in 2026?

Based on GuruFocus' analysis, CBRE Group stock appears to be undervalued. The current stock price of €125.05 is trading 9.6% below its estimated GF Value™ of €138.29.

Key valuation signals for FRA:RF6:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: €138.29 vs. price of €125.05 (9.6% below fair value)
  • GF Score™: 93/100 with 5 warning signs

No single metric tells the full story. See the FRA:RF6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CBRE Group Business Description

Address 2121 North Pearl Street, Suite 300, Dallas, TX, USA, 75201
CBRE Group provides a wide range of real estate services to owners, occupants, and investors worldwide, including leasing, property and project management, and capital markets advisory. CBRE's investment management arm managed over $155 billion (at year-end 2025) for clients across diverse public and private real estate strategies.
93GF Score

Get the complete analysis for FRA:RF6

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

€125.05
Price
€138.29
GF Value