Mirarth Holdings (FRA:TDI) Return-on-Tangible-Equity: 19.08% (As of Mar. 2026) — 61% Above Median


FRA:TDI Mirarth Holdings Inc FRA:TDI
70 GF Score
Price €2.14
GF Value €2.48
! 7 Warning Signs
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What is Mirarth Holdings Return-on-Tangible-Equity?

Mirarth Holdings FRA:TDI +0.94% 70 Return-on-Tangible-Equity is 19.08% as of Mar. 2026, which is 61% above its 10-year median of 11.83. GuruFocus rates FRA:TDI with a GF Score™ of 70/100 and a GF Value™ of €2.48. The stock has 7 warning signs investors should review. Among 1,714 Real Estate companies, Mirarth Holdings ranks better than 59.33% 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. Mirarth Holdings's annualized net income for the quarter that ended in Mar. 2026 was €78 Mil. Mirarth Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €408 Mil. Therefore, Mirarth Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.08%.

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

FRA:TDI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.27   Med: 11.83   Max: 19.26
Current: 6.46

During the past 13 years, Mirarth Holdings's highest Return-on-Tangible-Equity was 19.26%. The lowest was 6.27%. And the median was 11.83%.

FRA:TDI's Return-on-Tangible-Equity is ranked better than
59.33% of 1714 companies
in the Real Estate industry
Industry Median: 4.195 vs FRA:TDI: 6.46

Mirarth Holdings  (FRA:TDI) 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.


Mirarth Holdings Return-on-Tangible-Equity Related Terms


Mirarth Holdings Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Mirarth 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.

Mirarth Holdings Return-on-Tangible-Equity Chart

Mirarth Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.29 7.94 13.80 12.37 5.87

Mirarth Holdings 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 45.58 -3.00 -1.72 11.15 19.08

Mirarth Holdings Return-on-Tangible-Equity Competitor Comparison

For the Real Estate - Development subindustry, Mirarth 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.


Mirarth Holdings Return-on-Tangible-Equity vs Real Estate Industry

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

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


FRA:TDI
70GF Score
Mirarth Holdings Inc FRA:TDI
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mirarth Holdings Return-on-Tangible-Equity Calculation

Mirarth Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=25.936/( (467.807+416.559 )/ 2 )
=25.936/442.183
=5.87 %

Mirarth Holdings'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 )
=77.8/( (399.123+416.559)/ 2 )
=77.8/407.841
=19.08 %

* 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 19.08% mean?
Mirarth Holdings (FRA:TDI) has a Return-on-Tangible-Equity of 19.08% 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 Mirarth Holdings and its competitors. This is 61% above median its historical median of 11.83. Over the past decade, Mirarth Holdings' Return-on-Tangible-Equity has ranged from 6.27 to 19.26. According to the industry distribution chart, Mirarth Holdings ranks #697 out of 1714 companies in the Real Estate industry, placing it in the top 40.7%.
Is Mirarth Holdings' Return-on-Tangible-Equity too high?
Mirarth Holdings' current Return-on-Tangible-Equity of 19.08% is 61% above median its 10-year median of 11.83. Over the past 10 years, this metric has ranged from a low of 6.27 to a high of 19.26. The Real Estate industry median Return-on-Tangible-Equity is 4.20. Mirarth Holdings' value of 19.08% is 354.8% above this industry median. Based on the distribution chart, Mirarth Holdings ranks #697 out of 1714 companies in the Real Estate industry, which is above the industry midpoint. Overall, Mirarth Holdings has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Mirarth Holdings' Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Mirarth Holdings ranks #697 out of 1714 companies for Return-on-Tangible-Equity. This puts Mirarth Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.20. Mirarth Holdings' value of 19.08% is 354.8% above this benchmark. Historically, Mirarth Holdings' own Return-on-Tangible-Equity has ranged from 6.27 to 19.26 over the past decade. While the company's 10-year median is 11.83 vs. the industry median of 4.20, Mirarth 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 4.20, 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. Mirarth Holdings's current Return-on-Tangible-Equity of 19.08% is 354.8% 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 Mirarth Holdings and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirarth Holdings's current Return-on-Tangible-Equity is 19.08%, which is 61% above median its own 10-year median of 11.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirarth Holdings stock overvalued right now?
Mirarth Holdings (FRA:TDI) has a current Return-on-Tangible-Equity of 19.08%. The stock's GF Value™ is €2.48, compared to a current price of €2.14 — trading 13.7% below its estimated fair value. The current Return-on-Tangible-Equity is 19.08%, which is 61% above median its 10-year median of 11.83 and 354.8% above the Real Estate industry median of 4.20. Mirarth Holdings' overall GF Score™ is 70/100 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 Mirarth Holdings (FRA:TDI), the current Return-on-Tangible-Equity is 19.08% 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 Mirarth Holdings (FRA:TDI) Overvalued in 2026?

Based on GuruFocus' analysis, Mirarth Holdings stock appears to be undervalued. The current stock price of €2.14 is trading 13.7% below its estimated GF Value™ of €2.48.

Key valuation signals for FRA:TDI:

  • Return-on-Tangible-Equity: 19.08% (61% above median its 10-year median of 11.83)
  • GF Value™: €2.48 vs. price of €2.14 (13.7% below fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 354.8% above the Real Estate median (#697 of 1714)

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


Mirarth Holdings Business Description

Other Exchanges 8897:Japan
Address 1-8-2, Marunouchi, Tekko Building 16th Floor, Chiyoda-ku, Tokyo, JPN, 100-0005
Mirarth Holdings Inc operates in Real Estate Business, Energy Business, Asset Management Business, and Other Businesses.
70GF Score

Get the complete analysis for FRA:TDI

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

€2.14
Price
€2.48
GF Value